Nationwide Engineering Ltd
Registered name: NATIONWIDE ENGINEERING LTD
Part of Nationwide Engineering Group Ltd groupNationwide Engineering Ltd made £13.6m revenue and £153k profit in the year to 30 Sep 2024. read from filing text
Nationwide Engineering Ltd’s revenue fell 20% to £13.6m in the year to 30 Sep 2024, with £153k profit and 22 employees. The company is classified under “construction of railways and underground railways” and is based in Salisbury; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salisbury, South West
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate controlling party is Nationwide Engineering Group Limited who owns 100% of the share capital.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £17.1m | £13.6m |
| Cost of sales | — | £13.4m | £10.9m |
| Gross profit | — | £3.7m | £2.7m |
| Operating profit | — | £764k | £497k |
| Profit before tax | — | £318k | £153k |
| Profit after tax | — | £318k | £153k |
| Profit (best available) | — | £318k | £153k |
| Staff costs | — | £1.1m | £884k |
| Employees (average) | 35 | 42 | 22 |
| Ratios | |||
| Profit margin | — | 1.9% | 1.1% |
| Gross margin | — | 21.6% | 19.9% |
| Revenue per employee | — | £406k | £617k |
| Profit per employee | — | £7.6k | £7k |
| Cash conversion | — | −129.2% | −168.2% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼20.4% |
| Profit growth | — | — | ▼52% |
| Headcount growth | — | ▲20% | ▼47.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £20.3k | £1m | £0 |
| Net assets | £2m | £3.3m | £64.2k |
| Fixed assets | £618k | £605k | £424k |
| Current assets | £7m | £9.7m | £4.7m |
| Debtors | £296k | £1.3m | £3.5m |
| Cash from operations | — | −£987k | −£835k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 19.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £617k
- Revenue ÷ average employees.
- Profit per employee
- £7k
- Profit ÷ average employees.
- Cash conversion
- −168.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼98%
- Now £64.2k
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▼48%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▼30%
- Now £424k
Group structure
Ownership chain
- Nationwide Engineering Group Ltdultimate parent75–100%
- Nationwide Engineering Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Hibberd Development Company LtdRev. — · Profit −£1.6m
- Nationwide Air LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £153k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.