KW Special Projects Limited
Registered name: KW SPECIAL PROJECTS LIMITED
Part of Abu Dhabi Government groupKW Special Projects Limited made £14.2m revenue and a £39.6k loss in the year to 31 Dec 2024.
KW Special Projects Limited’s revenue was £14.2m in the year to 31 Dec 2024, with a loss of £39.6k and 42 employees. The company is classified under “engineering design activities for industrial process and production” and is based in Towcester; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Towcester, East Midlands
- Age
- 14 yrs · since 2012
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8.4m | £4.7m | £6.1m | £14.2m |
| Cost of sales | £5m | £5.4m | £7m | −£12.2m |
| Gross profit | £3.5m | −£785k | −£947k | £1.9m |
| Operating profit | £1.5m | −£8m | −£5.5m | −£51.7k |
| Profit before tax | £1.5m | −£8m | −£5.5m | −£56.5k |
| Profit after tax | £1.5m | −£8.1m | −£5.5m | −£39.6k |
| Profit (best available) | £1.5m | −£8.1m | −£5.5m | −£39.6k |
| Staff costs | £1.2m | £1.9m | £2.6m | — |
| Employees (average) | 22 | 35 | 47 | 42 |
| Ratios | ||||
| Profit margin | 17.3% | −174.9% | −90.8% | −0.3% |
| Gross margin | 40.9% | −16.9% | −15.5% | 13.6% |
| Revenue per employee | £384k | £133k | £130k | £337k |
| Profit per employee | £66.5k | −£233k | −£118k | −£943 |
| Cash conversion | 98.2% | — | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼44.9% | ▲30.9% | — |
| Profit growth | — | ▼656.3% | — | — |
| Headcount growth | — | ▲59.1% | ▲34.3% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.1m | £876k | £168k | — |
| Net assets | £3m | −£5.1m | −£10.7m | — |
| Fixed assets | £194k | £294k | £461k | — |
| Current assets | £7.6m | £4.1m | £11.9m | — |
| Debtors | £1.7m | £1.4m | £17.3k | — |
| Deferred income | £3.6m | £2.5m | £495k | — |
| Cash from operations | £1.4m | −£1.1m | −£318k | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Nov 2024 | Accounts · bulk data May 2025 |
How the business works
- Profit margin
- −0.3%
- Profit ÷ revenue.
- Gross margin
- 13.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £337k
- Revenue ÷ average employees.
- Profit per employee
- −£943
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 42
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Abu Dhabi Government (registered outside the UK register)ultimate parent75–100%
- McLaren Group Holdings Limited75–100%
- McLaren Automotive Holdings Limited75–100%
- McLaren Automotive Limited75–100%
- Hypercar Solutions Group Limited75–100%
- KW Special Projects Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£39.6k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.