Nasmyth Technologies Limited
Registered name: NASMYTH TECHNOLOGIES LIMITED
Part of Sigma Advanced Systems Ltd groupNasmyth Technologies Limited made £4.5m revenue and £475k profit in the year to 30 Apr 2025.
Nasmyth Technologies Limited’s revenue grew 38% to £4.5m in the year to 30 Apr 2025, with £475k profit and 40 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Coventry; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Coventry, West Midlands
- Age
- 12 yrs · since 2014
- 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 | 30 Apr 2022 | 29 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £6m | £5.3m | £3.3m | £4.5m |
| Cost of sales | £5.9m | £4.3m | £2.5m | £3.6m |
| Gross profit | £24k | £1m | £749k | £928k |
| Operating profit | £2m | £273k | £153k | £428k |
| Profit before tax | £1.8m | £238k | £158k | £428k |
| Profit after tax | £2.1m | £500k | £217k | £475k |
| Profit (best available) | £2.1m | £500k | £217k | £475k |
| Employees (average) | 58 | 48 | 32 | 40 |
| Ratios | ||||
| Profit margin | 34.7% | 9.4% | 6.6% | 10.5% |
| Gross margin | 0.4% | 19.4% | 22.9% | 20.5% |
| Revenue per employee | £103k | £111k | £102k | £113k |
| Profit per employee | £35.7k | £10.4k | £6.8k | £11.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼38.5% | ▲38.1% |
| Profit growth | — | — | ▼56.6% | ▲118.9% |
| Headcount growth | — | — | ▼33.3% | ▲25% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £288k | £21k | £0 | £16k |
| Net assets | £317k | £817k | £1m | £1.5m |
| Fixed assets | £318k | £196k | £193k | £236k |
| Current assets | £2.6m | £2.4m | £3.2m | £3.3m |
| Debtors | £1.1m | £994k | £1.5m | £1.4m |
| Deferred income | £284k | £14k | £90k | £16k |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 10.5%
- Profit ÷ revenue.
- Gross margin
- 20.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £113k
- Revenue ÷ average employees.
- Profit per employee
- £11.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 29.9%
- 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
- ▲46%
- Now £1.5m
- Cash at bank
- —
- Now £16k
- Headcount
- ▲25%
- Now 40
- Deferred income
- ▼82%
- Now £16k
- Fixed assets
- ▲22%
- Now £236k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Sigma Advanced Systems Ltd (registered outside the UK register)ultimate parent75–100%
- Sigma Advanced Systems UK Ltd75–100%
- Nasmyth Group Limited75–100%
- Nasmyth Technologies Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- Nasmyth Bulwell LimitedRev. £28.9m · Profit −£1m
- Nasmyth Coventry LimitedRev. £10.8m · Profit −£1.1m
- Nasmyth Iec LimitedRev. £8.1m · Profit −£582k
- Nasmyth Henton LimitedRev. £6.7m · Profit −£388k
- Geb Surface Treatments LimitedRev. £2.3m · Profit £436k
- Nasmyth Enterprises LimitedRev. £848k · Profit −£1.2m
- Nasmyth Doughty LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £475k), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 14 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.