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Company No. 09942342 · Incorporated 8 Jan 2016

Cwe Belhus Limited

Registered name: CWE BELHUS LIMITED

Part of Constantine Wind Energy Limited group

Cwe Belhus Limited made £671k revenue and £66.1k profit in the year to 31 Dec 2025. read from filing text

Cwe Belhus Limited’s revenue fell 23% to £671k in the year to 31 Dec 2025, with £66.1k profit and 3 employees. The company is classified under “production of electricity” and is based in Godalming; we hold 3 years of its filed accounts.

Full P&L filedSection D · Electricity, gas, steam and air conditioning supplySIC 35110Production of electricity
Status
Active
Location
Godalming, South East
Age
10 yrs · since 2016
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 company's immediate parent is CWE B Limited.”

Latest accounts · year to 31 Dec 2025

Key figures

Small team
Revenue
£671k
Growth ▼22.6%
Profit
£66.1k
Growth ▼64.7%
Profit margin
9.8%
Gross 70.4%
Employees
3
Change 0%
Profit / employee
£22k
Revenue/employee £224k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£598k£867k£671k
Cost of sales£199k£240k£199k
Gross profit£399k£627k£473k
Operating profit£97.8k£324k£161k
Profit before tax£27k£250k£88.7k
Profit after tax£19.8k£187k£66.1k
Profit (best available)£19.8k£187k£66.1k
Employees (average)333
Ratios
Profit margin3.3%21.6%9.8%
Gross margin66.8%72.3%70.4%
Revenue per employee£199k£289k£224k
Profit per employee£6.6k£62.4k£22k
Growth (year on year)
Revenue growth—▲45.1%▼22.6%
Profit growth—▲846.2%▼64.7%
Headcount growth—0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£48.5k£222k£25.5k
Net assets£508k£635k£715k
Fixed assets£3.8m£3.5m£3.2m
Current assets£407k£868k£966k
Debtors£28.2k£17.4k£22.9k
Deferred income£47.2k£126k£96k
SourceFullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
9.8%
Profit ÷ revenue.
Gross margin
70.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£224k
Revenue ÷ average employees.
Profit per employee
£22k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
475.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
14.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
3.4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲13%
Now £715k
Cash at bank
▼89%
Now £25.5k
Headcount
0%
Now 3
Deferred income
▼24%
Now £96k
Fixed assets
▼8%
Now £3.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Constantine Wind Energy Limitedultimate parent75–100%
  2. Cwe a Limited75–100%
  3. Cwe B Limited75–100%
  4. Cwe Belhus Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (13)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £66.1k), from the Companies House accounts bulk data published Jul 2026. 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.