Teemore Engineering Limited
Registered name: TEEMORE ENGINEERING LIMITED
Teemore Engineering Limited made £26.5m revenue and £1.6m profit in the year to 31 Oct 2024.
Teemore Engineering Limited’s revenue was £26.5m in the year to 31 Oct 2024, with £1.6m profit and 61 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Enniskillen; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Enniskillen, Northern Ireland
- Age
- 19 yrs · since 2007
- Type
- Private Limited Company
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 | 30 Apr 2023 | 31 Oct 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £16.4m | £16.3m | £26.5m |
| Cost of sales | £13.4m | £13m | £21.1m |
| Gross profit | £3m | £3.3m | £5.4m |
| Operating profit | £1.2m | £1.4m | £2.1m |
| Profit before tax | £1.1m | £1.3m | £2.1m |
| Profit after tax | £957k | £1m | £1.6m |
| Profit (best available) | £957k | £1m | £1.6m |
| Staff costs | £1.8m | £1.8m | £2.9m |
| Employees (average) | 51 | 57 | 61 |
| Ratios | |||
| Profit margin | 5.8% | 6.4% | 6% |
| Gross margin | 18.2% | 20.4% | 20.3% |
| Revenue per employee | £321k | £286k | £434k |
| Profit per employee | £18.8k | £18.3k | £26.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▼0.5% | — |
| Profit growth | — | ▲9.1% | — |
| Headcount growth | — | ▲11.8% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.1m | £1.2m | £2.9m |
| Net assets | £7.7m | £8.6m | £10.1m |
| Fixed assets | £1.2m | £1.4m | £1.8m |
| Current assets | £9.2m | £9.7m | £11.9m |
| Debtors | £1.9m | £2m | £3.6m |
| Deferred income | £499k | £489k | £587k |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 6%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £434k
- Revenue ÷ average employees.
- Profit per employee
- £26.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13.4%
- 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 £10.1m
- Cash at bank
- —
- Now £2.9m
- Headcount
- —
- Now 61
- Deferred income
- —
- Now £587k
- Fixed assets
- —
- Now £1.8m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2024 (profit £1.6m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 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.