Hescott Engineering Company Limited
Registered name: HESCOTT ENGINEERING COMPANY LIMITED
Part of Aim Group UK (Holdings) Ltd groupHescott Engineering Company Limited made £14.3m revenue and £788k profit in the year to 30 Jun 2025.
Hescott Engineering Company Limited’s revenue was £14.3m in the year to 30 Jun 2025, with £788k profit and 38 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- In Administration
- Location
- Glasgow, Scotland
- Age
- 38 yrs · since 1988
- 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: “Hescott Topco Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £11.1m | £14.3m |
| Cost of sales | — | £8.5m | £10.1m |
| Gross profit | — | £2.6m | £4.2m |
| Operating profit | — | £1.9m | £991k |
| Profit before tax | — | £2m | £1m |
| Profit after tax | — | £2m | £788k |
| Profit (best available) | — | £2m | £788k |
| Staff costs | — | £1.7m | £2.5m |
| Employees (average) | 49 | 40 | 38 |
| Ratios | |||
| Profit margin | — | 18% | 5.5% |
| Gross margin | — | 23.7% | 29.5% |
| Revenue per employee | — | £277k | £377k |
| Profit per employee | — | £49.9k | £20.7k |
| Cash conversion | — | −36.5% | 804.9% |
| Growth (year on year) | |||
| Headcount growth | — | ▼18.4% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.9m | £7.2m | £361k |
| Net assets | £7.1m | £8.3m | £9.1m |
| Fixed assets | £702k | £797k | £145k |
| Current assets | £8.5m | £8.9m | £12.4m |
| Debtors | £47.8k | £554k | £375k |
| Cash from operations | — | −£691k | £8m |
| Source | Accounts · bulk data Apr 2024 | Accounts · bulk data Apr 2024 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 29.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £377k
- Revenue ÷ average employees.
- Profit per employee
- £20.7k
- Profit ÷ average employees.
- Cash conversion
- 804.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.6%
- 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 £9.1m
- Cash at bank
- —
- Now £361k
- Headcount
- —
- Now 38
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £145k
Group structure
Ownership chain
- Aim Group UK (Holdings) Ltdultimate parent75–100%
- Hescott Topco Limited75–100%
- Hescott Engineering Company 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).
Similar profitable businesses
- Knight Strip Metals LimitedCranborne Road Potters Bar · Manufacture of metal structures and parts of structures
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- Profit
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- Staff
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- S&a Fabrications LimitedBarnard Castle · Manufacture of metal structures and parts of structures
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- Harrisons Engineering (Lancashire) LimitedBillington · Manufacture of metal structures and parts of structures
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- Wiltech Engineering LimitedRochester · Manufacture of metal structures and parts of structures
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £788k), from the Companies House accounts bulk data published Mar 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.