Had-Fab Limited
Registered name: HAD-FAB LIMITED
Had-Fab Limited made £33.4m revenue and £1.4m profit in the year to 31 Mar 2026. read from filing text
Had-Fab Limited’s revenue grew 67% to £33.4m in the year to 31 Mar 2026, with £1.4m profit and 185 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in East Lothian; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- East Lothian, Scotland
- Age
- 33 yrs · since 1993
- 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 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £19.1m | £15m | £20m | £33.4m |
| Cost of sales | £12.7m | £10.9m | £15.1m | £25.6m |
| Gross profit | £6.4m | £4m | £4.9m | £7.8m |
| Operating profit | £2.7m | £608k | £674k | £2.1m |
| Profit before tax | £2.6m | £511k | £549k | £2m |
| Profit after tax | £2.2m | £335k | £391k | £1.4m |
| Profit (best available) | £2.2m | £335k | £391k | £1.4m |
| Staff costs | £5.5m | £5.6m | £6.7m | £9.9m |
| Employees (average) | 115 | 125 | 144 | 185 |
| Ratios | ||||
| Profit margin | 11.7% | 2.2% | 2% | 4.2% |
| Gross margin | 33.7% | 27% | 24.7% | 23.5% |
| Revenue per employee | £166k | £120k | £139k | £181k |
| Profit per employee | £19.5k | £2.7k | £2.7k | £7.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼21.5% | ▲33.4% | ▲67.1% |
| Profit growth | — | ▼85.1% | ▲16.7% | ▲261.3% |
| Headcount growth | — | ▲8.7% | ▲15.2% | ▲28.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £31.6k | £1.3m | £4.1m |
| Net assets | £6.1m | £6.1m | £6.1m | £6.7m |
| Fixed assets | £5.1m | £4.9m | £5.9m | £8.5m |
| Current assets | £7.6m | £7.1m | £9.1m | £19.8m |
| Debtors | £3.3m | £2.8m | £4.3m | £5.6m |
| Deferred income | £114k | £134k | £88.1k | £1.7m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 4.2%
- Profit ÷ revenue.
- Gross margin
- 23.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £181k
- Revenue ÷ average employees.
- Profit per employee
- £7.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 25.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.8%
- 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
- ▲10%
- Now £6.7m
- Cash at bank
- ▲205%
- Now £4.1m
- Headcount
- ▲28%
- Now 185
- Deferred income
- ▲1822%
- Now £1.7m
- Fixed assets
- ▲43%
- Now £8.5m
Similar profitable businesses
- Lemon Groundwork Solutions LtdWickford · Manufacture of metal structures and parts of structures
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- Profit
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- Staff
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- Transporter Engineering LimitedHalstead · Manufacture of metal structures and parts of structures
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- European Active Projects LimitedGillingham · Manufacture of metal structures and parts of structures
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- Exlabesa Extrusions (Doncaster) LimitedDoncaster · Manufacture of metal structures and parts of structures
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- Allied Protek Engineering Solutions LimitedGrimsby · Manufacture of metal structures and parts of structures
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- Ledwood Mechanical Engineering LimitedPembroke Dock · Manufacture of metal structures and parts of structures
- Revenue
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £1.4m), from the Companies House accounts bulk data published Aug 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.