How much does Davro Steel Limited make?

Davro Steel Limited reported revenue of £87.8m and £284k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Davro Steel Limited have?

Davro Steel Limited reported an average of 33 employees in the year to 31 Mar 2025.

Is Davro Steel Limited profitable?

Yes — Davro Steel Limited reported a profit of £284k in the year to 31 Mar 2025.

Company No. 00471310 · Incorporated 28 Jul 1949

Davro Steel Limited

Registered name: DAVRO STEEL LIMITED

Part of Ricol Holdings Limited group

Davro Steel Limited made £87.8m revenue and £284k profit in the year to 31 Mar 2025. read from filing text

Davro Steel Limited’s revenue fell 4% to £87.8m in the year to 31 Mar 2025, with £284k profit and 33 employees. The company is classified under “wholesale of metals and metal ores” and is based in Halesowen; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46720Wholesale of metals and metal ores

Status: Active
Location: Halesowen, West Midlands
Age: 77 yrs · since 1949
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: “Ricol Holdings Limited, being the immediate and ultimate parent company, prepares consolidated group financial statements incorporating the results of the company.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£87.8m

Growth ▼4.4%

Profit

£284k

Growth ▼66.7%

Profit margin

0.3%

Gross 7.1%

Employees

Change ▲3.1%

Profit / employee

£8.6k

Revenue/employee £2.7m

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 to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£121m	£91.8m	£87.8m
Cost of sales	£110m	£84.5m	£81.6m
Gross profit	£11.2m	£7.3m	£6.2m
Operating profit	£2.6m	£1.3m	£194k
Profit before tax	£2.3m	£1.3m	£398k
Profit after tax	£1.8m	£854k	£284k
Profit (best available)	£1.8m	£854k	£284k
Staff costs	£1.6m	£3.4m	£2.4m
Employees (average)	32	32	33
Ratios
Profit margin	1.5%	0.9%	0.3%
Gross margin	9.3%	7.9%	7.1%
Revenue per employee	£3.8m	£2.9m	£2.7m
Profit per employee	£56.6k	£26.7k	£8.6k
Growth (year on year)
Revenue growth	—	▼24.1%	▼4.4%
Profit growth	—	▼52.9%	▼66.7%
Headcount growth	—	0%	▲3.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£650k	£504k	£6.2m
Net assets	£9.8m	£10.5m	£11.1m
Fixed assets	£5.2m	£5m	£5m
Current assets	£36.3m	£29.7m	£34.7m
Debtors	£23.7m	£19.4m	£21.7m
Deferred income	£303k	£107k	£4.9m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 0.3%; Profit ÷ revenue.
Gross margin: 7.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.7m; Revenue ÷ average employees.
Profit per employee: £8.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 24.7%; 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: ▲6%; Now £11.1m
Cash at bank: ▲1128%; Now £6.2m
Headcount: ▲3%; Now 33
Deferred income: ▲4443%; Now £4.9m
Fixed assets: ▼1%; Now £5m

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

Ricol Holdings Limitedultimate parent50–75%
Davro Steel 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £284k), from the Companies House accounts bulk data published Dec 2025. 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.