How much does P.& D.northern Steels Limited make?

P.& D.northern Steels Limited reported revenue of £10.7m and a loss of £157k in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does P.& D.northern Steels Limited have?

P.& D.northern Steels Limited reported an average of 11 employees in the year to 31 Oct 2024.

Is P.& D.northern Steels Limited profitable?

No — P.& D.northern Steels Limited reported a loss of £157k in the year to 31 Oct 2024.

Company No. 00584986 · Incorporated 3 Jun 1957

P.& D.northern Steels Limited

Registered name: P.& D.NORTHERN STEELS LIMITED

Part of P & D Northern Group Limited group

P.& D.northern Steels Limited made £10.7m revenue and a £157k loss in the year to 31 Oct 2024. read from filing text

P.& D.northern Steels Limited’s revenue fell 24% to £10.7m in the year to 31 Oct 2024, with a loss of £157k and 11 employees. The company is classified under “wholesale of metals and metal ores” and is based in Oldham; 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: Oldham, North West
Age: 69 yrs · since 1957
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.

Latest accounts · year to 31 Oct 2024

Key figures

Capital-lightCash flow filed

Revenue

£10.7m

Growth ▼23.9%

Profit

−£157k

Growth ▼149.2%

Profit margin

−1.5%

Gross 12.2%

Employees

Change ▼8.3%

Profit / employee

−£14.3k

Revenue/employee £974k

Profitable streak

0yrs

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 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£15.6m	£14.1m	£10.7m
Cost of sales	£11.1m	£12.2m	£9.4m
Gross profit	£4.4m	£1.9m	£1.3m
Operating profit	£3.2m	£561k	−£19.5k
Profit before tax	£3.1m	£420k	−£214k
Profit after tax	£2.5m	£320k	−£157k
Profit (best available)	£2.5m	£320k	−£157k
Staff costs	£713k	£739k	£682k
Employees (average)	11	12	11
Ratios
Profit margin	16.3%	2.3%	−1.5%
Gross margin	28.4%	13.5%	12.2%
Revenue per employee	£1.4m	£1.2m	£974k
Profit per employee	£230k	£26.6k	−£14.3k
Cash conversion	−42.7%	−164.3%	—
Growth (year on year)
Revenue growth	—	▼9.5%	▼23.9%
Profit growth	—	▼87.4%	▼149.2%
Headcount growth	—	▲9.1%	▼8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£280k	£361k	£32.9k
Net assets	£5.1m	£5.4m	£5m
Fixed assets	£118k	£428k	£391k
Current assets	£10.2m	£11m	£8.6m
Debtors	£3.8m	£3.9m	£2.7m
Deferred income	£224k	£154k	£13.7k
Cash from operations	−£1.4m	−£921k	−£362k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −1.5%; Profit ÷ revenue.
Gross margin: 12.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £974k; Revenue ÷ average employees.
Profit per employee: −£14.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.4%; 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: ▼8%; Now £5m
Cash at bank: ▼91%; Now £32.9k
Headcount: ▼8%; Now 11
Deferred income: ▼91%; Now £13.7k
Fixed assets: ▼9%; Now £391k

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

P & D Northern Group Limitedultimate parent75–100%
P.& D.northern Steels 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 Oct 2024 (profit −£157k), from the Companies House accounts bulk data published Jul 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.