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Company No. 00587472 · Incorporated 18 Jul 1957

Amnitec Limited

Registered name: AMNITEC LIMITED

Part of Smiths Group PLC group

Amnitec Limited made £11.4m revenue and a £901k loss in the year to 31 Jul 2024.

Amnitec Limited’s revenue fell 2% to £11.4m in the year to 31 Jul 2024, with a loss of £901k and 103 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Mid Glamorgan; we hold 3 years of its filed accounts.

Status
Active
Location
Mid Glamorgan, Wales
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. From the filing: “Smiths Group plc”

Latest accounts · year to 31 Jul 2024

Key figures

Revenue
£11.4m
Growth ▼1.8%
Profit
−£901k
Growth ▼863.6%
Profit margin
−7.9%
Gross 16.2%
Employees
103
Change ▼2.8%
Profit / employee
−£8.7k
Revenue/employee £111k
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 to31 Jul 202231 Jul 202331 Jul 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£8.2m£11.6m£11.4m
Cost of sales£7.9m£9.8m£9.5m
Gross profit£319k£1.8m£1.8m
Operating profit−£587k£388k−£350k
Profit before tax−£652k£118k−£901k
Profit after tax−£528k£118k−£901k
Profit (best available)−£528k£118k−£901k
Staff costs£3m£3.6m£4.2m
Employees (average)98106103
Ratios
Profit margin−6.5%1%−7.9%
Gross margin3.9%15.8%16.2%
Revenue per employee£83.4k£109k£111k
Profit per employee−£5.4k£1.1k−£8.7k
Growth (year on year)
Revenue growth—▲41.8%▼1.8%
Profit growth——▼863.6%
Headcount growth—▲8.2%▼2.8%
Balance sheet — indirect signals, not revenue
Cash at bank£486k£160k£246k
Net assets£4.2m£4.3m£3.4m
Fixed assets£2.3m£2.5m£2.5m
Current assets£9.6m£10.6m£7.4m
Debtors£2.4m£3.3m£2.9m
Deferred income£519k£560k£413k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024FullAccounts · bulk data May 2025
Derived from the latest filing

How the business works

Profit margin
−7.9%
Profit ÷ revenue.
Gross margin
16.2%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£111k
Revenue ÷ average employees.
Profit per employee
−£8.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
22.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
25.6%
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
▼21%
Now £3.4m
Cash at bank
▲54%
Now £246k
Headcount
▼3%
Now 103
Deferred income
▼26%
Now £413k
Fixed assets
▲2%
Now £2.5m

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

  1. Smiths Group PLCultimate parent75–100%
  2. Smiths Group International Holdings Limited75–100%
  3. Flex-Tek Group Limited75–100%
  4. Amnitec 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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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit −£901k), from the Companies House accounts bulk data published May 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.