How much does F.C. Brown (Steel Equipment) Limited make?

F.C. Brown (Steel Equipment) Limited reported revenue of £36.8m and a loss of £1.6m in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does F.C. Brown (Steel Equipment) Limited have?

F.C. Brown (Steel Equipment) Limited reported an average of 335 employees in the year to 31 Jul 2025.

Is F.C. Brown (Steel Equipment) Limited profitable?

No — F.C. Brown (Steel Equipment) Limited reported a loss of £1.6m in the year to 31 Jul 2025.

Company No. 00693397 · Incorporated 23 May 1961

F.C. Brown (Steel Equipment) Limited

Registered name: F.C. BROWN (STEEL EQUIPMENT) LIMITED

Part of Bisley Office Equipment Limited group

F.C. Brown (Steel Equipment) Limited made £36.8m revenue and a £1.6m loss in the year to 31 Jul 2025. read from filing text

F.C. Brown (Steel Equipment) Limited’s revenue fell 14% to £36.8m in the year to 31 Jul 2025, with a loss of £1.6m and 335 employees. The company is classified under “manufacture of office and shop furniture” and is based in Newport; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 31010Manufacture of office and shop furniture SIC 31090Manufacture of other furniture

Status: Active
Location: Newport, Wales
Age: 65 yrs · since 1961
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: “The immediate and ultimate parent company is Bisley Office Equipment Limited, a company incorporated in England and Wales. Bisley Office Equipment Limited is the parent of the smallest and largest gro”

Latest accounts · year to 31 Jul 2025

Key figures

Capital-light

Revenue

£36.8m

Growth ▼14%

Profit

−£1.6m

Growth ▼213.4%

Profit margin

−4.4%

Gross 18.4%

Employees

335

Change ▼8.7%

Profit / employee

−£4.8k

Revenue/employee £110k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Profit only	Profit only	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£42.8m	£36.8m
Cost of sales	£42.5m	£43.6m	£35.1m	£30m
Gross profit	—	—	£7.7m	£6.8m
Operating profit	—	—	£1.1m	−£1.7m
Profit before tax	£437k	−£5.9m	£1.6m	−£1.6m
Profit after tax	£1.4m	−£4.4m	£1.4m	−£1.6m
Profit (best available)	£1.4m	−£4.4m	£1.4m	−£1.6m
Staff costs	£15.5m	£15.5m	£15.5m	£13.4m
Employees (average)	412	394	367	335
Ratios
Profit margin	—	—	3.3%	−4.4%
Gross margin	—	—	18%	18.4%
Revenue per employee	—	—	£117k	£110k
Profit per employee	£3.3k	−£11.2k	£3.9k	−£4.8k
Growth (year on year)
Revenue growth	—	—	—	▼14%
Profit growth	—	▼424.1%	—	▼213.4%
Headcount growth	—	▼4.4%	▼6.9%	▼8.7%
Balance sheet — indirect signals, not revenue
Cash at bank	£7.8m	£4.9m	£7.5m	£5.7m
Net assets	£19.6m	£26.5m	£27m	£25.4m
Fixed assets	£18.7m	£17.4m	£13.4m	£3.5m
Current assets	£30.5m	£24.6m	£25.5m	£30.8m
Debtors	£7.1m	£6m	£5.3m	£3.5m
Deferred income	£1.5m	£5.4m	£3m	£2m
Source	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Apr 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Apr 2026

Derived from the latest filing

How the business works

Profit margin: −4.4%; Profit ÷ revenue.
Gross margin: 18.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £110k; Revenue ÷ average employees.
Profit per employee: −£4.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.5%; 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: 9.4%; 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: ▼6%; Now £25.4m
Cash at bank: ▼24%; Now £5.7m
Headcount: ▼9%; Now 335
Deferred income: ▼32%; Now £2m
Fixed assets: ▼74%; Now £3.5m

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

Bisley Office Equipment Limitedultimate parent75–100%
F.C. Brown (Steel Equipment) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Bisley Direct LimitedFigures not disclosed

Sister companies (1)

Human Space Furniture LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£1.6m), from the Companies House accounts bulk data published Apr 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.