TW Metals Limited
Registered name: TW METALS LIMITED
TW Metals Limited made £178m revenue and £7.6m profit in the year to 31 Dec 2025.
TW Metals Limited’s revenue grew 1% to £178m in the year to 31 Dec 2025, with £7.6m profit. The company is classified under “wholesale of metals and metal ores” and is based in Nursling; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Nursling, South East
- Age
- 57 yrs · since 1969
- 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 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £152m | £176m | £178m |
| Cost of sales | −£114m | −£133m | −£134m |
| Gross profit | £37.6m | £43.1m | £43.4m |
| Operating profit | £12.2m | £14.8m | £11m |
| Profit before tax | £11.5m | £14.3m | £10.8m |
| Profit after tax | £9.1m | £11.2m | £7.6m |
| Profit (best available) | £9.1m | £11.2m | £7.6m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 6% | 6.3% | 4.3% |
| Gross margin | 24.7% | 24.5% | 24.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲15.8% | ▲1% |
| Profit growth | — | ▲22.8% | ▼31.5% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 4.3%
- Profit ÷ revenue.
- Gross margin
- 24.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- Locate Supplies LimitedFigures not disclosed
- Philip Cornes & Company LimitedFigures not disclosed
- The Philip Cornes Group Co. LimitedFigures not disclosed
- Tubesales (U.K.) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £7.6m), from the Companies House accounts bulk data published Jul 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.