How much does Ellis Steel Group Limited make?

Ellis Steel Group Limited reported revenue of £12m and a loss of £925k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Ellis Steel Group Limited have?

Ellis Steel Group Limited reported an average of 64 employees in the year to 31 Dec 2025.

Is Ellis Steel Group Limited profitable?

No — Ellis Steel Group Limited reported a loss of £925k in the year to 31 Dec 2025.

Company No. 00979006 · Incorporated 7 May 1970

Ellis Steel Group Limited

Registered name: ELLIS STEEL GROUP LIMITED

Part of Dyfed Steels Limited group

Ellis Steel Group Limited made £12m revenue and a £925k loss in the year to 31 Dec 2025.

Ellis Steel Group Limited’s revenue fell 11% to £12m in the year to 31 Dec 2025, with a loss of £925k and 64 employees. The company is classified under “wholesale of metals and metal ores” and is based in Llanelli; we hold 4 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: Llanelli, Wales
Age: 56 yrs · since 1970
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 Dec 2025

Key figures

Revenue

£12m

Growth ▼10.5%

Profit

−£925k

Growth —

Profit margin

−7.7%

Gross 19.3%

Employees

Change ▼9.9%

Profit / employee

−£14.4k

Revenue/employee £188k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23m	£16.3m	£13.4m	£12m
Cost of sales	£16.5m	£12.8m	£10.7m	£9.7m
Gross profit	£6.5m	£3.6m	£2.8m	£2.3m
Operating profit	£2.8m	−£25.6k	−£559k	−£1.3m
Profit before tax	£2.8m	£111k	−£405k	−£1.2m
Profit after tax	£2.3m	£131k	−£331k	−£925k
Profit (best available)	£2.3m	£131k	−£331k	−£925k
Staff costs	£2.7m	£2.6m	£2.4m	£2.3m
Employees (average)	75	75	71	64
Ratios
Profit margin	10%	0.8%	−2.5%	−7.7%
Gross margin	28.3%	21.8%	20.5%	19.3%
Revenue per employee	£306k	£218k	£189k	£188k
Profit per employee	£30.7k	£1.7k	−£4.7k	−£14.4k
Growth (year on year)
Revenue growth	—	▼28.9%	▼17.9%	▼10.5%
Profit growth	—	▼94.3%	▼353.6%	—
Headcount growth	—	0%	▼5.3%	▼9.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.2m	£5.9m	£5.2m	£884k
Net assets	£10.3m	£10.3m	£10m	£8.9m
Fixed assets	£2.5m	£3.2m	£3.3m	£3.4m
Current assets	£13.2m	£10.9m	£10.3m	£8.4m
Debtors	£2.7m	£2.3m	£2.2m	£1.5m
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −7.7%; Profit ÷ revenue.
Gross margin: 19.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £188k; Revenue ÷ average employees.
Profit per employee: −£14.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 28.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.6%; 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: ▼11%; Now £8.9m
Cash at bank: ▼83%; Now £884k
Headcount: ▼10%; Now 64
Deferred income: —; Now —
Fixed assets: ▲2%; Now £3.4m

Corporate ownership

Group structure

Ownership chain

Dyfed Steels Limitedultimate parent75–100%
Ellis Steel Group Limitedthis company

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

Subsidiaries (2)

Broomco 102 LimitedFigures not disclosed
Ellis Steel Stockholders 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 Dec 2025 (profit −£925k), from the Companies House accounts bulk data published Sep 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.