How much does Galvanised Sheets & Coil Limited make?

Galvanised Sheets & Coil Limited reported revenue of £8.7m and a loss of £179k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Galvanised Sheets & Coil Limited have?

Galvanised Sheets & Coil Limited reported an average of 22 employees in the year to 31 Dec 2024.

Is Galvanised Sheets & Coil Limited profitable?

No — Galvanised Sheets & Coil Limited reported a loss of £179k in the year to 31 Dec 2024.

Company No. 01035162 · Incorporated 17 Dec 1971

Galvanised Sheets & Coil Limited

Registered name: GALVANISED SHEETS & COIL LIMITED

Part of European Steel Sheets Limited group

Galvanised Sheets & Coil Limited made £8.7m revenue and a £179k loss in the year to 31 Dec 2024.

Galvanised Sheets & Coil Limited’s revenue fell 27% to £8.7m in the year to 31 Dec 2024, with a loss of £179k and 22 employees. The company is classified under “wholesale of metals and metal ores” and is based in Birmingham; 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: Birmingham, West Midlands
Age: 54 yrs · since 1971
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 2024

Key figures

Capital-lightCash flow filed

Revenue

£8.7m

Growth ▼26.9%

Profit

−£179k

Growth ▼333.5%

Profit margin

−2.1%

Gross 16.6%

Employees

Change ▲4.8%

Profit / employee

−£8.1k

Revenue/employee £396k

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.2m	£11.9m	£8.7m
Cost of sales	£12.9m	£10.2m	£7.3m
Gross profit	£3.3m	£1.8m	£1.4m
Operating profit	£1.6m	£45.4k	−£253k
Profit before tax	£1.6m	£99.1k	−£200k
Profit after tax	£1.3m	£76.7k	−£179k
Profit (best available)	£1.3m	£76.7k	−£179k
Staff costs	£881k	£796k	£843k
Employees (average)	19	21	22
Ratios
Profit margin	8.2%	0.6%	−2.1%
Gross margin	20.3%	14.7%	16.6%
Revenue per employee	£853k	£567k	£396k
Profit per employee	£70.1k	£3.7k	−£8.1k
Cash conversion	−87.3%	−1818%	—
Growth (year on year)
Revenue growth	—	▼26.5%	▼26.9%
Profit growth	—	▼94.2%	▼333.5%
Headcount growth	—	▲10.5%	▲4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£4.2m	£1.7m
Net assets	£7.6m	£7.5m	£7.2m
Fixed assets	£86.1k	£69.6k	£97.5k
Current assets	£8.3m	£9.1m	£8.2m
Debtors	£2.8m	£2.2m	£2m
Deferred income	£15k	£24.7k	£19.4k
Cash from operations	−£1.4m	−£824k	£1.3m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −2.1%; Profit ÷ revenue.
Gross margin: 16.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £396k; Revenue ÷ average employees.
Profit per employee: −£8.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 22.5%; 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: ▼4%; Now £7.2m
Cash at bank: ▼58%; Now £1.7m
Headcount: ▲5%; Now 22
Deferred income: ▼22%; Now £19.4k
Fixed assets: ▲40%; Now £97.5k

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

European Steel Sheets Limitedultimate parent75–100%
Galvanised Sheets & Coil Limitedthis company

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

Sister companies (1)

Eurobetta Steels LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£179k), 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.