Monocon International Refractories Limited
Registered name: MONOCON INTERNATIONAL REFRACTORIES LIMITED
Part of Ifgl Worldwide Holdings Limited groupMonocon International Refractories Limited made £12.1m revenue and a £881k loss in the year to 31 Mar 2025. read from filing text
Monocon International Refractories Limited’s revenue fell 29% to £12.1m in the year to 31 Mar 2025, with a loss of £881k and 76 employees. The company is classified under “manufacture of refractory products” and is based in Doncaster; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Doncaster, Yorkshire and The Humber
- Age
- 52 yrs · since 1973
- 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 ultimate parent undertaking of the Company is IFGL Refractories Limited, a company registered in India.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £18.9m | £17.2m | £17.2m | £12.1m |
| Cost of sales | £13.2m | £11.8m | £10.7m | £7.7m |
| Gross profit | £5.8m | £5.5m | £6.5m | £4.4m |
| Operating profit | £569k | £197k | £617k | −£1.2m |
| Profit before tax | £574k | £1m | £864k | −£1.2m |
| Profit after tax | £432k | £1m | £655k | −£881k |
| Profit (best available) | £432k | £1m | £655k | −£881k |
| Staff costs | £3.2m | £3.3m | £3.6m | £3.5m |
| Employees (average) | 82 | 81 | 79 | 76 |
| Ratios | ||||
| Profit margin | 2.3% | 5.9% | 3.8% | −7.3% |
| Gross margin | 30.5% | 31.8% | 37.8% | 36.2% |
| Revenue per employee | £231k | £213k | £217k | £160k |
| Profit per employee | £5.3k | £12.5k | £8.3k | −£11.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.1% | ▼0.4% | ▼29.3% |
| Profit growth | — | ▲134.7% | ▼35.4% | ▼234.5% |
| Headcount growth | — | ▼1.2% | ▼2.5% | ▼3.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.1m | £30.5k | £279k | £338k |
| Net assets | £12.6m | £12.8m | £13m | £12.1m |
| Fixed assets | £9.2m | £15.4m | £11.6m | £11.6m |
| Current assets | £13.6m | £9.4m | £8.2m | £7.5m |
| Debtors | £4.6m | £5m | £3.8m | £2.9m |
| Deferred income | £2.5m | £2.1m | £1.8m | £1.4m |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- 36.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £160k
- Revenue ÷ average employees.
- Profit per employee
- −£11.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 95.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.7%
- 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
- ▼7%
- Now £12.1m
- Cash at bank
- ▲21%
- Now £338k
- Headcount
- ▼4%
- Now 76
- Deferred income
- ▼21%
- Now £1.4m
- Fixed assets
- ▼1%
- Now £11.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ifgl Worldwide Holdings Limited (registered outside the UK register)ultimate parent75–100%
- Ifgl Monocon Holdings Limited75–100%
- Monocon International Refractories Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Sheffield Refractories LimitedRev. £18.7m · Profit £540k
- Monocon Overseas LimitedRev. £0 · Profit £752k
- Goricon Metallurgical Services LimitedRev. — · Profit £16
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£881k), from the Companies House accounts bulk data published Dec 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.