Sheffield Refractories Limited
Registered name: SHEFFIELD REFRACTORIES LIMITED
Part of Ifgl Worldwide Holdings Limited groupSheffield Refractories Limited made £18.7m revenue and £540k profit in the year to 31 Mar 2026.
Sheffield Refractories Limited’s revenue grew 7% to £18.7m in the year to 31 Mar 2026, with £540k profit and 57 employees. The company is classified under “manufacture of refractory products” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 50 yrs · since 1976
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.5m | £18.7m | £17.5m | £18.7m |
| Cost of sales | £7.3m | £14.5m | £13.4m | £14.2m |
| Gross profit | £2.2m | £4.2m | £4.1m | £4.6m |
| Operating profit | £364k | £660k | £374k | £650k |
| Profit before tax | £245k | £435k | £219k | £519k |
| Profit after tax | £245k | £435k | £217k | £540k |
| Profit (best available) | £245k | £435k | £217k | £540k |
| Staff costs | £1.3m | £2.8m | £3m | £3.2m |
| Employees (average) | 60 | 57 | 57 | 57 |
| Ratios | ||||
| Profit margin | 2.6% | 2.3% | 1.2% | 2.9% |
| Gross margin | 23.3% | 22.7% | 23.4% | 24.3% |
| Revenue per employee | £158k | £328k | £306k | £329k |
| Profit per employee | £4.1k | £7.6k | £3.8k | £9.5k |
| Cash conversion | −160.6% | −88.5% | −51.6% | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼6.6% | ▲7.3% |
| Profit growth | — | — | ▼50.2% | ▲148.8% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £263k | £397k | £167k | £146k |
| Net assets | £2.9m | £3.4m | £3.6m | £4.1m |
| Fixed assets | £1.8m | £1.9m | £1.9m | £2.3m |
| Current assets | £6.8m | £6.5m | £7.2m | £6.5m |
| Debtors | £4m | £3.4m | £4.3m | £3.8m |
| Deferred income | — | — | £571k | £59.1k |
| Cash from operations | −£584k | −£584k | −£193k | — |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 24.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £329k
- Revenue ÷ average employees.
- Profit per employee
- £9.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 20.4%
- 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
- ▲15%
- Now £4.1m
- Cash at bank
- ▼13%
- Now £146k
- Headcount
- 0%
- Now 57
- Deferred income
- ▼90%
- Now £59.1k
- Fixed assets
- ▲18%
- Now £2.3m
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 Limited75–100%
- Sheffield Refractories Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- 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 2026 (profit £540k), from the Companies House accounts bulk data published Jun 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.