How much does Dyfed Steels Limited make?

Dyfed Steels Limited reported revenue of £64.8m and a loss of £160k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Dyfed Steels Limited have?

Dyfed Steels Limited reported an average of 262 employees in the year to 31 Dec 2025.

Is Dyfed Steels Limited profitable?

No — Dyfed Steels Limited reported a loss of £160k in the year to 31 Dec 2025.

Company No. 01287461 · Incorporated 23 Nov 1976

Dyfed Steels Limited

Registered name: DYFED STEELS LIMITED

Dyfed Steels Limited made £64.8m revenue and a £160k loss in the year to 31 Dec 2025. read from filing text

Dyfed Steels Limited’s revenue fell 7% to £64.8m in the year to 31 Dec 2025, with a loss of £160k and 262 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: 49 yrs · since 1976
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£64.8m

Growth ▼7.3%

Profit

−£160k

Growth —

Profit margin

−0.3%

Gross 29.8%

Employees

262

Change ▼3%

Profit / employee

−£612

Revenue/employee £247k

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&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)	£108m	£84.6m	£69.9m	£64.8m
Cost of sales	£77.5m	£64.3m	£51.2m	£45.5m
Gross profit	£30.3m	£20.3m	£18.7m	£19.3m
Operating profit	£11m	£1m	−£1m	−£453k
Profit before tax	£10.9m	£858k	−£1.2m	−£568k
Profit after tax	£8.9m	−£445k	−£1.2m	−£160k
Profit (best available)	£8.9m	−£445k	−£1.2m	−£160k
Employees (average)	256	266	270	262
Ratios
Profit margin	8.2%	−0.5%	−1.7%	−0.3%
Gross margin	28.1%	24%	26.8%	29.8%
Revenue per employee	£421k	£318k	£259k	£247k
Profit per employee	£34.6k	−£1.7k	−£4.3k	−£612
Growth (year on year)
Revenue growth	—	▼21.6%	▼17.4%	▼7.3%
Profit growth	—	▼105%	—	—
Headcount growth	—	▲3.9%	▲1.5%	▼3%
Balance sheet — indirect signals, not revenue
Cash at bank	£342k	£213k	£109k	£122k
Net assets	£29.4m	£29m	£27.9m	£29m
Fixed assets	£14.8m	£14.7m	£16.9m	£18.1m
Current assets	£39.9m	£39.1m	£30.2m	£29.5m
Debtors	£19.6m	£12.7m	£10.6m	£10.3m
Deferred income	£2.9m	£2.1m	£1.3m	£1.2m
Source	Accounts · bulk data Sep 2024	Accounts · 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: −0.3%; Profit ÷ revenue.
Gross margin: 29.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £247k; Revenue ÷ average employees.
Profit per employee: −£612; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 27.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.9%; 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 £29m
Cash at bank: ▲13%; Now £122k
Headcount: ▼3%; Now 262
Deferred income: ▼8%; Now £1.2m
Fixed assets: ▲7%; Now £18.1m

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

Subsidiaries (1)

Ellis Steel Group LimitedRev. £12m · Profit −£925k

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 −£160k), 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.