Propak Sheet Metal Limited
Registered name: PROPAK SHEET METAL LIMITED
Part of Propak Group Holdings Limited groupPropak Sheet Metal Limited made £12m revenue and £2.3m profit in the year to 31 Aug 2025.
Propak Sheet Metal Limited’s revenue grew 1% to £12m in the year to 31 Aug 2025, with £2.3m profit and 96 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Stevenage; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Stevenage, East of England
- Age
- 49 yrs · since 1977
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.2m | £12.4m | £11.8m | £12m |
| Cost of sales | £6.3m | £7.3m | £7.2m | £7.1m |
| Gross profit | £3.9m | £5.1m | £4.7m | £4.9m |
| Operating profit | £1.1m | £2.6m | £2.4m | — |
| Profit before tax | £1.1m | £2.6m | £2.4m | £2.9m |
| Profit after tax | £1.1m | £2m | £1.8m | £2.3m |
| Profit (best available) | £1.1m | £2m | £1.8m | £2.3m |
| Staff costs | £5.6m | £5.3m | £4.9m | £4.7m |
| Employees (average) | 94 | 96 | 93 | 96 |
| Ratios | ||||
| Profit margin | 10.9% | 16.1% | 15.4% | 18.8% |
| Gross margin | 38.2% | 41.4% | 39.3% | 40.6% |
| Revenue per employee | £109k | £129k | £127k | £125k |
| Profit per employee | £11.8k | £20.7k | £19.6k | £23.4k |
| Cash conversion | 97.7% | 68.3% | 107.2% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲21.4% | ▼4.5% | ▲1.2% |
| Profit growth | — | ▲78.7% | ▼8.5% | ▲23.6% |
| Headcount growth | — | ▲2.1% | ▼3.1% | ▲3.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.8m | £5.2m | £2.1m | £2m |
| Net assets | £5.9m | £7.6m | £4.2m | £3.4m |
| Fixed assets | £403k | £1.3m | £1.5m | £1.3m |
| Current assets | £8.1m | £9m | £6m | £5.1m |
| Debtors | £1.3m | £1.5m | £1.9m | £1.1m |
| Deferred income | £159k | £159k | £159k | — |
| Cash from operations | £1.1m | £1.7m | £2.6m | −£4.2m |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 18.8%
- Profit ÷ revenue.
- Gross margin
- 40.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £125k
- Revenue ÷ average employees.
- Profit per employee
- £23.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.2%
- 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
- ▼20%
- Now £3.4m
- Cash at bank
- ▼6%
- Now £2m
- Headcount
- ▲3%
- Now 96
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £1.3m
Group structure
Ownership chain
- Propak Group Holdings Limitedultimate parent75–100%
- Propak Sheet Metal Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2.3m), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.