Steelmasters Limited
Registered name: STEELMASTERS LIMITED
Part of S.C.W.S. (Holdings) Limited groupSteelmasters Limited made £449k revenue and a £36.4k loss in the year to 31 Mar 2025.
Steelmasters Limited’s revenue fell 25% to £449k in the year to 31 Mar 2025, with a loss of £36.4k and 3 employees. The company is classified under “wholesale of metals and metal ores” and is based in Dereham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Dereham, East of England
- Age
- 41 yrs · since 1985
- 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 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £598k | £449k |
| Cost of sales | — | £455k | £394k |
| Gross profit | — | £143k | £55.1k |
| Operating profit | — | £717 | −£36.2k |
| Profit after tax | — | £637 | −£36.4k |
| Profit (best available) | — | £637 | −£36.4k |
| Employees (average) | 4 | 4 | 3 |
| Ratios | |||
| Profit margin | — | 0.1% | −8.1% |
| Gross margin | — | 24% | 12.3% |
| Revenue per employee | — | £150k | £150k |
| Profit per employee | — | £159 | −£12.1k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼24.9% |
| Profit growth | — | — | ▼5807% |
| Headcount growth | — | 0% | ▼25% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10.2k | £9.7k | £2.6k |
| Net assets | £548k | £548k | £512k |
| Current assets | £680k | £679k | £521k |
| Debtors | £68.8k | £39.2k | £518k |
| Deferred income | £12.2k | £10.5k | £8.7k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −8.1%
- Profit ÷ revenue.
- Gross margin
- 12.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £150k
- Revenue ÷ average employees.
- Profit per employee
- −£12.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 115.3%
- 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 £512k
- Cash at bank
- ▼74%
- Now £2.6k
- Headcount
- ▼25%
- Now 3
- Deferred income
- ▼17%
- Now £8.7k
- Fixed assets
- —
- Now —
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
- S.C.W.S. (Holdings) Limitedultimate parent75–100%
- S.C.W.S. Limited75–100%
- Steelmasters Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Anglian Erection Services LimitedRev. £1.2m · Profit £10.1k
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 −£36.4k), from the Companies House accounts bulk data published Oct 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.