Mastermelt Limited
Registered name: MASTERMELT LIMITED
Part of Mastermelt Holdings Ltd groupMastermelt Limited made £4.9m profit in the year to 29 Aug 2025 (revenue not disclosed).
Mastermelt Limited reported £4.9m profit in the year to 29 Aug 2025, up 13% on the year before; its revenue was not disclosed. It had 50 employees. The company is classified under “precious metals production” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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. From the filing: “The ultimate parent undertaking is Mastermelt Holdings Limited,”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 26 Aug 2022 | 25 Aug 2023 | 30 Aug 2024 | 29 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only | Profit only |
| Profit & loss | ||||
| Revenue (turnover) | — | — | — | — |
| Cost of sales | £75m | £53.9m | £78.1m | — |
| Profit before tax | £9.5m | £3.4m | £5.1m | £6.2m |
| Profit after tax | £8m | £3.2m | £4.3m | £4.9m |
| Profit (best available) | £8m | £3.2m | £4.3m | £4.9m |
| Staff costs | £17m | £5.8m | £7.6m | £6.8m |
| Employees (average) | 42 | 46 | 47 | 50 |
| Ratios | ||||
| Profit margin | — | — | — | — |
| Profit per employee | £190k | £68.8k | £92.1k | £97.9k |
| Growth (year on year) | ||||
| Profit growth | — | ▼60.4% | ▲36.7% | ▲13.1% |
| Headcount growth | — | ▲9.5% | ▲2.2% | ▲6.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.5m | £6m | £10.4m | £12.8m |
| Net assets | £26.8m | £26.2m | £27.3m | £30.5m |
| Fixed assets | £6.8m | £6.7m | £6.8m | £6.5m |
| Current assets | £41.5m | £38.6m | £34.4m | £40.9m |
| Debtors | £1.7m | £1.4m | £2.2m | £1.2m |
| Deferred income | £2.8m | £2.2m | £3.2m | £3.5m |
| Cash from operations | −£3.2m | £881k | — | −£5.7m |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £97.9k
- 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
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲12%
- Now £30.5m
- Cash at bank
- ▲24%
- Now £12.8m
- Headcount
- ▲6%
- Now 50
- Deferred income
- ▲8%
- Now £3.5m
- Fixed assets
- ▼5%
- Now £6.5m
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
- Mastermelt Holdings Ltdultimate parent75–100%
- Mastermelt Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Iex Technologies LtdFigures not disclosed
Sister companies (2)
- Presman (Bullion) LimitedRev. £157m · Profit £1.4m
- Mastermelt Refining Services LimitedRev. £7.9m · Profit £1.6m
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 29 Aug 2025 (profit £4.9m), from the Companies House accounts bulk data published Mar 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.