How much does Service Metals (Midlands) Limited make?

Service Metals (Midlands) Limited reported revenue of £18.4m and £113k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Service Metals (Midlands) Limited have?

Service Metals (Midlands) Limited reported an average of 50 employees in the year to 31 Dec 2025.

Is Service Metals (Midlands) Limited profitable?

Yes — Service Metals (Midlands) Limited reported a profit of £113k in the year to 31 Dec 2025.

Company No. 02107614 · Incorporated 9 Mar 1987

Service Metals (Midlands) Limited

Registered name: SERVICE METALS (MIDLANDS) LIMITED

Service Metals (Midlands) Limited made £18.4m revenue and £113k profit in the year to 31 Dec 2025. read from filing text

Service Metals (Midlands) Limited’s revenue fell 15% to £18.4m in the year to 31 Dec 2025, with £113k profit and 50 employees. The company is classified under “wholesale of metals and metal ores” and is based in Morley; we hold 3 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: Morley, Yorkshire and The Humber
Age: 39 yrs · since 1987
Type: Private Limited Company

Latest accounts · year to 31 Dec 2025

Key figures

Independent

Revenue

£18.4m

Growth ▼14.8%

Profit

£113k

Growth ▼78.2%

Profit margin

0.6%

Gross 22.9%

Employees

Change ▼3.9%

Profit / employee

£2.3k

Revenue/employee £367k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	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
Profit & loss
Revenue (turnover)	£24.8m	£21.5m	£18.4m
Cost of sales	£18.7m	£16.4m	£14.1m
Gross profit	£6.1m	£5.1m	£4.2m
Operating profit	£416k	£877k	£388k
Profit before tax	£416k	£724k	£267k
Profit after tax	£265k	£520k	£113k
Profit (best available)	£265k	£520k	£113k
Employees (average)	52	52	50
Ratios
Profit margin	1.1%	2.4%	0.6%
Gross margin	24.6%	23.7%	22.9%
Revenue per employee	£478k	£414k	£367k
Profit per employee	£5.1k	£10k	£2.3k
Growth (year on year)
Revenue growth	—	▼13.4%	▼14.8%
Profit growth	—	▲96.1%	▼78.2%
Headcount growth	—	0%	▼3.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7m	£1.2m	£297
Net assets	£2.7m	£3.2m	£3.3m
Fixed assets	£3.9m	£3.9m	£3.8m
Current assets	£10.2m	£7.9m	£6.4m
Debtors	£3.5m	£2.9m	£2.5m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.6%; Profit ÷ revenue.
Gross margin: 22.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £367k; Revenue ÷ average employees.
Profit per employee: £2.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.4%; 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 £3.3m
Cash at bank: ▼100%; Now £297
Headcount: ▼4%; Now 50
Deferred income: —; Now —
Fixed assets: ▼3%; Now £3.8m

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £113k), 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.