How many employees does Corrocoat Corrosioneering Limited have?

Corrocoat Corrosioneering Limited reported an average of 50 employees in the year to 30 Jun 2025.

Company No. 02229343 · Incorporated 10 Mar 1988

Corrocoat Corrosioneering Limited

Q: Is Corrocoat Corrosioneering Limited profitable?

No — Corrocoat Corrosioneering Limited reported a loss of £205k in the year to 30 Jun 2025.

Registered name: CORROCOAT CORROSIONEERING LIMITED

Part of Corrosioneering Group Limited group

Corrocoat Corrosioneering Limited made a £205k loss in the year to 30 Jun 2025 (revenue not disclosed).

Corrocoat Corrosioneering Limited reported a loss of £205k in the year to 30 Jun 2025; its revenue was not disclosed. It had 50 employees. The company is classified under “treatment and coating of metals”; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 25610Treatment and coating of metals SIC 33190Repair of other equipment SIC 71129Other engineering activities

Status: Active
Location: Yorkshire and The Humber
Age: 38 yrs · since 1988
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 company's ultimate controlling party is the estate of C J Watkinson by virtue of its majority shareholding in the company's ultimate parent company Corrosioneering Group Limited.”

Latest accounts · year to 30 Jun 2025

Key figures

Revenue

—

Not disclosed in filing

Profit

−£205k

Growth —

Profit margin

—

Employees

Change ▼9.1%

Profit / employee

−£4.1k

Profitable streak

0yrs

Consecutive profitable years in our data

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023	30 Jun 2024	30 Jun 2025
Disclosure	Profit only	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Profit after tax	−£351k	−£265k	−£385k	−£205k
Profit (best available)	−£351k	−£265k	−£385k	−£205k
Employees (average)	57	54	55	50
Ratios
Profit margin	—	—	—	—
Profit per employee	−£6.2k	−£4.9k	−£7k	−£4.1k
Growth (year on year)
Headcount growth	—	▼5.3%	▲1.8%	▼9.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£212k	£564k	£287k	£336k
Net assets	£443k	£178k	£293k	£88.2k
Fixed assets	£279k	£198k	£141k	£169k
Current assets	£1.5m	£1.9m	£1.2m	£1.3m
Debtors	£694k	£831k	£331k	£504k
Deferred income	£80.3k	£90.4k	£79.9k	£81.1k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Jun 2026

Derived from the latest filing

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: −£4.1k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼70%; Now £88.2k
Cash at bank: ▲17%; Now £336k
Headcount: ▼9%; Now 50
Deferred income: ▲1%; Now £81.1k
Fixed assets: ▲20%; Now £169k

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

Ownership chain

Corrosioneering Group Limitedultimate parent75–100%
Corrocoat Limited75–100%
Corrocoat Corrosioneering Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Corroserve LimitedFigures not disclosed

Sister companies (1)

Corrolabs LimitedFigures not disclosed

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 30 Jun 2025 (profit −£205k), from the Companies House accounts bulk data published Jun 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.