How much does Steelco (UK) Limited make?

Steelco (UK) Limited reported revenue of £23.7m and £502k profit in the year to 31 Jul 2025, according to its accounts filed at Companies House.

How many employees does Steelco (UK) Limited have?

Steelco (UK) Limited reported an average of 32 employees in the year to 31 Jul 2025.

Is Steelco (UK) Limited profitable?

Yes — Steelco (UK) Limited reported a profit of £502k in the year to 31 Jul 2025.

Company No. 02319502 · Incorporated 18 Nov 1988

Steelco (UK) Limited

Registered name: STEELCO (UK) LIMITED

Steelco (UK) Limited made £23.7m revenue and £502k profit in the year to 31 Jul 2025. read from filing text

Steelco (UK) Limited’s revenue fell 6% to £23.7m in the year to 31 Jul 2025, with £502k profit and 32 employees. The company is classified under “wholesale of metals and metal ores” and is based in Hastings; we hold 4 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: Hastings, South East
Age: 37 yrs · since 1988
Type: Private Limited Company

Latest accounts · year to 31 Jul 2025

Key figures

Independent

Revenue

£23.7m

Growth ▼6%

Profit

£502k

Growth ▼32.2%

Profit margin

2.1%

Gross 11.5%

Employees

Change ▲10.3%

Profit / employee

£15.7k

Revenue/employee £741k

Profitable streak

4yrs

Consecutive profitable years in our data

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	31 Jul 2022	31 Jul 2023	31 Jul 2024	31 Jul 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£36.7m	£29.2m	£25.2m	£23.7m
Cost of sales	£26.1m	£25.3m	£22.1m	£21m
Gross profit	£10.6m	£3.8m	£3.2m	£2.7m
Operating profit	£8.2m	£1.5m	£1m	£694k
Profit before tax	£8.1m	£1.5m	£988k	£670k
Profit after tax	£6.6m	£1.1m	£741k	£502k
Profit (best available)	£6.6m	£1.1m	£741k	£502k
Staff costs	£2m	£1.9m	£1.7m	£1.7m
Employees (average)	29	29	29	32
Ratios
Profit margin	18%	3.8%	2.9%	2.1%
Gross margin	29%	13.2%	12.6%	11.5%
Revenue per employee	£1.3m	£1m	£870k	£741k
Profit per employee	£228k	£38.2k	£25.6k	£15.7k
Cash conversion	−57.4%	−133.8%	−294.6%	—
Growth (year on year)
Revenue growth	—	▼20.5%	▼13.5%	▼6%
Profit growth	—	▼83.2%	▼33.2%	▼32.2%
Headcount growth	—	0%	0%	▲10.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2k	£664	£1	£0
Net assets	£11.8m	£12.4m	£12.6m	£12.8m
Fixed assets	£3.6m	£3.7m	£1.5k	£3.6m
Current assets	£12.4m	£10.2m	£10.3m	£11.2m
Debtors	£9.6m	£8.1m	£6.1m	£6m
Deferred income	£35.5k	£41.2k	£318k	£651k
Cash from operations	−£4.7m	−£2m	−£3m	—
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 11.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £741k; Revenue ÷ average employees.
Profit per employee: £15.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 15.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 25.1%; 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: ▲2%; Now £12.8m
Cash at bank: ▼100%; Now £0
Headcount: ▲10%; Now 32
Deferred income: ▲105%; Now £651k
Fixed assets: ▲241005%; Now £3.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2025 (profit £502k), from the Companies House accounts bulk data published Jan 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.