Siderise (Holdings) Limited
Registered name: SIDERISE (HOLDINGS) LIMITED
Part of Obice Topco Limited groupSiderise (Holdings) Limited made £3.2m revenue and £83k profit in the year to 31 Dec 2025. read from filing text
Siderise (Holdings) Limited’s revenue grew 38% to £3.2m in the year to 31 Dec 2025, with £83k profit and 19 employees. The company is classified under “activities of head offices” and is based in Maesteg; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Maesteg, Wales
- Age
- 37 yrs · since 1989
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 company at the year end was Obice Topco Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | £2.1m | £2.3m | £3.2m |
| Operating profit | — | −£160k | −£111k | £129k |
| Profit before tax | −£201k | −£157k | −£111k | £129k |
| Profit after tax | −£183k | −£196k | −£106k | £83k |
| Profit (best available) | −£183k | −£196k | −£106k | £83k |
| Staff costs | £1.1m | £1.8m | £1.8m | £2.3m |
| Employees (average) | 12 | 14 | 15 | 19 |
| Ratios | ||||
| Profit margin | — | −9.2% | −4.6% | 2.6% |
| Revenue per employee | — | £153k | £154k | £168k |
| Profit per employee | −£15.3k | −£14k | −£7.1k | £4.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲8.3% | ▲38.1% |
| Headcount growth | — | ▲16.7% | ▲7.1% | ▲26.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £117k | £6.6k | £78k | £0 |
| Net assets | £45m | £56.2m | £65.3m | £60.4m |
| Fixed assets | £38.8m | £50.1m | £61.2m | £61.3m |
| Current assets | £12.3m | £12.8m | £13.8m | £12.3m |
| Debtors | £12.2m | £12.8m | £13.7m | £12.3m |
| Deferred income | £176k | £215k | £319k | £238k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 2.6%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £168k
- Revenue ÷ average employees.
- Profit per employee
- £4.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1917%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 383.7%
- 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
- ▼8%
- Now £60.4m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- ▲27%
- Now 19
- Deferred income
- ▼25%
- Now £238k
- Fixed assets
- ▲0%
- Now £61.3m
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
- Obice Topco Limitedultimate parent75–100%
- Obice Midco Limited75–100%
- Obice Bidco Limited75–100%
- Siderise Group Limited75–100%
- Siderise (Holdings) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (4)
- Siderise Insulation LimitedRev. £45.7m · Profit £5m
- Lamatherm Products LimitedFigures not disclosed
- Siderise (Special Products) LimitedFigures not disclosed
- Siderise LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £83k), from the Companies House accounts bulk data published Aug 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.