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Company No. 02484337 · Incorporated 22 Mar 1990

Wincro Metal Industries Limited

Registered name: WINCRO METAL INDUSTRIES LIMITED

Part of Wincro Group Holdings Ltd group

Wincro Metal Industries Limited made £10.6m revenue and £3.7m profit in the year to 31 Mar 2023.

Wincro Metal Industries Limited’s revenue grew 34% to £10.6m in the year to 31 Mar 2023, with £3.7m profit and 46 employees. The company is classified under “manufacture of other fabricated metal products”; we hold 2 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.
Status
Active
Location
Yorkshire and The Humber
Age
36 yrs · since 1990
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.

Latest accounts · year to 31 Mar 2023

Key figures

Capital-lightOperating leverage
Revenue
£10.6m
Growth ▲34.2%
Profit
£3.7m
Growth ▲77.6%
Profit margin
34.9%
Gross 61.5%
Employees
46
Change ▲9.5%
Profit / employee
£80.2k
Revenue/employee £229k
Profitable streak
2yrs
Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 2023
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£7.9m£10.6m
Cost of sales£3.1m£4.1m
Gross profit£4.8m£6.5m
Operating profit£2.5m£4.7m
Profit before tax£2.5m£4.5m
Profit after tax£2.1m£3.7m
Profit (best available)£2.1m£3.7m
Employees (average)4246
Ratios
Profit margin26.4%34.9%
Gross margin60.8%61.5%
Revenue per employee£187k£229k
Profit per employee£49.4k£80.2k
Growth (year on year)
Revenue growth—▲34.2%
Profit growth—▲77.6%
Headcount growth—▲9.5%
Balance sheet — indirect signals, not revenue
Cash at bank£6.6m£1.2m
Net assets£12m£8.1m
Fixed assets£676k£359k
Current assets£12.9m£9.9m
Debtors£1.2m£1.4m
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023
Derived from the latest filing

How the business works

Profit margin
34.9%
Profit ÷ revenue.
Gross margin
61.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£229k
Revenue ÷ average employees.
Profit per employee
£80.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
3.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12.9%
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
▼33%
Now £8.1m
Cash at bank
▼81%
Now £1.2m
Headcount
▲10%
Now 46
Deferred income
—
Now —
Fixed assets
▼47%
Now £359k
Corporate ownership

Group structure

Ownership chain

  1. Wincro Group Holdings Ltdultimate parent75–100%
  2. Wincro Holdings Limited75–100%
  3. Wincro Metal Industries Limitedthis company

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

Subsidiaries (6)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2023 (profit £3.7m), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.