How many employees does Swift Steel Services Limited have?

Swift Steel Services Limited reported an average of 0 employees in the year to 28 Feb 2025.

Is Swift Steel Services Limited profitable?

Yes — Swift Steel Services Limited reported a profit of £62.2k in the year to 28 Feb 2025.

Company No. 02500171 · Incorporated 9 May 1990

Swift Steel Services Limited

Registered name: SWIFT STEEL SERVICES LIMITED

Swift Steel Services Limited made £62.2k profit in the year to 28 Feb 2025 (revenue not disclosed).

Swift Steel Services Limited reported £62.2k profit in the year to 28 Feb 2025, down 51% on the year before; its revenue was not disclosed. It had 0 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Newport; we hold 4 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 24100Manufacture of basic iron and steel and of ferro-alloys

Status: Active
Location: Newport, Wales
Age: 36 yrs · since 1990
Type: Private Limited Company

Latest accounts · year to 28 Feb 2025

Key figures

IndependentSmall team

Revenue

—

Not disclosed in filing

Profit

£62.2k

Growth ▼50.7%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

3yrs

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	28 Feb 2022	28 Feb 2023	29 Feb 2024	28 Feb 2025
Disclosure	No P&L	Profit only	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—	—	—
Gross profit	—	£851k	£687k	£645k
Operating profit	—	£233k	£141k	£71.5k
Profit before tax	—	£210k	£126k	£62.2k
Profit (best available)	—	£210k	£126k	£62.2k
Employees (average)	0	0	0	0
Ratios
Profit margin	—	—	—	—
Growth (year on year)
Profit growth	—	—	▼39.9%	▼50.7%
Balance sheet — indirect signals, not revenue
Net assets	£947k	£1.1m	—	—
Fixed assets	£51.4k	£13k	£8.2k	£4.6k
Current assets	£1.6m	£1.5m	£1.6m	£1.6m
Debtors	—	£1.1m	£1.2m	£1.2m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	Abridged Financial Statements · bulk data Nov 2024	Abridged Financial Statements · bulk data Nov 2025

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: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: ▼44%; Now £4.6k

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from Abridged Financial Statements for the year to 28 Feb 2025 (profit £62.2k), from the Companies House accounts bulk data published Nov 2025. 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.