How much does Megasteel Ltd make?

Megasteel Ltd reported revenue of £11.4m and £728k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Megasteel Ltd have?

Megasteel Ltd reported an average of 4 employees in the year to 31 Oct 2025.

Is Megasteel Ltd profitable?

Yes — Megasteel Ltd reported a profit of £728k in the year to 31 Oct 2025.

Company No. 02665353 · Incorporated 22 Nov 1991

Megasteel Ltd

Registered name: MEGASTEEL LTD

Part of Capital27 Limited group

Megasteel Ltd made £11.4m revenue and £728k profit in the year to 31 Oct 2025.

Megasteel Ltd’s revenue fell 7% to £11.4m in the year to 31 Oct 2025, with £728k profit and 4 employees. The company is classified under “wholesale of metals and metal ores” and is based in Malmesbury; 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: Malmesbury, South West
Age: 34 yrs · since 1991
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.

Latest accounts · year to 31 Oct 2025

Key figures

Small team

Revenue

£11.4m

Growth ▼6.6%

Profit

£728k

Growth ▼34%

Profit margin

6.4%

Gross 17.3%

Employees

Change 0%

Profit / employee

£182k

Revenue/employee £2.8m

Profitable streak

3yrs

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 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	No P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£18.3m	£12.2m	£11.4m
Cost of sales	—	£14.3m	£9.9m	£9.4m
Gross profit	—	£4.1m	£2.2m	£2m
Operating profit	—	£3.2m	£1.3m	£825k
Profit before tax	—	£4.2m	£1.5m	£1m
Profit after tax	—	£3.5m	£1.1m	£728k
Profit (best available)	—	£3.5m	£1.1m	£728k
Staff costs	—	£259k	£232k	£363k
Employees (average)	46	48	4	4
Ratios
Profit margin	—	18.9%	9.1%	6.4%
Gross margin	—	22.3%	18.5%	17.3%
Revenue per employee	—	£382k	£3m	£2.8m
Profit per employee	—	£72.2k	£276k	£182k
Growth (year on year)
Revenue growth	—	—	▼33.7%	▼6.6%
Profit growth	—	—	▼68.2%	▼34%
Headcount growth	—	▲4.3%	▼91.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£8.5m	£4.7m	£6.6m	£5.1m
Net assets	£14.6m	£15m	£16.1m	£16.9m
Fixed assets	—	£7.9m	£5.2m	£5.1m
Current assets	£20.6m	£9.9m	£16.7m	£14.7m
Debtors	£3.8m	£1.7m	£2.1m	£1.8m
Deferred income	£0	£0	—	—
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 6.4%; Profit ÷ revenue.
Gross margin: 17.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £2.8m; Revenue ÷ average employees.
Profit per employee: £182k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 44.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.8%; 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: ▲5%; Now £16.9m
Cash at bank: ▼24%; Now £5.1m
Headcount: 0%; Now 4
Deferred income: —; Now —
Fixed assets: ▼1%; Now £5.1m

Corporate ownership

Group structure

Ownership chain

Capital27 Limitedultimate parent50–75%
Engineering Acquisitions Limited75–100%
Megasteel Ltdthis company

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

Sister companies (2)

Sweetnam & Bradley LimitedRev. £3.6m · Profit £222k
Megasteel Ropes LimitedRev. £1m · Profit £39.2k

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 31 Oct 2025 (profit £728k), from the Companies House accounts bulk data published Jul 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.