How much does Presman (Bullion) Limited make?

Presman (Bullion) Limited reported revenue of £157m and £1.4m profit in the year to 29 Aug 2025, according to its accounts filed at Companies House.

How many employees does Presman (Bullion) Limited have?

Presman (Bullion) Limited reported an average of 8 employees in the year to 29 Aug 2025.

Is Presman (Bullion) Limited profitable?

Yes — Presman (Bullion) Limited reported a profit of £1.4m in the year to 29 Aug 2025.

Company No. 02822939 · Incorporated 1 Jun 1993

Presman (Bullion) Limited

Registered name: PRESMAN (BULLION) LIMITED

Part of Mastermelt Holdings Ltd group

Presman (Bullion) Limited made £157m revenue and £1.4m profit in the year to 29 Aug 2025. read from filing text

Presman (Bullion) Limited’s revenue grew 36% to £157m in the year to 29 Aug 2025, with £1.4m profit and 8 employees. The company is classified under “wholesale of waste and scrap” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46770Wholesale of waste and scrap

Status: Active
Location: London, London
Age: 33 yrs · since 1993
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. From the filing: “The ultimate parent undertaking is Mastermelt Holdings Limited,”

Latest accounts · year to 29 Aug 2025

Key figures

Small teamCapital-lightCash flow filed

Revenue

£157m

Growth ▲36.3%

Profit

£1.4m

Growth ▲33.1%

Profit margin

0.9%

Gross 2.3%

Employees

Change ▲14.3%

Profit / employee

£173k

Revenue/employee £19.6m

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	26 Aug 2022	25 Aug 2023	30 Aug 2024	29 Aug 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£73.8m	£86.2m	£115m	£157m
Cost of sales	£71.4m	£84.5m	£112m	£153m
Gross profit	£2.4m	£1.7m	£2.8m	£3.5m
Operating profit	£1.4m	£637k	£1.4m	£1.9m
Profit before tax	£1.3m	£558k	£1.4m	£1.8m
Profit after tax	£1m	£441k	£1m	£1.4m
Profit (best available)	£1m	£441k	£1m	£1.4m
Staff costs	£461k	£437k	£495k	£540k
Employees (average)	8	7	7	8
Ratios
Profit margin	1.4%	0.5%	0.9%	0.9%
Gross margin	3.2%	1.9%	2.4%	2.3%
Revenue per employee	£9.2m	£12.3m	£16.4m	£19.6m
Profit per employee	£128k	£63k	£148k	£173k
Cash conversion	−13.1%	−34%	−247.4%	135.2%
Growth (year on year)
Revenue growth	—	▲16.7%	▲33.3%	▲36.3%
Profit growth	—	▼56.8%	▲135.5%	▲33.1%
Headcount growth	—	▼12.5%	0%	▲14.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.3m	£760k	£3.5m	£480k
Net assets	£6.7m	£6.7m	£7.1m	£8m
Fixed assets	£62.8k	£51.5k	£42.4k	£55k
Current assets	£7.4m	£7.7m	£7.8m	£8.8m
Debtors	£1.3m	£18.3k	£18.2k	£17k
Deferred income	£333k	£196k	£227k	£255k
Cash from operations	−£179k	−£217k	−£3.5m	£2.5m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Mar 2026

Derived from the latest filing

How the business works

Profit margin: 0.9%; Profit ÷ revenue.
Gross margin: 2.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £19.6m; Revenue ÷ average employees.
Profit per employee: £173k; Profit ÷ average employees.
Cash conversion: 135.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: ▲12%; Now £8m
Cash at bank: ▼86%; Now £480k
Headcount: ▲14%; Now 8
Deferred income: ▲12%; Now £255k
Fixed assets: ▲30%; Now £55k

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

Corporate ownership

Group structure

Ownership chain

Mastermelt Holdings Ltdultimate parent75–100%
Presman (Bullion) Limitedthis company

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

Sister companies (2)

Mastermelt Refining Services LimitedRev. £7.9m · Profit £1.6m
Mastermelt LimitedRev. — · Profit £4.9m

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 29 Aug 2025 (profit £1.4m), from the Companies House accounts bulk data published Mar 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.