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Company No. 02867001 · Incorporated 28 Oct 1993

Alchemy Metals Limited

Registered name: ALCHEMY METALS LIMITED

Part of Alchemy Metals Group Limited group

Alchemy Metals Limited made £21.5m revenue and £1.2m profit in the year to 31 Oct 2025.

Alchemy Metals Limited’s revenue fell 4% to £21.5m in the year to 31 Oct 2025, with £1.2m profit and 114 employees. The company is classified under “recovery of sorted materials” and is based in Stevenage; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials
Status
Active
Location
Stevenage, East of England
Age
32 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.

Latest accounts · year to 31 Oct 2025

Key figures

Boring industry
Revenue
£21.5m
Growth ▼4.3%
Profit
£1.2m
Growth ▼37.5%
Profit margin
5.8%
Gross 63.3%
Employees
114
Change ▲3.6%
Profit / employee
£10.9k
Revenue/employee £189k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£22.3m£22.5m£21.5m
Cost of sales£8.8m£8.7m£7.9m
Gross profit£13.5m£13.8m£13.7m
Operating profit£3.9m£2.5m£1.8m
Profit before tax£3.8m£2.5m£1.7m
Profit after tax£3.1m£2m£1.2m
Profit (best available)£3.1m£2m£1.2m
Staff costs£4.8m£5.3m£5.6m
Employees (average)101110114
Ratios
Profit margin13.8%8.8%5.8%
Gross margin60.5%61.2%63.3%
Revenue per employee£221k£205k£189k
Profit per employee£30.4k£18.1k£10.9k
Growth (year on year)
Revenue growth—▲1%▼4.3%
Profit growth—▼35.1%▼37.5%
Headcount growth—▲8.9%▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£6.8m£3.2m£2.1m
Net assets£8.5m£8.9m£8.2m
Fixed assets£3.8m£6.5m£6.9m
Current assets£14m£11.5m£10.3m
Debtors£2.5m£2.8m£2.6m
Deferred income£540k£448k£414k
SourceFullAccounts · bulk data May 2025FullAccounts · bulk data May 2025FullAccounts · bulk data May 2026
Derived from the latest filing

How the business works

Profit margin
5.8%
Profit ÷ revenue.
Gross margin
63.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£189k
Revenue ÷ average employees.
Profit per employee
£10.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
32.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.9%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
12%
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
▼8%
Now £8.2m
Cash at bank
▼35%
Now £2.1m
Headcount
▲4%
Now 114
Deferred income
▼8%
Now £414k
Fixed assets
▲7%
Now £6.9m

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

  1. Alchemy Metals Group Limitedultimate parent75–100%
  2. Alchemy 1234 Limited75–100%
  3. Alchemy Metals Limitedthis company

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

Sister companies (3)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £1.2m), from the Companies House accounts bulk data published May 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.