Stainless Steel Services Limited
Registered name: STAINLESS STEEL SERVICES LIMITED
Stainless Steel Services Limited made £11.1m revenue and £51.9k profit in the year to 31 Dec 2025.
Stainless Steel Services Limited’s revenue fell 5% to £11.1m in the year to 31 Dec 2025, with £51.9k profit and 27 employees. The company is classified under “non-specialised wholesale trade” and is based in Birmingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 31 yrs · since 1994
- 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 results of Stainless Steel Services Limited are included in the consolidated accounts prepared by the ultimate parent company. The contact address for the Irestal Group is Carretera Olesa A Martor”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.8m | £15.1m | £11.7m | £11.1m |
| Cost of sales | £16.4m | £12.4m | −£9.9m | −£9.3m |
| Gross profit | £3.4m | £2.7m | £1.8m | £1.8m |
| Operating profit | £786k | £360k | £176k | £180k |
| Profit before tax | £664k | £252k | £64.8k | £75k |
| Profit after tax | £535k | £190k | £47.2k | £51.9k |
| Profit (best available) | £535k | £190k | £47.2k | £51.9k |
| Staff costs | £1.1m | £1.1m | — | — |
| Employees (average) | 27 | 25 | 26 | 27 |
| Ratios | ||||
| Profit margin | 2.7% | 1.3% | 0.4% | 0.5% |
| Gross margin | 17.3% | 18.1% | 15% | 15.9% |
| Revenue per employee | £732k | £605k | £450k | £410k |
| Profit per employee | £19.8k | £7.6k | £1.8k | £1.9k |
| Cash conversion | −23.9% | −382.3% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼23.5% | ▼22.7% | ▼5.3% |
| Profit growth | — | ▼64.4% | ▼75.2% | ▲10% |
| Headcount growth | — | ▼7.4% | ▲4% | ▲3.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £770k | £1m | — | — |
| Net assets | £3.4m | £2.7m | — | — |
| Fixed assets | £83.3k | £57k | — | — |
| Current assets | £8.7m | £6.5m | — | — |
| Debtors | £3.8m | £2.3m | — | — |
| Deferred income | £340k | £218k | — | — |
| Cash from operations | −£188k | −£1.4m | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | Accounts · bulk data Apr 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.5%
- Profit ÷ revenue.
- Gross margin
- 15.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £410k
- Revenue ÷ average employees.
- Profit per employee
- £1.9k
- 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.
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
- ▲4%
- Now 27
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Chemical Corporation (U.K.) LimitedLlantarnam Industrial Park · Non-specialised wholesale trade
- Revenue
- £15.1m
- Profit
- £541k
- Staff
- 33
- Lagan Building Solutions LimitedNon-specialised wholesale trade
- Revenue
- £15.1m
- Profit
- £1.2m
- Staff
- 22
- Higson Edwards (Steelstock) LimitedMerseyside · Non-specialised wholesale trade
- Revenue
- £15.2m
- Profit
- £499k
- Staff
- 37
- MHH Contracting LimitedSheffield · Non-specialised wholesale trade
- Revenue
- £15.3m
- Profit
- £214k
- Staff
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- Beaphar UK LimitedHaverhill · Non-specialised wholesale trade
- Revenue
- £14.9m
- Profit
- £181k
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- Startin Tractors LimitedLichfield · Non-specialised wholesale trade
- Revenue
- £14.9m
- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £51.9k), from the Companies House accounts bulk data published Jul 2026. 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.