Hambleton Steel Limited
Registered name: HAMBLETON STEEL LIMITED
Part of Catalyst Ventures Ltd groupHambleton Steel Limited made £19m revenue and a £323k loss in the year to 31 Dec 2025.
Hambleton Steel Limited’s revenue fell 27% to £19m in the year to 31 Dec 2025, with a loss of £323k and 52 employees. The company is classified under “construction of commercial buildings” and is based in Richmond; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Richmond, North East
- Age
- 31 yrs · since 1995
- 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.
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) | £13.5m | £25.9m | £25.8m | £19m |
| Cost of sales | £10.6m | £20.8m | £19.6m | £13.8m |
| Gross profit | £2.8m | £5.2m | £6.3m | £5.2m |
| Operating profit | £505k | £1.1m | £1.9m | −£236k |
| Profit before tax | £350k | £846k | £1.8m | −£380k |
| Profit after tax | £323k | £612k | £1.4m | −£323k |
| Profit (best available) | £323k | £612k | £1.4m | −£323k |
| Staff costs | £2.2m | £1.2m | £846k | £2.6m |
| Employees (average) | 45 | 28 | 20 | 52 |
| Ratios | ||||
| Profit margin | 2.4% | 2.4% | 5.5% | −1.7% |
| Gross margin | 21% | 19.9% | 24.2% | 27.3% |
| Revenue per employee | £300k | £927k | £1.3m | £365k |
| Profit per employee | £7.2k | £21.9k | £71k | −£6.2k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲92.5% | ▼0.5% | ▼26.5% |
| Profit growth | — | ▲89.4% | ▲131.7% | ▼122.7% |
| Headcount growth | — | ▼37.8% | ▼28.6% | ▲160% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £860k | £3.7m | £2.7m | £1.7m |
| Net assets | £3.5m | £4.1m | £5.5m | £4.9m |
| Fixed assets | £1m | £1.1m | £2.3m | £1.9m |
| Current assets | £5.9m | £12.3m | £11.1m | £6.5m |
| Debtors | £479k | £35.7k | £101k | £98k |
| Deferred income | £62.4k | £534k | £167k | £65k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −1.7%
- Profit ÷ revenue.
- Gross margin
- 27.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £365k
- Revenue ÷ average employees.
- Profit per employee
- −£6.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▼10%
- Now £4.9m
- Cash at bank
- ▼36%
- Now £1.7m
- Headcount
- ▲160%
- Now 52
- Deferred income
- ▼61%
- Now £65k
- Fixed assets
- ▼15%
- Now £1.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Catalyst Ventures Ltdultimate parent50–75%
- Embrace Steel Group Ltd75–100%
- Esg Bidco1 Ltd75–100%
- Hambleton Steel Group Ltd75–100%
- Hambleton Steel Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (3)
- Hambleton Steel (South) LimitedFigures not disclosed
- Hambleton Structures LimitedFigures not disclosed
- Sublet Fabrications LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- D & G Builders and Joiners LimitedLancashire · Construction of commercial buildings
- Revenue
- £19.1m
- Profit
- £1.4m
- Staff
- 50
- S.C.W.S. LimitedDereham · Construction of commercial buildings
- Revenue
- £19.2m
- Profit
- £139k
- Staff
- 75
- Tracey Brothers LimitedEnniskillen · Construction of commercial buildings
- Revenue
- £19.2m
- Profit
- £1.5m
- Staff
- 50
- Caice Acoustic Air Movement Ltd.Winnersh · Construction of commercial buildings
- Revenue
- £18.6m
- Profit
- £1m
- Staff
- 162
- Neville Special Projects LtdLuton · Construction of commercial buildings
- Revenue
- £18.5m
- Profit
- £143k
- Staff
- 54
- Willis Construction LimitedPenylan · Construction of commercial buildings
- Revenue
- £19.6m
- Profit
- £981k
- Staff
- 56
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£323k), from the Companies House accounts bulk data published Sep 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.