How much does Morecambe Metals Limited make?

Morecambe Metals Limited reported revenue of £15.3m and £223k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Morecambe Metals Limited have?

Morecambe Metals Limited reported an average of 22 employees in the year to 31 Mar 2025.

Is Morecambe Metals Limited profitable?

Yes — Morecambe Metals Limited reported a profit of £223k in the year to 31 Mar 2025.

Company No. 03332058 · Incorporated 12 Mar 1997

Morecambe Metals Limited

Registered name: MORECAMBE METALS LIMITED

Part of Morecambe Metals (Holdings) Limited group

Morecambe Metals Limited made £15.3m revenue and £223k profit in the year to 31 Mar 2025. read from filing text

Morecambe Metals Limited’s revenue grew 4% to £15.3m in the year to 31 Mar 2025, with £223k profit and 22 employees. The company is classified under “wholesale of waste and scrap” and is based in Morecambe; 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: Morecambe, North West
Age: 29 yrs · since 1997
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 smallest group of which the company is a member for which consolidated financial statements are prepared is that headed by Morecambe Metals (Holdings) Limited, whose registered office is Northgate”

Latest accounts · year to 31 Mar 2025

Key figures

Operating leverageDoing more with less

Revenue

£15.3m

Growth ▲4.4%

Profit

£223k

Growth ▲83.6%

Profit margin

1.5%

Gross 12.1%

Employees

Change ▼12%

Profit / employee

£10.1k

Revenue/employee £693k

Profitable streak

2yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£14.6m	£15.3m
Cost of sales	—	—	£12.8m	£13.4m
Gross profit	—	—	£1.8m	£1.8m
Operating profit	—	—	£322k	£413k
Profit before tax	—	—	£314k	£369k
Profit after tax	—	—	£121k	£223k
Profit (best available)	—	—	£121k	£223k
Staff costs	—	—	£1.1m	£975k
Employees (average)	25	25	25	22
Ratios
Profit margin	—	—	0.8%	1.5%
Gross margin	—	—	12.3%	12.1%
Revenue per employee	—	—	£584k	£693k
Profit per employee	—	—	£4.9k	£10.1k
Growth (year on year)
Revenue growth	—	—	—	▲4.4%
Profit growth	—	—	—	▲83.6%
Headcount growth	—	0%	0%	▼12%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£722k	£458k	£0
Net assets	£2.6m	£2.1m	£2.2m	£2.4m
Fixed assets	£2.2m	£1.7m	£3.5m	£3.1m
Current assets	£3.8m	£2.7m	£1.9m	£2.7m
Debtors	£986k	£361k	£567k	£715k
Deferred income	—	—	£29.1k	£23.9k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.5%; Profit ÷ revenue.
Gross margin: 12.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £693k; Revenue ÷ average employees.
Profit per employee: £10.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.5%; 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: 4.7%; 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: ▲10%; Now £2.4m
Cash at bank: ▼100%; Now £0
Headcount: ▼12%; Now 22
Deferred income: ▼18%; Now £23.9k
Fixed assets: ▼10%; Now £3.1m

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

Morecambe Metals (Holdings) Limitedultimate parent75–100%
Morecambe Metals Limitedthis company

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

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 Mar 2025 (profit £223k), from the Companies House accounts bulk data published Dec 2025. 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.