How much does Acetech Metals Ltd make?

Acetech Metals Ltd reported revenue of £14.1m and £731k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Acetech Metals Ltd have?

Acetech Metals Ltd reported an average of 40 employees in the year to 31 Mar 2024.

Is Acetech Metals Ltd profitable?

Yes — Acetech Metals Ltd reported a profit of £731k in the year to 31 Mar 2024.

Company No. 03524563 · Incorporated 10 Mar 1998

Acetech Metals Ltd

Registered name: ACETECH METALS LTD

Part of Acetech Holdings Limited group

Acetech Metals Ltd made £14.1m revenue and £731k profit in the year to 31 Mar 2024.

Acetech Metals Ltd’s revenue grew 23% to £14.1m in the year to 31 Mar 2024, with £731k profit and 40 employees. The company is classified under “recovery of sorted materials” and is based in Ilkley; we hold 3 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials SIC 46770Wholesale of waste and scrap

Status: Liquidation
Location: Ilkley, Yorkshire and The Humber
Age: 28 yrs · since 1998
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 Mar 2024

Key figures

Boring industryCash flow filed

Revenue

£14.1m

Growth ▲23.4%

Profit

£731k

Growth ▼9.5%

Profit margin

5.2%

Gross 31.5%

Employees

Change ▲2.6%

Profit / employee

£18.3k

Revenue/employee £352k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£12.3m	£11.4m	£14.1m
Cost of sales	£6.5m	£7.1m	£9.6m
Gross profit	£5.8m	£4.3m	£4.4m
Operating profit	£2.7m	£1.2m	£1.1m
Profit before tax	£2.4m	£880k	£769k
Profit after tax	£2.2m	£808k	£731k
Profit (best available)	£2.2m	£808k	£731k
Staff costs	£1.5m	£1.6m	£1.7m
Employees (average)	—	39	40
Ratios
Profit margin	17.7%	7.1%	5.2%
Gross margin	47.1%	37.5%	31.5%
Revenue per employee	—	£293k	£352k
Profit per employee	—	£20.7k	£18.3k
Cash conversion	74.3%	96.5%	−2.7%
Growth (year on year)
Revenue growth	—	▼6.9%	▲23.4%
Profit growth	—	▼62.8%	▼9.5%
Headcount growth	—	—	▲2.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£753k	£608k	£204k
Net assets	£6.2m	£7m	£7.7m
Fixed assets	£8.6m	£9.1m	£8.7m
Current assets	£4.8m	£5.3m	£6.5m
Debtors	£2m	£1m	£1.3m
Deferred income	£117k	£232k	£202k
Cash from operations	£2m	£1.2m	−£30.6k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 5.2%; Profit ÷ revenue.
Gross margin: 31.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £352k; Revenue ÷ average employees.
Profit per employee: £18.3k; Profit ÷ average employees.
Cash conversion: −2.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 61.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.3%; 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 £7.7m
Cash at bank: ▼66%; Now £204k
Headcount: ▲3%; Now 40
Deferred income: ▼13%; Now £202k
Fixed assets: ▼5%; Now £8.7m

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

Acetech Holdings Limitedultimate parent75–100%
Acetech Metals Ltdthis 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £731k), from the Companies House accounts bulk data published Dec 2024. 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.