Steelway Fensecure Limited
Registered name: STEELWAY FENSECURE LIMITED
Part of Northern Industries UK 1 Limited groupSteelway Fensecure Limited made £23m revenue and £51.2k profit in the year to 30 Jun 2025. read from filing text
Steelway Fensecure Limited’s revenue was £23m in the year to 30 Jun 2025, with £51.2k profit and 189 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Wolverhampton; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wolverhampton, West Midlands
- Age
- 26 yrs · since 1999
- 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 Company's immediate parent company is Steelway Holdings Limited, a private limited company incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £14.5m | £18.7m | £23m | £23m |
| Cost of sales | £10.4m | £13.4m | £13.7m | £13.6m |
| Gross profit | £4m | £5.2m | £9.3m | £9.4m |
| Operating profit | £131k | £847k | £1.6m | £504k |
| Profit before tax | £91.6k | £762k | £1.5m | £211k |
| Profit after tax | £65.9k | £593k | £1.2m | £51.2k |
| Profit (best available) | £65.9k | £593k | £1.2m | £51.2k |
| Staff costs | £5.3m | £6m | £8.2m | £8.7m |
| Employees (average) | 138 | 159 | 181 | 189 |
| Ratios | ||||
| Profit margin | 0.4% | 3.2% | 5.1% | 0.2% |
| Gross margin | 27.9% | 28.1% | 40.5% | 40.8% |
| Revenue per employee | £105k | £118k | £127k | £122k |
| Profit per employee | £477 | £3.7k | £6.5k | £271 |
| Growth (year on year) | ||||
| Revenue growth | — | ▲29% | ▲23.1% | ▲0.1% |
| Profit growth | — | ▲800.5% | ▲99.2% | ▼95.7% |
| Headcount growth | — | ▲15.2% | ▲13.8% | ▲4.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £397k | £131k | £79.1k | £422k |
| Net assets | £1.2m | £1.1m | £1.3m | £710k |
| Fixed assets | £600k | £483k | £431k | £357k |
| Current assets | £4.4m | £6.4m | £7.8m | £8m |
| Debtors | £2.8m | £3.7m | £5.3m | £5.5m |
| Deferred income | £8.7k | £0 | £912k | £627k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 40.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £271
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.1%
- 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
- ▼46%
- Now £710k
- Cash at bank
- ▲434%
- Now £422k
- Headcount
- ▲4%
- Now 189
- Deferred income
- ▼31%
- Now £627k
- Fixed assets
- ▼17%
- Now £357k
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
- Northern Industries UK 1 Limitedultimate parent75–100%
- Steelway Group Holdings Ltd75–100%
- Steelway Fensecure Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Steelway Holdings LimitedRev. £0 · Profit £652k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £51.2k), from the Companies House accounts bulk data published Jun 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.