Metek PLC
Registered name: METEK PLC
Part of Metek Holdings Limited groupMetek PLC made £16.4m revenue and £738k profit in the year to 31 Mar 2026.
Metek PLC’s revenue fell 21% to £16.4m in the year to 31 Mar 2026, with £738k profit and 39 employees. The company is classified under “other manufacturing” and is based in Stonehouse; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Stonehouse, South West
- Age
- 25 yrs · since 2000
- Type
- Public 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £12.9m | £10m | £14.9m | £20.7m | £16.4m |
| Cost of sales | £10.1m | £7.4m | £11.8m | £15.9m | £11.8m |
| Gross profit | £2.8m | £2.6m | £3.1m | £4.8m | £4.6m |
| Profit before tax | £565k | £444k | £574k | £1.2m | £981k |
| Profit after tax | £517k | £359k | £464k | £868k | £738k |
| Profit (best available) | £517k | £359k | £464k | £868k | £738k |
| Staff costs | £2m | £1.9m | £2m | £2.8m | £2.7m |
| Employees (average) | 59 | 31 | 30 | 39 | 39 |
| Ratios | |||||
| Profit margin | 4% | 3.6% | 3.1% | 4.2% | 4.5% |
| Gross margin | 21.6% | 26.4% | 20.7% | 23% | 28% |
| Revenue per employee | £218k | £322k | £496k | £531k | £420k |
| Profit per employee | £8.8k | £11.6k | £15.5k | £22.3k | £18.9k |
| Growth (year on year) | |||||
| Revenue growth | — | ▼22.4% | ▲48.9% | ▲39.1% | ▼20.9% |
| Profit growth | — | ▼30.4% | ▲29.2% | ▲87% | ▼15% |
| Headcount growth | — | ▼47.5% | ▼3.2% | ▲30% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £2.5m | £1.2m | £2m | £1.8m | £2.1m |
| Net assets | £3.7m | £3.6m | £3.7m | £3.9m | £4.1m |
| Fixed assets | £135k | £104k | £75k | £74k | £73.1k |
| Current assets | £6m | £6m | £6.4m | £8.4m | £8.4m |
| Debtors | £215k | £196k | £20.7k | £518k | £33k |
| Cash from operations | −£2.3m | £746k | −£1.3m | −£2m | −£1.5m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Oct 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.5%
- Profit ÷ revenue.
- Gross margin
- 28%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £420k
- Revenue ÷ average employees.
- Profit per employee
- £18.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.2%
- 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
- ▲7%
- Now £4.1m
- Cash at bank
- ▲15%
- Now £2.1m
- Headcount
- 0%
- Now 39
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £73.1k
Group structure
Ownership chain
- Metek Holdings Limitedultimate parent75–100%
- Metek PLCthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Metek Modular Building LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £738k), 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.