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Company No. 04123370 · Incorporated 12 Dec 2000

Metek PLC

Registered name: METEK PLC

Part of Metek Holdings Limited group

Metek 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.

Full P&L filedSection C · ManufacturingSIC 32990Other manufacturing n.e.c.
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.

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightCash flow filed
Revenue
£16.4m
Growth ▼20.9%
Profit
£738k
Growth ▼15%
Profit margin
4.5%
Gross 28%
Employees
39
Change 0%
Profit / employee
£18.9k
Revenue/employee £420k
Profitable streak
5yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&LFull 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)5931303939
Ratios
Profit margin4%3.6%3.1%4.2%4.5%
Gross margin21.6%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
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Oct 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

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.
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
▲7%
Now £4.1m
Cash at bank
▲15%
Now £2.1m
Headcount
0%
Now 39
Deferred income
—
Now —
Fixed assets
▼1%
Now £73.1k
Corporate ownership

Group structure

Ownership chain

  1. Metek Holdings Limitedultimate parent75–100%
  2. Metek PLCthis company

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

Subsidiaries (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

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.