How much does Northern Steel Decking Ltd make?

Northern Steel Decking Ltd reported revenue of £20.6m and £1.5m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Northern Steel Decking Ltd have?

Northern Steel Decking Ltd reported an average of 66 employees in the year to 31 Mar 2025.

Is Northern Steel Decking Ltd profitable?

Yes — Northern Steel Decking Ltd reported a profit of £1.5m in the year to 31 Mar 2025.

Company No. 04301280 · Incorporated 9 Oct 2001

Northern Steel Decking Ltd

Registered name: NORTHERN STEEL DECKING LTD

Part of Kenai Holdings Limited group

Northern Steel Decking Ltd made £20.6m revenue and £1.5m profit in the year to 31 Mar 2025. read from filing text

Northern Steel Decking Ltd’s revenue grew 3% to £20.6m in the year to 31 Mar 2025, with £1.5m profit and 66 employees. The company is classified under “other specialised construction activities” and is based in Farm Industrial Estate Chepstow; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Farm Industrial Estate Chepstow, Wales
Age: 25 yrs · since 2001
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 parent company at the balance sheet date was Kenai Holdings Limited.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverageBoring industryCash flow filed

Revenue

£20.6m

Growth ▲2.9%

Profit

£1.5m

Growth ▲56.5%

Profit margin

7.4%

Gross 21%

Employees

Change ▲1.5%

Profit / employee

£23.2k

Revenue/employee £312k

Profitable streak

4yrs

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	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)	£23.1m	£21m	£20m	£20.6m
Cost of sales	£19.4m	£17.1m	£16.2m	£16.2m
Gross profit	£3.8m	£3.8m	£3.8m	£4.3m
Operating profit	£1.6m	£1.5m	£1.3m	£1.8m
Profit before tax	£1.6m	£1.5m	£1.3m	£2m
Profit after tax	£1.3m	£1.2m	£980k	£1.5m
Profit (best available)	£1.3m	£1.2m	£980k	£1.5m
Staff costs	£3.1m	£3.2m	£3.2m	£3.4m
Employees (average)	67	68	65	66
Ratios
Profit margin	5.7%	6%	4.9%	7.4%
Gross margin	16.2%	18.3%	19.1%	21%
Revenue per employee	£345k	£308k	£308k	£312k
Profit per employee	£19.5k	£18.4k	£15.1k	£23.2k
Cash conversion	−72.5%	−124.4%	−99%	−59.2%
Growth (year on year)
Revenue growth	—	▼9.3%	▼4.7%	▲2.9%
Profit growth	—	▼4.3%	▼21.6%	▲56.5%
Headcount growth	—	▲1.5%	▼4.4%	▲1.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.5m	£4.3m	£3.4m	£2.7m
Net assets	£3.5m	£4.2m	£3.4m	£3.7m
Fixed assets	£846k	£843k	£888k	£1.1m
Current assets	£7m	£6.3m	£6.6m	£6.1m
Debtors	£1.3m	£615k	£1.3m	£607k
Deferred income	£671k	£511k	£567k	£577k
Cash from operations	−£1.2m	−£1.9m	−£1.3m	−£1.1m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · 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: 7.4%; Profit ÷ revenue.
Gross margin: 21%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £312k; Revenue ÷ average employees.
Profit per employee: £23.2k; Profit ÷ average employees.
Cash conversion: −59.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.9%; 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 £3.7m
Cash at bank: ▼19%; Now £2.7m
Headcount: ▲2%; Now 66
Deferred income: ▲2%; Now £577k
Fixed assets: ▲28%; Now £1.1m

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

Kenai Holdings Limitedultimate parent75–100%
Northern Steel Decking Ltdthis company

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

Subsidiaries (1)

Northern Steel Decking Installations LtdFigures not disclosed

Sister companies (12)

Studwelders Composite Floor Decks LtdRev. £19.7m · Profit £1.1m
Construction Metal Sales LimitedRev. — · Profit £6.6k
Kenai International LimitedFigures not disclosed
Metsolar LimitedFigures not disclosed
MST Properties LtdFigures not disclosed
NSD Composite Floor Decks LtdFigures not disclosed
Red Dot 2 Developments LtdFigures not disclosed
Smithy & Sully LtdFigures not disclosed
Speedy Deck LtdFigures not disclosed
Studwelders Holdings LtdFigures not disclosed
SWL Steel Decking LtdFigures not disclosed
Whirlybirds Helicopters LtdFigures not disclosed

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 2025 (profit £1.5m), 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.