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Company No. 04416364 · Incorporated 15 Apr 2002

Metelec Limited

Registered name: METELEC LIMITED

Metelec Limited made £31.3m revenue and £534k profit in the year to 31 Dec 2025. read from filing text

Metelec Limited’s revenue grew 13% to £31.3m in the year to 31 Dec 2025, with £534k profit and 42 employees. The company is classified under “wholesale of metals and metal ores” and is based in Wolverhampton; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46720Wholesale of metals and metal ores
Status
Active
Location
Wolverhampton, West Midlands
Age
24 yrs · since 2002
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

IndependentOperating leverage
Revenue
£31.3m
Growth ▲13.2%
Profit
£534k
Growth ▲32.1%
Profit margin
1.7%
Gross 11%
Employees
42
Change ▲13.5%
Profit / employee
£12.7k
Revenue/employee £746k
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£22m£23.8m£27.7m£31.3m
Cost of sales£18.6m£21.7m£24.4m£27.9m
Gross profit£3.4m£2.1m£2.9m£3.4m
Operating profit£2.2m£355k£756k£893k
Profit before tax£2.2m£159k£404k£534k
Profit after tax£1.7m£45k——
Profit (best available)£1.7m£45k£404k£534k
Staff costs£1.1m£1.2m£1.6m£2.1m
Employees (average)27293742
Ratios
Profit margin7.8%0.2%1.5%1.7%
Gross margin15.5%8.7%10.5%11%
Revenue per employee£816k£821k£748k£746k
Profit per employee£64k£1.6k£10.9k£12.7k
Growth (year on year)
Revenue growth—▲8%▲16.3%▲13.2%
Profit growth—▼97.4%▲798%▲32.1%
Headcount growth—▲7.4%▲27.6%▲13.5%
Balance sheet — indirect signals, not revenue
Cash at bank−£1.8m£300k£617k£577k
Net assets£7.8m£7.9m£8.1m£8.3m
Debtors£4.7m£3.4m£3.4m£3.4m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Aug 2026
Derived from the latest filing

How the business works

Profit margin
1.7%
Profit ÷ revenue.
Gross margin
11%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£746k
Revenue ÷ average employees.
Profit per employee
£12.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.8%
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
▲3%
Now £8.3m
Cash at bank
▼6%
Now £577k
Headcount
▲14%
Now 42
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Subsidiaries (1)

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

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £534k), from the Companies House accounts bulk data published Aug 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.