How much does Masteel (UK) Limited make?

Masteel (UK) Limited reported revenue of £16.5m and £679k profit in the year to 31 Aug 2025, according to its accounts filed at Companies House.

How many employees does Masteel (UK) Limited have?

Masteel (UK) Limited reported an average of 47 employees in the year to 31 Aug 2025.

Is Masteel (UK) Limited profitable?

Yes — Masteel (UK) Limited reported a profit of £679k in the year to 31 Aug 2025.

Company No. 04500564 · Incorporated 1 Aug 2002

Masteel (UK) Limited

Registered name: MASTEEL (UK) LIMITED

Part of Bradley McLaren Holdings Limited group

Masteel (UK) Limited made £16.5m revenue and £679k profit in the year to 31 Aug 2025.

Masteel (UK) Limited’s revenue fell 17% to £16.5m in the year to 31 Aug 2025, with £679k profit and 47 employees. The company is classified under “wholesale of metals and metal ores” and is based in Sheffield; 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: Sheffield, Yorkshire and The Humber
Age: 24 yrs · since 2002
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.

Latest accounts · year to 31 Aug 2025

Key figures

Capital-lightCash flow filed

Revenue

£16.5m

Growth ▼17.2%

Profit

£679k

Growth ▼54.1%

Profit margin

4.1%

Gross 23.5%

Employees

Change ▲9.3%

Profit / employee

£14.5k

Revenue/employee £352k

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 Aug 2022	31 Aug 2023	31 Aug 2024	31 Aug 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£19.5m	£18.6m	£20m	£16.5m
Cost of sales	£15.7m	£14.4m	£15.3m	£12.6m
Gross profit	£3.7m	£4.2m	£4.7m	£3.9m
Operating profit	£1.8m	£2m	£1.7m	£768k
Profit before tax	£1.9m	£2.1m	£2m	£910k
Profit after tax	£1.5m	£1.6m	£1.5m	£679k
Profit (best available)	£1.5m	£1.6m	£1.5m	£679k
Staff costs	£1.3m	£1.5m	£2.1m	£2.2m
Employees (average)	24	25	43	47
Ratios
Profit margin	7.9%	8.6%	7.4%	4.1%
Gross margin	19.2%	22.5%	23.5%	23.5%
Revenue per employee	£812k	£746k	£464k	£352k
Profit per employee	£64.1k	£64.5k	£34.4k	£14.5k
Cash conversion	−86.6%	−128.3%	−8.7%	−17.8%
Growth (year on year)
Revenue growth	—	▼4.4%	▲7.1%	▼17.2%
Profit growth	—	▲4.8%	▼8.2%	▼54.1%
Headcount growth	—	▲4.2%	▲72%	▲9.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£245k	£1.1m	£269k	£503k
Net assets	£5.2m	£6.1m	£6.8m	£7.2m
Fixed assets	£330k	£647k	£645k	£862k
Current assets	£10.8m	£10.5m	£11.5m	£11.2m
Debtors	£3.9m	£3.3m	£3.3m	£2.9m
Deferred income	£378k	£348k	£455k	£90.5k
Cash from operations	−£1.6m	−£2.5m	−£150k	−£137k
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 4.1%; Profit ÷ revenue.
Gross margin: 23.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £352k; Revenue ÷ average employees.
Profit per employee: £14.5k; Profit ÷ average employees.
Cash conversion: −17.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 17.6%; 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: ▲6%; Now £7.2m
Cash at bank: ▲87%; Now £503k
Headcount: ▲9%; Now 47
Deferred income: ▼80%; Now £90.5k
Fixed assets: ▲34%; Now £862k

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

Bradley McLaren Holdings Limitedultimate parent75–100%
Masteel (UK) Limitedthis company

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

Sister companies (1)

D.S. Willetts (Stainless) LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £679k), from the Companies House accounts bulk data published Feb 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.