Cel Sheet Metal Limited
Registered name: CEL SHEET METAL LIMITED
Part of Northern Industries UK 1 Limited groupCel Sheet Metal Limited made £9.4m revenue and a £117k loss in the year to 30 Jun 2024. read from filing text
Cel Sheet Metal Limited’s revenue fell 8% to £9.4m in the year to 30 Jun 2024, with a loss of £117k and 81 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Brighton; we hold 3 years of its filed accounts.
- Status
- In Administration
- Location
- Brighton, South East
- Age
- 20 yrs · since 2006
- 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 Company's immediate parent company is CEL Sheet Metal (Holdings) Limited, a private limited company incorporated in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £5.8m | £10.2m | £9.4m |
| Cost of sales | £4.2m | £7.4m | £6.9m |
| Gross profit | £1.7m | £2.8m | £2.5m |
| Operating profit | £455k | £239k | £25.6k |
| Profit before tax | £420k | £50.8k | −£152k |
| Profit after tax | £352k | £271k | −£117k |
| Profit (best available) | £352k | £271k | −£117k |
| Staff costs | £1.3m | £2.8m | £3.1m |
| Employees (average) | 63 | 65 | 81 |
| Ratios | |||
| Profit margin | 6% | 2.6% | −1.2% |
| Gross margin | 28.6% | 27.8% | 26.4% |
| Revenue per employee | £92.5k | £157k | £116k |
| Profit per employee | £5.6k | £4.2k | −£1.4k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼8.2% |
| Profit growth | — | — | ▼143.1% |
| Headcount growth | — | — | ▲24.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £489k | £53.9k | £198k |
| Net assets | £2.6m | £2.5m | £2.2m |
| Fixed assets | £2m | £1.8m | £1.7m |
| Current assets | £7.3m | £6.2m | £6.5m |
| Debtors | £2.9m | £2.3m | £2.4m |
| Deferred income | £113k | £149k | £171k |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- −1.2%
- Profit ÷ revenue.
- Gross margin
- 26.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £116k
- Revenue ÷ average employees.
- Profit per employee
- −£1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 17.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 25.2%
- 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
- ▼12%
- Now £2.2m
- Cash at bank
- ▲268%
- Now £198k
- Headcount
- ▲25%
- Now 81
- Deferred income
- ▲14%
- Now £171k
- Fixed assets
- ▼6%
- Now £1.7m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Northern Industries UK 1 Limitedultimate parent75–100%
- Cel Sheet Metal (Holdings) Limited75–100%
- Cel Sheet Metal Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Jun 2024 (profit −£117k), from the Companies House accounts bulk data published Nov 2024. 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.