How much does Steelstock Services (Midlands) Limited make?

Steelstock Services (Midlands) Limited reported revenue of £11.2m and a loss of £318k in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Steelstock Services (Midlands) Limited have?

Steelstock Services (Midlands) Limited reported an average of 36 employees in the year to 31 Dec 2025.

Is Steelstock Services (Midlands) Limited profitable?

No — Steelstock Services (Midlands) Limited reported a loss of £318k in the year to 31 Dec 2025.

Company No. 06582155 · Incorporated 1 May 2008

Steelstock Services (Midlands) Limited

Registered name: STEELSTOCK SERVICES (MIDLANDS) LIMITED

Steelstock Services (Midlands) Limited made £11.2m revenue and a £318k loss in the year to 31 Dec 2025. read from filing text

Steelstock Services (Midlands) Limited’s revenue fell 5% to £11.2m in the year to 31 Dec 2025, with a loss of £318k and 36 employees. The company is classified under “wholesale of metals and metal ores” and is based in Thirsk; 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: Thirsk, Yorkshire and The Humber
Age: 18 yrs · since 2008
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 ultimate controlling party is Laurence McDougall by virtue of his 80% shareholding.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightCash flow filed

Revenue

£11.2m

Growth ▼5.5%

Profit

−£318k

Growth —

Profit margin

−2.9%

Gross 13.1%

Employees

Change ▲12.5%

Profit / employee

−£8.8k

Revenue/employee £310k

Profitable streak

0yrs

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 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)	£16.8m	£12.1m	£11.8m	£11.2m
Cost of sales	£13.9m	£10.7m	£10.3m	£9.7m
Gross profit	£2.9m	£1.4m	£1.5m	£1.5m
Operating profit	£743k	−£501k	−£401k	−£438k
Profit before tax	£700k	−£561k	−£477k	−£510k
Profit after tax	£569k	−£422k	−£469k	−£318k
Profit (best available)	£569k	−£422k	−£469k	−£318k
Staff costs	£1.3m	£1.2m	£1.3m	£1.3m
Employees (average)	32	31	32	36
Ratios
Profit margin	3.4%	−3.5%	−4%	−2.9%
Gross margin	17.3%	11.5%	12.7%	13.1%
Revenue per employee	£525k	£390k	£369k	£310k
Profit per employee	£17.8k	−£13.6k	−£14.6k	−£8.8k
Cash conversion	−157.4%	—	—	—
Growth (year on year)
Revenue growth	—	▼28%	▼2.3%	▼5.5%
Profit growth	—	▼174.2%	—	—
Headcount growth	—	▼3.1%	▲3.2%	▲12.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.4k	£6k	£7k	£5.7k
Net assets	£1.5m	£465k	−£3.3k	−£322k
Fixed assets	£795k	£628k	£1.1m	£1.1m
Current assets	£5.9m	£4.7m	£4.3m	£5m
Debtors	£2.1m	£2.1m	£2.1m	£2.3m
Deferred income	£164k	£107k	£68k	£103k
Cash from operations	−£1.2m	−£203k	−£562k	−£161k
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Jan 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −2.9%; Profit ÷ revenue.
Gross margin: 13.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £310k; Revenue ÷ average employees.
Profit per employee: −£8.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.5%; 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: —; Now −£322k
Cash at bank: ▼20%; Now £5.7k
Headcount: ▲13%; Now 36
Deferred income: ▲52%; Now £103k
Fixed assets: ▼2%; Now £1.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£318k), 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.