A C Steels Ltd
Registered name: A C STEELS LTD
A C Steels Ltd made £35.9m revenue and £233k profit in the year to 31 Dec 2025.
A C Steels Ltd’s revenue grew 1% to £35.9m in the year to 31 Dec 2025, with £233k profit and 80 employees. The company is classified under “manufacture of tubes, pipes, hollow profiles and related fittings, of steel” and is based in Bloxwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bloxwich, West Midlands
- Age
- 17 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £38.7m | £36m | £35.5m | £35.9m |
| Cost of sales | £32.5m | £29.5m | £28.5m | £28.8m |
| Gross profit | £6.2m | £6.5m | £7m | £7m |
| Operating profit | £2.1m | £2m | £1.8m | £1.1m |
| Profit before tax | £1.7m | £1.2m | £895k | £307k |
| Profit after tax | £1.5m | £894k | £704k | £233k |
| Profit (best available) | £1.5m | £894k | £704k | £233k |
| Staff costs | £2.6m | £2.6m | £2.8m | £3.2m |
| Employees (average) | 70 | 68 | 73 | 80 |
| Ratios | ||||
| Profit margin | 3.8% | 2.5% | 2% | 0.7% |
| Gross margin | 15.9% | 18% | 19.8% | 19.6% |
| Revenue per employee | £553k | £529k | £486k | £448k |
| Profit per employee | £21.1k | £13.1k | £9.6k | £2.9k |
| Cash conversion | −99.1% | −59.2% | −96.3% | 31% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼6.9% | ▼1.5% | ▲1.1% |
| Profit growth | — | ▼39.4% | ▼21.3% | ▼66.8% |
| Headcount growth | — | ▼2.9% | ▲7.3% | ▲9.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £556k | £435k | £75.9k | £201k |
| Net assets | £5.6m | £6.2m | £7.2m | £7m |
| Fixed assets | £6.2m | £6.2m | £8.2m | £8.2m |
| Current assets | £19.3m | £18.9m | £20.3m | £20.2m |
| Debtors | £7.6m | £8.3m | £8.4m | £8.5m |
| Cash from operations | −£2.1m | −£1.2m | −£1.7m | £356k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 19.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £448k
- Revenue ÷ average employees.
- Profit per employee
- £2.9k
- Profit ÷ average employees.
- Cash conversion
- 31%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 22.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.6%
- 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
- ▼3%
- Now £7m
- Cash at bank
- ▲165%
- Now £201k
- Headcount
- ▲10%
- Now 80
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £8.2m
Similar profitable businesses
- Ced Fabrications LimitedAccrington · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Revenue
- £19.9m
- Profit
- £1.6m
- Staff
- 157
- Padley & Venables LimitedSheffield · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Revenue
- £19.9m
- Profit
- £619k
- Staff
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- P.J. Pipe & Valve Co. LimitedHertford · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
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- £18.2m
- Profit
- £1.5m
- Staff
- 10
- Game Engineering LimitedLincoln · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Revenue
- £15.1m
- Profit
- £851k
- Staff
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- Berkeley Stainless Fittings LimitedBristol · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Revenue
- £14.5m
- Profit
- £1.7m
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- Lander Aerospace LtdBirmingham · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Revenue
- £14m
- Profit
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- Staff
- 152
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £233k), 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.