Ashvin Metals Ltd
Registered name: ASHVIN METALS LTD
Ashvin Metals Ltd made £103m revenue and £2.2m profit in the year to 31 Mar 2025.
Ashvin Metals Ltd’s revenue grew 37% to £103m in the year to 31 Mar 2025, with £2.2m profit and 29 employees. The company is classified under “wholesale of waste and scrap” and is based in Poulton-Le-Fylde; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Poulton-Le-Fylde, North West
- Age
- 15 yrs · since 2011
- 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 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £81.5m | £75.5m | £103m |
| Cost of sales | £75.8m | £70.4m | £97.2m |
| Gross profit | £5.7m | £5.1m | £5.9m |
| Operating profit | £3m | £2.6m | £2.8m |
| Profit before tax | £3m | £2.7m | £3m |
| Profit after tax | £2.5m | £2m | £2.2m |
| Profit (best available) | £2.5m | £2m | £2.2m |
| Employees (average) | 28 | 27 | 29 |
| Ratios | |||
| Profit margin | 3% | 2.7% | 2.2% |
| Gross margin | 7% | 6.7% | 5.8% |
| Revenue per employee | £2.9m | £2.8m | £3.6m |
| Profit per employee | £87.5k | £74.6k | £77.1k |
| Cash conversion | −103% | −111.4% | −40.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼7.3% | ▲36.5% |
| Profit growth | — | ▼17.8% | ▲11% |
| Headcount growth | — | ▼3.6% | ▲7.4% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2.8m | £3.7m | £3.8m |
| Net assets | £11.1m | £13.1m | £15.3m |
| Fixed assets | £1.9m | £2.1m | £3m |
| Current assets | £15m | £16.6m | £18.8m |
| Debtors | £6.3m | £7.2m | £8.8m |
| Deferred income | £1.1m | £1.4m | £2m |
| Cash from operations | −£3.1m | −£2.9m | −£1.1m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 5.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.6m
- Revenue ÷ average employees.
- Profit per employee
- £77.1k
- Profit ÷ average employees.
- Cash conversion
- −40.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.6%
- 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
- ▲17%
- Now £15.3m
- Cash at bank
- ▲2%
- Now £3.8m
- Headcount
- ▲7%
- Now 29
- Deferred income
- ▲44%
- Now £2m
- Fixed assets
- ▲42%
- Now £3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Gerrards (Precious Metals) LimitedWholesale of waste and scrap
- Revenue
- £84.1m
- Profit
- £1.3m
- Staff
- 8
- GSMT LtdMarch · Wholesale of waste and scrap
- Revenue
- £74m
- Profit
- £1.2m
- Staff
- 11
- Presman (Bullion) LimitedLondon · Wholesale of waste and scrap
- Revenue
- £157m
- Profit
- £1.4m
- Staff
- 8
- Winfibre (U.K.) Company LimitedNottingham · Wholesale of waste and scrap
- Revenue
- £56.6m
- Profit
- £315k
- Staff
- 16
- McKenzies (Ni).limitedBelfast · Wholesale of waste and scrap
- Revenue
- £49.8m
- Profit
- £1.1m
- Staff
- 56
- Flexdart LimitedBirmingham · Wholesale of waste and scrap
- Revenue
- £41.1m
- Profit
- £909k
- Staff
- 47
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 13 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.