Fastline Steel Services UK Ltd
Registered name: FASTLINE STEEL SERVICES UK LTD
Fastline Steel Services UK Ltd made £20.3m revenue and £573k profit in the year to 31 Mar 2025.
Fastline Steel Services UK Ltd’s revenue grew 12% to £20.3m in the year to 31 Mar 2025, with £573k profit and 74 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Walsall; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Walsall, West Midlands
- Age
- 13 yrs · since 2013
- 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 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £16.4m | £19.4m | £18.1m | £20.3m |
| Cost of sales | £13.6m | £15.4m | £14.3m | £16.6m |
| Gross profit | £2.9m | £4m | £3.8m | £3.6m |
| Operating profit | £975k | £1.9m | £1.3m | £487k |
| Profit before tax | £931k | £1.9m | £1.3m | £451k |
| Profit after tax | £819k | £2m | £881k | £573k |
| Profit (best available) | £819k | £2m | £881k | £573k |
| Staff costs | £2m | £1.9m | £2m | £2.6m |
| Employees (average) | 63 | 62 | 63 | 74 |
| Ratios | ||||
| Profit margin | 5% | 10.1% | 4.9% | 2.8% |
| Gross margin | 17.5% | 20.9% | 21% | 17.9% |
| Revenue per employee | £261k | £313k | £288k | £274k |
| Profit per employee | £13k | £31.6k | £14k | £7.7k |
| Cash conversion | −106.8% | −89.8% | −49.4% | −234.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲17.9% | ▼6.6% | ▲11.8% |
| Profit growth | — | ▲139.3% | ▼55% | ▼35% |
| Headcount growth | — | ▼1.6% | ▲1.6% | ▲17.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1m | £1.6m | £864k | £580k |
| Net assets | £1.3m | £2.8m | £3.3m | £3.5m |
| Fixed assets | £848k | £998k | £1.1m | £1.1m |
| Current assets | £5.6m | £7.3m | £8.3m | £9.2m |
| Debtors | £2.9m | £3.8m | £4m | £4.8m |
| Cash from operations | −£1m | −£1.7m | −£645k | −£1.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.8%
- Profit ÷ revenue.
- Gross margin
- 17.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £274k
- Revenue ÷ average employees.
- Profit per employee
- £7.7k
- Profit ÷ average employees.
- Cash conversion
- −234.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 23.8%
- 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
- ▲7%
- Now £3.5m
- Cash at bank
- ▼33%
- Now £580k
- Headcount
- ▲17%
- Now 74
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £1.1m
Similar profitable businesses
- Optima Products LimitedHigh Wycombe · Manufacture of metal structures and parts of structures
- Revenue
- £20.4m
- Profit
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- Staff
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- Compass Engineering LimitedBarnsley · Manufacture of metal structures and parts of structures
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- Ocean Kinetics LimitedShetland · Manufacture of metal structures and parts of structures
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- £20.9m
- Profit
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- William Haley Engineering LimitedNR Highbridge · Manufacture of metal structures and parts of structures
- Revenue
- £19.4m
- Profit
- £2.1m
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- J.wareing & Son (Wrea Green) LimitedPreston · Manufacture of metal structures and parts of structures
- Revenue
- £19.3m
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- Atom Fabrications LimitedCwmbran · Manufacture of metal structures and parts of structures
- Revenue
- £21.6m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £573k), from the Companies House accounts bulk data published Dec 2025. 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.