How much does Met Structures Limited make?

Met Structures Limited reported revenue of £23.3m and £285k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Met Structures Limited have?

Met Structures Limited reported an average of 43 employees in the year to 31 Mar 2025.

Is Met Structures Limited profitable?

Yes — Met Structures Limited reported a profit of £285k in the year to 31 Mar 2025.

Company No. 10735398 · Incorporated 21 Apr 2017

Met Structures Limited

Registered name: MET STRUCTURES LIMITED

Met Structures Limited made £23.3m revenue and £285k profit in the year to 31 Mar 2025. read from filing text

Met Structures Limited’s revenue grew 21% to £23.3m in the year to 31 Mar 2025, with £285k profit and 43 employees. The company is classified under “construction of commercial buildings” and is based in Chepstow; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Chepstow, Wales
Age: 9 yrs · since 2017
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: “At 31 March 2025 the parent company of Met Structures Limited was Kenai Holdings Limited, a company registered in England and Wales.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverageCash flow filed

Revenue

£23.3m

Growth ▲20.5%

Profit

£285k

Growth ▲27.2%

Profit margin

1.2%

Gross 15.7%

Employees

Change ▲16.2%

Profit / employee

£6.6k

Revenue/employee £542k

Profitable streak

4yrs

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 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 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)	£34m	£27.7m	£19.3m	£23.3m
Cost of sales	£30.5m	£23.7m	£15.8m	£19.6m
Gross profit	£3.5m	£4m	£3.5m	£3.7m
Operating profit	£1.1m	£388k	£144k	£76.8k
Profit before tax	£1.1m	£386k	£140k	£76.1k
Profit after tax	£1m	£318k	£224k	£285k
Profit (best available)	£1m	£318k	£224k	£285k
Staff costs	£1.7m	£2.7m	£2.2m	£2.3m
Employees (average)	34	44	37	43
Ratios
Profit margin	3%	1.1%	1.2%	1.2%
Gross margin	10.2%	14.3%	18.3%	15.7%
Revenue per employee	£999k	£630k	£523k	£542k
Profit per employee	£29.8k	£7.2k	£6.1k	£6.6k
Cash conversion	−180.4%	−814.6%	1766%	1995%
Growth (year on year)
Revenue growth	—	▼18.4%	▼30.2%	▲20.5%
Profit growth	—	▼68.7%	▼29.3%	▲27.2%
Headcount growth	—	▲29.4%	▼15.9%	▲16.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£5.6m	£2.9m	£1.3m
Net assets	£647k	£965k	£1.2m	£1.5m
Fixed assets	£299k	£269k	£295k	£296k
Current assets	£10.5m	£10m	£5.9m	£5m
Debtors	£1m	£490k	£388k	£29.3k
Deferred income	£548k	£103k	£154k	£120k
Cash from operations	−£2m	−£3.2m	£2.5m	£1.5m
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 15.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £542k; Revenue ÷ average employees.
Profit per employee: £6.6k; Profit ÷ average employees.
Cash conversion: 1995%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: ▲24%; Now £1.5m
Cash at bank: ▼54%; Now £1.3m
Headcount: ▲16%; Now 43
Deferred income: ▼22%; Now £120k
Fixed assets: ▲0%; Now £296k

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

Corporate ownership

Group structure

Subsidiaries (1)

Met Structures (HR) LimitedFigures not disclosed

Minority corporate shareholders

Kenai Holdings Limited 25–50%
Chieftan Properties Limited 25–50%

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £285k), 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.