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Company No. 12202432 · Incorporated 12 Sep 2019

Bromford Iron Ltd

Registered name: BROMFORD IRON LTD

Bromford Iron Ltd made £12.7m revenue and a £1.6m loss in the year to 31 Dec 2024. read from filing text

Bromford Iron Ltd’s revenue fell 28% to £12.7m in the year to 31 Dec 2024, with a loss of £1.6m and 48 employees. The company is classified under “manufacture of basic iron and steel and of ferro-alloys” and is based in Thirsk; we hold 2 years of its filed accounts.

Status
Active
Location
Thirsk, Yorkshire and The Humber
Age
7 yrs · since 2019
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 90% shareholding.”

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightCash flow filed
Revenue
£12.7m
Growth ▼28.3%
Profit
−£1.6m
Growth —
Profit margin
−12.2%
Gross 3.6%
Employees
48
Change 0%
Profit / employee
−£32.5k
Revenue/employee £266k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£17.8m£12.7m
Cost of sales£15.8m£12.3m
Gross profit£2m£465k
Operating profit−£552k−£1.6m
Profit before tax−£1m−£1.7m
Profit after tax−£1m−£1.6m
Profit (best available)−£1m−£1.6m
Staff costs£2.1m£2m
Employees (average)4848
Ratios
Profit margin−5.8%−12.2%
Gross margin11.1%3.6%
Revenue per employee£371k£266k
Profit per employee−£21.3k−£32.5k
Growth (year on year)
Revenue growth—▼28.3%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£55k£48.9k
Net assets£348k−£1.2m
Fixed assets£939k£764k
Current assets£8.5m£5.6m
Debtors£3.8m£1.7m
Deferred income£726k£124k
Cash from operations—−£1.8m
SourceFullAccounts · bulk data Apr 2026FullAccounts · bulk data Apr 2026
Derived from the latest filing

How the business works

Profit margin
−12.2%
Profit ÷ revenue.
Gross margin
3.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£266k
Revenue ÷ average employees.
Profit per employee
−£32.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
13.4%
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
▼448%
Now −£1.2m
Cash at bank
▼11%
Now £48.9k
Headcount
0%
Now 48
Deferred income
▼83%
Now £124k
Fixed assets
▼19%
Now £764k

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

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£1.6m), from the Companies House accounts bulk data published Apr 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.