Brass NO.9 PLC
Registered name: BRASS NO.9 PLC
Part of M&T Bank Corporation groupBrass NO.9 PLC made £104m revenue and £4k profit in the year to 31 Dec 2024.
Brass NO.9 PLC’s revenue fell 2% to £104m in the year to 31 Dec 2024, with £4k profit. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- London
- Age
- 6 yrs · since 2020
- Type
- Public Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £45.6m | £106m | £104m |
| Cost of sales | −£43.8m | −£104m | −£102m |
| Gross profit | £1.9m | £1.7m | £1.5m |
| Operating profit | £5k | £5k | — |
| Profit before tax | £5k | £5k | £5k |
| Profit after tax | £4k | £4k | £4k |
| Profit (best available) | £4k | £4k | £4k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 0% | 0% | 0% |
| Gross margin | 4.1% | 1.6% | 1.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▲132.7% | ▼2.3% |
| Profit growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | Accounts · bulk data Apr 2025 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 1.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- M&T Bank Corporation (registered outside the UK register)ultimate parent75–100%
- Wilmington Trust (UK) Limited75–100%
- Wilmington Trust SP Services (London) Limited75–100%
- Brass NO.9 Mortgage Holdings Limited75–100%
- Brass NO.9 PLCthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £4k), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 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.