How much does Embrace Steel Group Ltd make?

Embrace Steel Group Ltd reported revenue of £37.9m and a loss of £2.7m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Embrace Steel Group Ltd have?

Embrace Steel Group Ltd reported an average of 130 employees in the year to 31 Dec 2025.

Is Embrace Steel Group Ltd profitable?

No — Embrace Steel Group Ltd reported a loss of £2.7m in the year to 31 Dec 2025.

Company No. 12939220 · Incorporated 8 Oct 2020

Embrace Steel Group Ltd

Registered name: EMBRACE STEEL GROUP LTD

Part of Catalyst Ventures Ltd group

Embrace Steel Group Ltd made £37.9m revenue and a £2.7m loss in the year to 31 Dec 2025. read from filing text

Embrace Steel Group Ltd’s revenue fell 8% to £37.9m in the year to 31 Dec 2025, with a loss of £2.7m and 130 employees. The company is classified under “development of building projects” and is based in Nottingham; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41100Development of building projects

Status: Active
Location: Nottingham, East Midlands
Age: 6 yrs · since 2020
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£37.9m

Growth ▼8.4%

Profit

−£2.7m

Growth ▼238%

Profit margin

−7.1%

Gross 22.3%

Employees

130

Change ▲28.7%

Profit / employee

−£20.6k

Revenue/employee £292k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 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)	£7.6m	£26.2m	£41.4m	£37.9m
Cost of sales	£5.5m	£20.8m	£30.8m	£29.5m
Gross profit	£2.1m	£5.4m	£10.6m	£8.5m
Operating profit	£970k	£1.3m	£3.3m	−£2.3m
Profit before tax	£849k	£1m	£2.3m	−£3.1m
Profit after tax	£693k	£745k	£1.9m	−£2.7m
Profit (best available)	£693k	£745k	£1.9m	−£2.7m
Employees (average)	45	28	101	130
Ratios
Profit margin	9.2%	2.8%	4.7%	−7.1%
Gross margin	27.4%	20.6%	25.6%	22.3%
Revenue per employee	£168k	£937k	£410k	£292k
Profit per employee	£15.4k	£26.6k	£19.2k	−£20.6k
Growth (year on year)
Revenue growth	—	▲247.3%	▲57.9%	▼8.4%
Profit growth	—	▲7.5%	▲160.8%	▼238%
Headcount growth	—	▼37.8%	▲260.7%	▲28.7%
Balance sheet — indirect signals, not revenue
Cash at bank	—	£0	£163k	£793k
Net assets	£320k	£320k	−£89.1k	−£213k
Fixed assets	£1	£1	£101	£101
Current assets	—	£1.7m	£11.8m	£10.9m
Debtors	£0	£0	£0	£0
Deferred income	£0	£0	£72.5k	£22.4k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −7.1%; Profit ÷ revenue.
Gross margin: 22.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £292k; Revenue ÷ average employees.
Profit per employee: −£20.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; 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: —; Now −£213k
Cash at bank: ▲387%; Now £793k
Headcount: ▲29%; Now 130
Deferred income: ▼69%; Now £22.4k
Fixed assets: 0%; Now £101

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

Ownership chain

Catalyst Ventures Ltdultimate parent50–75%
Embrace Steel Group Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Esg Bidco 2 LtdFigures not disclosed
Esg Bidco1 LtdFigures not disclosed

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 Dec 2025 (profit −£2.7m), from the Companies House accounts bulk data published Sep 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.