J.o. Steel Holdings PLCDissolved
Registered name: J.O. STEEL HOLDINGS PLC
J.o. Steel Holdings PLC made £26.7m revenue and a £1k loss in the year to 31 Dec 2023.
J.o. Steel Holdings PLC’s revenue grew 3% to £26.7m in the year to 31 Dec 2023, with a loss of £1k and 0 employees. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £25.9m | £26.7m |
| Cost of sales | £21.1m | £22.2m |
| Gross profit | £4.8m | £4.5m |
| Operating profit | £14k | £11k |
| Profit after tax | £12k | −£1k |
| Profit (best available) | £12k | −£1k |
| Staff costs | £965k | £975k |
| Employees (average) | 505 | 0 |
| Ratios | ||
| Profit margin | 0.1% | 0% |
| Gross margin | 18.5% | 16.9% |
| Revenue per employee | £51.2k | — |
| Profit per employee | £24 | — |
| Cash conversion | 24271% | 26818% |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.1% |
| Profit growth | — | ▼108.3% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2k | £2k |
| Net assets | £42.5m | £39.8m |
| Current assets | £2k | £2k |
| Cash from operations | £3.4m | £3m |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 16.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- 26818%
- 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
- ▼6%
- Now £39.8m
- Cash at bank
- 0%
- Now £2k
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1k), from the Companies House accounts bulk data published Jun 2024. 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.