Ferrous Protection Ltd
Registered name: FERROUS PROTECTION LTD
Part of TDR Capital LLP groupFerrous Protection Ltd made £4.1m revenue and a £275k loss in the year to 31 Dec 2025. read from filing text
Ferrous Protection Ltd’s revenue fell 28% to £4.1m in the year to 31 Dec 2025, with a loss of £275k and 24 employees. The company is classified under “treatment and coating of metals” and is based in ST Helens; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- ST Helens, North West
- Age
- 5 yrs · since 2021
- 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 Company's immediate parent undertaking is Qualitech Environmental Services Limited, a company registered in England and Wales.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 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 |
| Profit & loss | |||
| Revenue (turnover) | £4.6m | £5.8m | £4.1m |
| Cost of sales | £3.3m | £5.2m | £3.3m |
| Gross profit | £1.3m | £574k | £845k |
| Operating profit | £545k | −£627k | −£207k |
| Profit before tax | £505k | −£738k | −£296k |
| Profit after tax | £410k | −£552k | −£275k |
| Profit (best available) | £410k | −£552k | −£275k |
| Employees (average) | 25 | 33 | 24 |
| Ratios | |||
| Profit margin | 9% | −9.6% | −6.7% |
| Gross margin | 28.5% | 10% | 20.4% |
| Revenue per employee | £182k | £174k | £172k |
| Profit per employee | £16.4k | −£16.7k | −£11.5k |
| Growth (year on year) | |||
| Revenue growth | — | ▲26.4% | ▼28.2% |
| Profit growth | — | ▼234.4% | — |
| Headcount growth | — | ▲32% | ▼27.3% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £48.7k | £17.4k | £1.5k |
| Net assets | £1.1m | £527k | £252k |
| Fixed assets | £555k | £815k | £683k |
| Current assets | £2.3m | £2m | £1.3m |
| Debtors | £1m | £725k | £237k |
| Source | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Jun 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- −6.7%
- Profit ÷ revenue.
- Gross margin
- 20.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £172k
- Revenue ÷ average employees.
- Profit per employee
- −£11.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.8%
- 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
- ▼52%
- Now £252k
- Cash at bank
- ▼91%
- Now £1.5k
- Headcount
- ▼27%
- Now 24
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £683k
Group structure
Ownership chain
- TDR Capital LLPultimate parent75–100%
- TDR Capital Nominees 2021 Limited50–75%
- Corpacq Group Limited75–100%
- Corpacq Holdings Limited75–100%
- Corpacq Midco Limited75–100%
- Corpacq Limited75–100%
- Corpacq Finance Limited75–100%
- Qes Holdings Limited75–100%
- Qualitech Environmental Services Limited50–75%
- Ferrous Protection Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Friars 935 LimitedRev. £0 · Profit −£11.9k
- Tet Holdings LtdRev. — · Profit −£73.7k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Highland Metals LimitedMoray · Treatment and coating of metals
- Revenue
- £4.5m
- Profit
- £1.1m
- Staff
- 35
- Hyde Coatings LimitedStalybridge · Treatment and coating of metals
- Revenue
- £4.8m
- Profit
- £252k
- Staff
- 41
- Hardide PLCBicester · Treatment and coating of metals
- Revenue
- £6m
- Profit
- £178k
- Staff
- 30
- United Anodisers LimitedHuddersfield · Treatment and coating of metals
- Revenue
- £6.5m
- Profit
- £590k
- Staff
- 69
- Barley Chalu LimitedNorfolk · Treatment and coating of metals
- Revenue
- £6.9m
- Profit
- £665k
- Staff
- 50
- Twickenham Plating Group LimitedPoole · Treatment and coating of metals
- Revenue
- £7m
- Profit
- £1.4m
- Staff
- 55
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£275k), 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.