Benbow Steels Group Limited
Registered name: BENBOW STEELS GROUP LIMITED
Benbow Steels Group Limited made £15.4m revenue and a £2.6m loss in the year to 29 Nov 2024.
Benbow Steels Group Limited’s revenue was £15.4m in the year to 29 Nov 2024, with a loss of £2.6m. The company is classified under “activities of other holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 4 yrs · since 2022
- Type
- Private Limited Company
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 | 29 Nov 2023 | 30 Nov 2023 | 29 Nov 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £20.3m | £20.3m | £15.4m |
| Cost of sales | £17.8m | £17.8m | £13.8m |
| Gross profit | £2.5m | £2.5m | £1.7m |
| Operating profit | £645k | £645k | −£2.5m |
| Profit before tax | £531k | £531k | −£2.6m |
| Profit after tax | £399k | £399k | −£2.6m |
| Profit (best available) | £399k | £399k | −£2.6m |
| Employees (average) | — | 0 | — |
| Ratios | |||
| Profit margin | 2% | 2% | −16.7% |
| Gross margin | 12.3% | 12.3% | 10.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £250k | — |
| Net assets | — | £464k | — |
| Fixed assets | — | £5.4m | — |
| Current assets | — | £250k | — |
| Debtors | — | £0 | — |
| Deferred income | — | £0 | — |
| Source | Accounts · bulk data Dec 2025 | FullAccounts · bulk data Jul 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −16.7%
- Profit ÷ revenue.
- Gross margin
- 10.8%
- 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
Subsidiaries (1)
- Benbow Steels LimitedLiquidationRev. £20.3m · Profit £435k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Nov 2024 (profit −£2.6m), from the Companies House accounts bulk data published Dec 2025. 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.