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Company No. 15272894 · Incorporated 9 Nov 2023

Mettech Ltd

Registered name: METTECH LTD

Mettech Ltd made £51.6m revenue and £25.5k profit in the year to 30 Nov 2024.

Mettech Ltd’s revenue was £51.6m in the year to 30 Nov 2024, with £25.5k profit and 12 employees. The company is classified under “non-specialised wholesale trade” and is based in Birmingham.

Status
Active
Location
Birmingham, West Midlands
Age
2 yrs · since 2023
Type
Private Limited Company
Latest accounts · year to 30 Nov 2024

Key figures

IndependentCapital-lightYoung and profitable
Revenue
£51.6m
Growth —
Profit
£25.5k
Growth —
Profit margin
0.1%
Gross 2.8%
Employees
12
Change —
Profit / employee
£2.1k
Revenue/employee £4.3m
Profitable streak
1yr
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to30 Nov 2024
DisclosureFull P&L
Profit & loss
Revenue (turnover)£51.6m
Cost of sales£50.2m
Gross profit£1.5m
Operating profit£25.5k
Profit before tax£25.5k
Profit after tax£25.5k
Profit (best available)£25.5k
Employees (average)12
Ratios
Profit margin0.1%
Gross margin2.8%
Revenue per employee£4.3m
Profit per employee£2.1k
Balance sheet — indirect signals, not revenue
Cash at bank£115k
Net assets£364k
Fixed assets£213k
Current assets£304k
Debtors£126k
SourceFullAccounts · bulk data Aug 2025
Derived from the latest filing

How the business works

Profit margin
0.1%
Profit ÷ revenue.
Gross margin
2.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£4.3m
Revenue ÷ average employees.
Profit per employee
£2.1k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.2%
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 £364k
Cash at bank
—
Now £115k
Headcount
—
Now 12
Deferred income
—
Now —
Fixed assets
—
Now £213k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £25.5k), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 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.