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Company No. NI005683 · Incorporated 5 Sep 1963

Sperrin Metal Products Limited

Registered name: SPERRIN METAL PRODUCTS LIMITED

Part of Tierco Group Limited group

Sperrin Metal Products Limited made £10.8m revenue and £2m profit in the year to 31 Dec 2025.

Sperrin Metal Products Limited’s revenue grew 2% to £10.8m in the year to 31 Dec 2025, with £2m profit and 83 employees. The company is classified under “manufacture of metal structures and parts of structures” and is based in Draperstown,; we hold 4 years of its filed accounts.

Status
Active
Location
Draperstown,, Northern Ireland
Age
63 yrs · since 1963
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-lightOperating leverage
Revenue
£10.8m
Growth ▲2.4%
Profit
£2m
Growth ▲78.5%
Profit margin
18.9%
Gross 25.7%
Employees
83
Change 0%
Profit / employee
£24.6k
Revenue/employee £130k
Profitable streak
4yrs
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£16.3m£16.7m£10.6m£10.8m
Cost of sales£13.7m£12.4m£7.5m£8m
Gross profit£2.6m£4.3m£3.1m£2.8m
Operating profit£1.4m£3.1m£1.3m£253k
Profit before tax£1.5m£3.1m£1.4m£2.1m
Profit after tax£1.2m£2.4m£1.1m£2m
Profit (best available)£1.2m£2.4m£1.1m£2m
Employees (average)84878383
Ratios
Profit margin7.2%14.4%10.8%18.9%
Gross margin15.9%25.6%29.2%25.7%
Revenue per employee£194k£192k£127k£130k
Profit per employee£14k£27.6k£13.8k£24.6k
Growth (year on year)
Revenue growth—▲2.6%▼36.8%▲2.4%
Profit growth—▲104.5%▼52.3%▲78.5%
Headcount growth—▲3.6%▼4.6%0%
Balance sheet — indirect signals, not revenue
Cash at bank£5.3m£5.7m£5.1m£879k
Net assets£6.6m£7.5m£8.1m£1.7m
Fixed assets£2.3m£2.6m£2.4m£797k
Current assets£9.1m£8.6m£7.7m£2.8m
Debtors£2m£1.4m£1.2m£1.1m
Deferred income£1.2m£487k£151k£409k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
18.9%
Profit ÷ revenue.
Gross margin
25.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£130k
Revenue ÷ average employees.
Profit per employee
£24.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.1%
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
▼79%
Now £1.7m
Cash at bank
▼83%
Now £879k
Headcount
0%
Now 83
Deferred income
▲171%
Now £409k
Fixed assets
▼67%
Now £797k

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

  1. Tierco Group Limitedultimate parent75–100%
  2. Sperrin Metal Holdings Limited75–100%
  3. Sperrin Metal Products Limitedthis company

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

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 16 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.