How much does Befab Limited make?

Befab Limited reported revenue of £11.7m and £1.1m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Befab Limited have?

Befab Limited reported an average of 32 employees in the year to 31 Mar 2025.

Is Befab Limited profitable?

Yes — Befab Limited reported a profit of £1.1m in the year to 31 Mar 2025.

Company No. NI022447 · Incorporated 9 Mar 1989

Befab Limited

Registered name: BEFAB LIMITED

Befab Limited made £11.7m revenue and £1.1m profit in the year to 31 Mar 2025. read from filing text

Befab Limited’s revenue fell 3% to £11.7m in the year to 31 Mar 2025, with £1.1m profit and 32 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Belfast; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 25990Manufacture of other fabricated metal products n.e.c.

Status: Active
Location: Belfast, Northern Ireland
Age: 37 yrs · since 1989
Type: Private Limited Company

Latest accounts · year to 31 Mar 2025

Key figures

IndependentCash flow filed

Revenue

£11.7m

Growth ▼2.9%

Profit

£1.1m

Growth ▼7.8%

Profit margin

9.4%

Gross 21.2%

Employees

Change ▲3.2%

Profit / employee

£34.3k

Revenue/employee £364k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£13.5m	£11.8m	£12m	£11.7m
Cost of sales	£11m	£9.9m	£9.5m	£9.2m
Gross profit	£2.5m	£1.9m	£2.5m	£2.5m
Operating profit	£1.9m	£1.1m	£1.6m	£1.4m
Profit before tax	£1.9m	£1.2m	£1.6m	£1.5m
Profit after tax	£1.5m	£959k	£1.2m	£1.1m
Profit (best available)	£1.5m	£959k	£1.2m	£1.1m
Staff costs	£882k	£864k	£1m	£1.2m
Employees (average)	30	30	31	32
Ratios
Profit margin	11.3%	8.1%	9.9%	9.4%
Gross margin	18.7%	16.1%	21.1%	21.2%
Revenue per employee	£451k	£393k	£387k	£364k
Profit per employee	£51k	£32k	£38.4k	£34.3k
Cash conversion	−40.4%	33.2%	−136%	−210.8%
Growth (year on year)
Revenue growth	—	▼12.9%	▲1.8%	▼2.9%
Profit growth	—	▼37.3%	▲24.1%	▼7.8%
Headcount growth	—	0%	▲3.3%	▲3.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.4m	£1.3m	£2.4m	£3.1m
Net assets	£4.7m	£5.4m	£6.3m	£7.1m
Fixed assets	£487k	£521k	£1m	£2.6m
Current assets	£7.8m	£7.8m	£7.3m	£7.1m
Debtors	£1.9m	£1.7m	£1.9m	£1.8m
Deferred income	£95.6k	£24.2k	£37k	£32.5k
Cash from operations	−£761k	£382k	−£2.2m	−£3m
Source	Accounts · bulk data Feb 2024	Accounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 9.4%; Profit ÷ revenue.
Gross margin: 21.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £364k; Revenue ÷ average employees.
Profit per employee: £34.3k; Profit ÷ average employees.
Cash conversion: −210.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 22.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.8%; 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: ▲13%; Now £7.1m
Cash at bank: ▲30%; Now £3.1m
Headcount: ▲3%; Now 32
Deferred income: ▼12%; Now £32.5k
Fixed assets: ▲153%; Now £2.6m

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

Subsidiaries (1)

Befab Profiles LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.1m), 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.