Hughes Steel Fabrication Ltd
Registered name: HUGHES STEEL FABRICATION LTD
Hughes Steel Fabrication Ltd made £10.7m revenue and £1.1m profit in the year to 30 Apr 2025.
Hughes Steel Fabrication Ltd’s revenue fell 9% to £10.7m in the year to 30 Apr 2025, with £1.1m profit and 74 employees. The company is classified under “construction of other civil engineering projects” and is based in Bellaghy; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bellaghy, Northern Ireland
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £11.8m | £10.7m |
| Cost of sales | — | — | £7.4m | £7.4m |
| Gross profit | — | — | £4.4m | £3.4m |
| Operating profit | — | — | £2.3m | £1.5m |
| Profit before tax | — | — | £2.3m | £1.4m |
| Profit after tax | — | — | £1.5m | £1.1m |
| Profit (best available) | — | — | £1.5m | £1.1m |
| Employees (average) | 57 | 70 | 75 | 74 |
| Ratios | ||||
| Profit margin | — | — | 13.1% | 10.1% |
| Gross margin | — | — | 37.6% | 31.4% |
| Revenue per employee | — | — | £157k | £145k |
| Profit per employee | — | — | £20.6k | £14.6k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼9.3% |
| Profit growth | — | — | — | ▼30% |
| Headcount growth | — | ▲22.8% | ▲7.1% | ▼1.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £382k | £991k | £1.4m | £2.3m |
| Net assets | £2.7m | £3.9m | £5.2m | £5.9m |
| Fixed assets | £1.8m | £2.3m | £3m | £2.5m |
| Current assets | £2.7m | £3.8m | £5.2m | £5.7m |
| Debtors | £1.8m | £2.1m | £2.7m | £2.4m |
| Source | AbridgedAccounts · bulk data Feb 2024 | AbridgedAccounts · bulk data Feb 2024 | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 10.1%
- Profit ÷ revenue.
- Gross margin
- 31.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- £14.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 23.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.5%
- 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
- ▲14%
- Now £5.9m
- Cash at bank
- ▲61%
- Now £2.3m
- Headcount
- ▼1%
- Now 74
- Deferred income
- —
- Now —
- Fixed assets
- ▼14%
- Now £2.5m
Similar profitable businesses
- Suttle Projects LimitedPoole · Construction of other civil engineering projects n.e.c.
- Revenue
- £10.5m
- Profit
- £113k
- Staff
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- Jennings Building & Civil Engineering LimitedColwyn Bay · Construction of other civil engineering projects n.e.c.
- Revenue
- £11m
- Profit
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- B H Construction Co. LimitedScunthorpe · Construction of other civil engineering projects n.e.c.
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- £10.4m
- Profit
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- C. Spratt Multiutility LtdGlasgow · Construction of other civil engineering projects n.e.c.
- Revenue
- £10.2m
- Profit
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- M.J. McBride Construction LtdMagherafelt · Construction of other civil engineering projects n.e.c.
- Revenue
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- Profit
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- Arm Pipetek LtdDurham · Construction of other civil engineering projects n.e.c.
- Revenue
- £11.4m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £1.1m), from the Companies House accounts bulk data published Apr 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.