How much does Lowmac Alloys Limited make?

Lowmac Alloys Limited reported revenue of £20.1m and £810k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Lowmac Alloys Limited have?

Lowmac Alloys Limited reported an average of 78 employees in the year to 31 May 2025.

Is Lowmac Alloys Limited profitable?

Yes — Lowmac Alloys Limited reported a profit of £810k in the year to 31 May 2025.

Company No. SC052151 · Incorporated 8 Jan 1973

Lowmac Alloys Limited

Registered name: LOWMAC ALLOYS LIMITED

Part of Lowmac Alloys Holdings Limited group

Lowmac Alloys Limited made £20.1m revenue and £810k profit in the year to 31 May 2025.

Lowmac Alloys Limited’s revenue fell 5% to £20.1m in the year to 31 May 2025, with £810k profit and 78 employees. The company is classified under “collection of non-hazardous waste”; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38110Collection of non-hazardous waste

Status: Active
Location: Scotland
Age: 53 yrs · since 1973
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. From the filing: “Lowmac Alloys Holdings Limited”

Latest accounts · year to 31 May 2025

Key figures

Boring industryCash flow filed

Revenue

£20.1m

Growth ▼5.3%

Profit

£810k

Growth ▲3.3%

Profit margin

Gross 32.3%

Employees

Change ▼7.1%

Profit / employee

£10.4k

Revenue/employee £258k

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 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.8m	£22.3m	£21.3m	£20.1m
Cost of sales	£14.7m	£15m	£14.6m	£13.6m
Gross profit	£7.2m	£7.3m	£6.7m	£6.5m
Operating profit	£2.9m	£2.2m	£1.1m	£1m
Profit before tax	£6.1m	£2.2m	£1.1m	£1.1m
Profit after tax	£4.9m	£1.7m	£784k	£810k
Profit (best available)	£4.9m	£1.7m	£784k	£810k
Staff costs	£3.3m	£3.2m	£3.5m	£3.5m
Employees (average)	94	82	84	78
Ratios
Profit margin	22.5%	7.6%	3.7%	4%
Gross margin	32.9%	32.8%	31.4%	32.3%
Revenue per employee	£232k	£272k	£253k	£258k
Profit per employee	£52.3k	£20.6k	£9.3k	£10.4k
Cash conversion	−265.4%	−103.7%	−328%	−350%
Growth (year on year)
Revenue growth	—	▲2.1%	▼4.6%	▼5.3%
Profit growth	—	▼65.6%	▼53.6%	▲3.3%
Headcount growth	—	▼12.8%	▲2.4%	▼7.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£10.8m	£9m	£10.6m	£13.5m
Net assets	£19.1m	£19.7m	£20.5m	£21.3m
Fixed assets	£7.8m	£8.3m	£8.4m	£7.7m
Current assets	£16.5m	£15m	£15.8m	£17.3m
Debtors	£4.6m	£5.2m	£4.4m	£3.1m
Cash from operations	−£7.8m	−£2.2m	−£3.5m	−£3.5m
Source	FullAccounts · bulk data May 2024	FullAccounts · bulk data May 2024	FullAccounts · bulk data Feb 2025	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 32.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £258k; Revenue ÷ average employees.
Profit per employee: £10.4k; Profit ÷ average employees.
Cash conversion: −350%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 38%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.2%; 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: ▲4%; Now £21.3m
Cash at bank: ▲27%; Now £13.5m
Headcount: ▼7%; Now 78
Deferred income: —; Now —
Fixed assets: ▼9%; Now £7.7m

Corporate ownership

Group structure

Ownership chain

Lowmac Alloys Holdings Limitedultimate parent75–100%
Alex. Smith Metals Limited75–100%
Lowmac Alloys Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £810k), from the Companies House accounts bulk data published Feb 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.