How much does Richard Austin Alloys (Midlands) Limited make?

Richard Austin Alloys (Midlands) Limited reported revenue of £44m and £552k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Richard Austin Alloys (Midlands) Limited have?

Richard Austin Alloys (Midlands) Limited reported an average of 47 employees in the year to 31 Mar 2025.

Is Richard Austin Alloys (Midlands) Limited profitable?

Yes — Richard Austin Alloys (Midlands) Limited reported a profit of £552k in the year to 31 Mar 2025.

Company No. SC167377 · Incorporated 30 Jul 1996

Richard Austin Alloys (Midlands) Limited

Registered name: RICHARD AUSTIN ALLOYS (MIDLANDS) LIMITED

Part of Richard Austin Alloys Holdings Limited group

Richard Austin Alloys (Midlands) Limited made £44m revenue and £552k profit in the year to 31 Mar 2025.

Richard Austin Alloys (Midlands) Limited’s revenue fell 4% to £44m in the year to 31 Mar 2025, with £552k profit and 47 employees. The company is classified under “wholesale of metals and metal ores” and is based in Glasgow; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46720Wholesale of metals and metal ores

Status: Active
Location: Glasgow, Scotland
Age: 30 yrs · since 1996
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 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£44m

Growth ▼4.1%

Profit

£552k

Growth ▼36%

Profit margin

1.3%

Gross 11.6%

Employees

Change ▲4.4%

Profit / employee

£11.8k

Revenue/employee £936k

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&L	Full P&L
Profit & loss
Revenue (turnover)	£60.1m	£53.1m	£45.9m	£44m
Cost of sales	£47.9m	£46.9m	£40.6m	£38.9m
Gross profit	£12.2m	£6.1m	£5.2m	£5.1m
Operating profit	£8.3m	£1.8m	£1.2m	£733k
Profit before tax	£8.2m	£1.8m	£1.2m	£737k
Profit after tax	£6.6m	£1.4m	£863k	£552k
Profit (best available)	£6.6m	£1.4m	£863k	£552k
Staff costs	£1.9m	£2m	£1.9m	£2m
Employees (average)	41	41	45	47
Ratios
Profit margin	11.1%	2.7%	1.9%	1.3%
Gross margin	20.3%	11.6%	11.4%	11.6%
Revenue per employee	£1.5m	£1.3m	£1m	£936k
Profit per employee	£162k	£35k	£19.2k	£11.8k
Cash conversion	−11.7%	−286%	−221.5%	340.1%
Growth (year on year)
Revenue growth	—	▼11.7%	▼13.6%	▼4.1%
Profit growth	—	▼78.4%	▼39.9%	▼36%
Headcount growth	—	0%	▲9.8%	▲4.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£23	£2.3m	£3.8m	£643k
Net assets	£11.8m	£11.9m	£12.2m	£12.4m
Fixed assets	£167k	£453k	£434k	£435k
Current assets	£28.2m	£22.6m	£23.1m	£20.2m
Debtors	£14m	£8.7m	£8.4m	£7.9m
Cash from operations	−£967k	−£5.2m	−£2.6m	£2.5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 11.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £936k; Revenue ÷ average employees.
Profit per employee: £11.8k; Profit ÷ average employees.
Cash conversion: 340.1%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18%; 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: ▲2%; Now £12.4m
Cash at bank: ▼83%; Now £643k
Headcount: ▲4%; Now 47
Deferred income: —; Now —
Fixed assets: ▲0%; Now £435k

Corporate ownership

Group structure

Ownership chain

Richard Austin Alloys Holdings Limitedultimate parent75–100%
Richard Austin Alloys (Midlands) Limitedthis company

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

Sister companies (6)

Richard Austin Alloys (Northern) LimitedRev. £51m · Profit £585k
Richard Austin Alloys (North West) LimitedRev. £41.2m · Profit £419k
Richard Austin Alloys (Scotland) LimitedRev. £34.9m · Profit £877k
Richard Austin Alloys (South East) LimitedRev. £32.4m · Profit £225k
Richard Austin Alloys (South West) LimitedRev. £31.3m · Profit £254k
Richard Austin Alloys LimitedRev. £950k · Profit −£100k

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 £552k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 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.