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Company No. SC208370 · Incorporated 21 Jun 2000

Promat BD Limited

Registered name: PROMAT BD LIMITED

Part of Mills & Reeve LLP group

Promat BD Limited made £17.6m revenue and £826k profit in the year to 31 Oct 2025. read from filing text

Promat BD Limited’s revenue was £17.6m in the year to 31 Oct 2025, with £826k profit and 88 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Glasgow; we hold 4 years of its filed accounts.

Status
Active
Location
Glasgow, Scotland
Age
26 yrs · since 2000
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: “The ultimate parent company is MTF Holding Limited, a company registered in England and Wales. Group financial statements are available from that company's registered office which is c/o CKCA Limited,”

Latest accounts · year to 31 Oct 2025

Key figures

Operating leverage
Revenue
£17.6m
Growth ▲0.3%
Profit
£826k
Growth ▲9%
Profit margin
4.7%
Gross 36.9%
Employees
88
Change ▲3.5%
Profit / employee
£9.4k
Revenue/employee £200k
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 Oct 202231 Oct 202331 Oct 202431 Oct 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£13.3m£17.2m£17.5m£17.6m
Cost of sales£7.7m£10.2m£10.7m£11.1m
Gross profit£5.6m£7m£6.8m£6.5m
Operating profit£924k£1.2m£1.1m£1.2m
Profit before tax£939k£1.3m£1.1m£1.2m
Profit after tax£682k£924k£758k£826k
Profit (best available)£682k£924k£758k£826k
Staff costs£2.5m£2.8m£2.9m£3m
Employees (average)80728588
Ratios
Profit margin5.1%5.4%4.3%4.7%
Gross margin42.3%40.7%39%36.9%
Revenue per employee£166k£239k£206k£200k
Profit per employee£8.5k£12.8k£8.9k£9.4k
Growth (year on year)
Revenue growth—▲29.2%▲1.8%▲0.3%
Profit growth—▲35.4%▼18%▲9%
Headcount growth—▼10%▲18.1%▲3.5%
Balance sheet — indirect signals, not revenue
Cash at bank£4.2m£4.5m£3m£4.1m
Net assets£5.3m£6.3m£6m£6.8m
Fixed assets£6.9m£6.5m£6.1m£5.6m
Current assets£9.2m£11m£7.8m£10.5m
Debtors£3.6m£5.1m£3m£5.1m
Deferred income£352k£470k£410k£359k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
4.7%
Profit ÷ revenue.
Gross margin
36.9%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£200k
Revenue ÷ average employees.
Profit per employee
£9.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
32%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
29.3%
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
▲14%
Now £6.8m
Cash at bank
▲34%
Now £4.1m
Headcount
▲4%
Now 88
Deferred income
▼12%
Now £359k
Fixed assets
▼8%
Now £5.6m

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

Ownership chain

  1. Mills & Reeve LLPultimate parent75–100%
  2. Mills & Reeve Trust Corporation Limited75–100%
  3. MTF Holding Limited75–100%
  4. Promat BD Limitedthis company

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

Sister companies (5)

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 Oct 2025 (profit £826k), from the Companies House accounts bulk data published Jul 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.