Richard Austin Alloys (South East) Limited
Registered name: RICHARD AUSTIN ALLOYS (SOUTH EAST) LIMITED
Part of Richard Austin Alloys Holdings Limited groupRichard Austin Alloys (South East) Limited made £32.4m revenue and £225k profit in the year to 31 Mar 2025.
Richard Austin Alloys (South East) Limited’s revenue fell 1% to £32.4m in the year to 31 Mar 2025, with £225k profit and 37 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.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 10 yrs · since 2015
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| 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) | £36.1m | £38.3m | £32.8m | £32.4m |
| Cost of sales | £28.5m | £33.3m | £28.8m | £28.4m |
| Gross profit | £7.6m | £5m | £4m | £4m |
| Operating profit | £4.3m | £1.6m | £522k | £306k |
| Profit before tax | £4.3m | £1.6m | £514k | £301k |
| Profit after tax | £3.5m | £1.3m | £384k | £225k |
| Profit (best available) | £3.5m | £1.3m | £384k | £225k |
| Staff costs | £1.8m | £1.7m | £1.6m | £1.6m |
| Employees (average) | 36 | 36 | 41 | 37 |
| Ratios | ||||
| Profit margin | 9.8% | 3.4% | 1.2% | 0.7% |
| Gross margin | 21% | 12.9% | 12.2% | 12.3% |
| Revenue per employee | £1m | £1.1m | £800k | £875k |
| Profit per employee | £98k | £36.5k | £9.4k | £6.1k |
| Cash conversion | −28.6% | −107.7% | −308.7% | 206% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6% | ▼14.2% | ▼1.3% |
| Profit growth | — | ▼62.8% | ▼70.8% | ▼41.4% |
| Headcount growth | — | 0% | ▲13.9% | ▼9.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £48.9k | £634k | £1.5m | £477k |
| Net assets | £4.6m | £5.4m | £5.3m | £5.5m |
| Fixed assets | £129k | £267k | £264k | £351k |
| Current assets | £19m | £13.5m | £13.9m | £12m |
| Debtors | £8.1m | £5.7m | £5.4m | £5m |
| Cash from operations | −£1.2m | −£1.7m | −£1.6m | £630k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.7%
- Profit ÷ revenue.
- Gross margin
- 12.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £875k
- Revenue ÷ average employees.
- Profit per employee
- £6.1k
- Profit ÷ average employees.
- Cash conversion
- 206%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.5%
- 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
- ▲4%
- Now £5.5m
- Cash at bank
- ▼68%
- Now £477k
- Headcount
- ▼10%
- Now 37
- Deferred income
- —
- Now —
- Fixed assets
- ▲33%
- Now £351k
Group structure
Ownership chain
- Richard Austin Alloys Holdings Limitedultimate parent75–100%
- Richard Austin Alloys (South East) 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 (Midlands) LimitedRev. £44m · Profit £552k
- Richard Austin Alloys (North West) LimitedRev. £41.2m · Profit £419k
- Richard Austin Alloys (Scotland) LimitedRev. £34.9m · Profit £877k
- 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).
Similar profitable businesses
- Kocaer Steel UK LimitedCardiff · Wholesale of metals and metal ores
- Revenue
- £32.4m
- Profit
- £854k
- Staff
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- Metelec LimitedWolverhampton · Wholesale of metals and metal ores
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- Richard Austin Alloys (South West) LimitedIndustrial Estate · Wholesale of metals and metal ores
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- £31.3m
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- Premier Steel Stockholding LimitedBlackburn · Wholesale of metals and metal ores
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- £30.2m
- Profit
- £233k
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- Richard Austin Alloys (Scotland) LimitedGlasgow · Wholesale of metals and metal ores
- Revenue
- £34.9m
- Profit
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- European Steel Sheets LimitedBirmingham · Wholesale of metals and metal ores
- Revenue
- £26.9m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £225k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 14 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.