Bright Steels Limited
Registered name: BRIGHT STEELS LIMITED
Bright Steels Limited made £15.5m revenue and a £467k loss in the year to 31 Dec 2025.
Bright Steels Limited’s revenue fell 15% to £15.5m in the year to 31 Dec 2025, with a loss of £467k and 79 employees. The company is classified under “cold drawing of bars” and is based in North Yorkshire; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- North Yorkshire, Yorkshire and The Humber
- Age
- 107 yrs · since 1919
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £23.3m | £21.1m | £18.2m | £15.5m |
| Cost of sales | £16.4m | £16.1m | £13.6m | £12.1m |
| Gross profit | £6.9m | £5m | £4.6m | £3.4m |
| Operating profit | £2.2m | £604k | £368k | −£618k |
| Profit before tax | £2.2m | £606k | £387k | −£604k |
| Profit after tax | £1.8m | £460k | £263k | −£467k |
| Profit (best available) | £1.8m | £460k | £263k | −£467k |
| Staff costs | £3.9m | £3.7m | £3.7m | £3.5m |
| Employees (average) | 70 | 73 | 74 | 79 |
| Ratios | ||||
| Profit margin | 7.6% | 2.2% | 1.4% | −3% |
| Gross margin | 29.7% | 23.6% | 25.3% | 21.7% |
| Revenue per employee | £333k | £289k | £246k | £196k |
| Profit per employee | £25.2k | £6.3k | £3.5k | −£5.9k |
| Cash conversion | 22.6% | 273% | 292.9% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼9.5% | ▼13.7% | ▼14.8% |
| Profit growth | — | ▼73.9% | ▼43% | ▼277.6% |
| Headcount growth | — | ▲4.3% | ▲1.4% | ▲6.8% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £670k | £1.5m | £1.2m | £961k |
| Net assets | £12.9m | £13m | £12.8m | £12.1m |
| Fixed assets | £4.3m | £4.3m | £5.1m | £4.9m |
| Current assets | £15.2m | £12.7m | £11.3m | £11m |
| Debtors | £4.4m | £3.7m | £3.9m | £3.5m |
| Cash from operations | £496k | £1.6m | £1.1m | £48.9k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- −3%
- Profit ÷ revenue.
- Gross margin
- 21.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £196k
- Revenue ÷ average employees.
- Profit per employee
- −£5.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 31.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.7%
- 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
- ▼5%
- Now £12.1m
- Cash at bank
- ▼19%
- Now £961k
- Headcount
- ▲7%
- Now 79
- Deferred income
- —
- Now —
- Fixed assets
- ▼3%
- Now £4.9m
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£467k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 11 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.