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Company No. 02128323 · Incorporated 6 May 1987

Asteelflash (Bedford) Limited

Registered name: ASTEELFLASH (BEDFORD) LIMITED

Asteelflash (Bedford) Limited made £16.6m revenue and £626k profit in the year to 31 Dec 2025. read from filing text

Asteelflash (Bedford) Limited’s revenue fell 5% to £16.6m in the year to 31 Dec 2025, with £626k profit and 109 employees. The company is classified under “manufacture of loaded electronic boards” and is based in Bedford; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26120Manufacture of loaded electronic boards
Status
Active
Location
Bedford, South East
Age
39 yrs · since 1987
Type
Private Limited Company
Latest accounts · year to 31 Dec 2025

Key figures

Independent
Revenue
£16.6m
Growth ▼5.2%
Profit
£626k
Growth ▼42%
Profit margin
3.8%
Gross 39.7%
Employees
109
Change ▼6%
Profit / employee
£5.7k
Revenue/employee £153k
Profitable streak
3yrs
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 Dec 202231 Dec 202331 Dec 202431 Dec 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)£19.5m£21.9m£17.5m£16.6m
Cost of sales£14.2m£14.1m£10.5m£10m
Gross profit£5.3m£7.9m£7m£6.6m
Operating profit−£134k£1.7m£1.3m£707k
Profit before tax−£239k£1.4m£1.1m£626k
Profit (best available)−£239k£1.4m£1.1m£626k
Staff costs£3.6m£4.7m£4m£4.6m
Employees (average)92114116109
Ratios
Profit margin−1.2%6.6%6.2%3.8%
Gross margin27.3%35.9%40.1%39.7%
Revenue per employee£212k£192k£151k£153k
Profit per employee−£2.6k£12.6k£9.3k£5.7k
Growth (year on year)
Revenue growth—▲12.4%▼20%▼5.2%
Profit growth——▼24.8%▼42%
Headcount growth—▲23.9%▲1.8%▼6%
Balance sheet — indirect signals, not revenue
Cash at bank£1.5m£2.1m£3.1m£3.7m
Net assets£2.3m£3.4m£4.2m£4.7m
Debtors—£6.8m£4.4m£3.9m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.8%
Profit ÷ revenue.
Gross margin
39.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£153k
Revenue ÷ average employees.
Profit per employee
£5.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
23.3%
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
▲11%
Now £4.7m
Cash at bank
▲19%
Now £3.7m
Headcount
▼6%
Now 109
Deferred income
—
Now —
Fixed assets
—
Now —
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £626k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 19 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.