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.
- Status
- Active
- Location
- Bedford, South East
- Age
- 39 yrs · since 1987
- 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&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full 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) | 92 | 114 | 116 | 109 |
| Ratios | ||||
| Profit margin | −1.2% | 6.6% | 6.2% | 3.8% |
| Gross margin | 27.3% | 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 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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 —
Similar profitable businesses
- Tioga LimitedDerby · Manufacture of loaded electronic boards
- Revenue
- £17.8m
- Profit
- £704k
- Staff
- 130
- Phoenix Systems UK LimitedFareham · Manufacture of loaded electronic boards
- Revenue
- £15.2m
- Profit
- £1.5m
- Staff
- 115
- Kelvinside Electronics LimitedStrathclyde · Manufacture of loaded electronic boards
- Revenue
- £13.9m
- Profit
- £733k
- Staff
- 57
- Osi Electronics (UK) LtdLondon · Manufacture of loaded electronic boards
- Revenue
- £24.7m
- Profit
- £2.9m
- Staff
- 109
- Techpoint Electronic Solutions LimitedBasingstoke · Manufacture of loaded electronic boards
- Revenue
- £11m
- Profit
- £3.3m
- Staff
- 61
- Diamond Electronics LimitedSmallwood Near Sandbach · Manufacture of loaded electronic boards
- Revenue
- £8.7m
- Profit
- £178k
- Staff
- 55
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.