Soilmec Limited
Registered name: SOILMEC LIMITED
Soilmec Limited made £3.9m revenue and £16.2k profit in the year to 31 Dec 2025.
Soilmec Limited’s revenue fell 58% to £3.9m in the year to 31 Dec 2025, with £16.2k profit and 15 employees. The company is classified under “manufacture of machinery for mining” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- 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&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £20.4m | £9.8m | £9.4m | £3.9m |
| Cost of sales | £15.6m | £7.6m | −£8m | −£2.8m |
| Gross profit | £4.8m | £2.3m | £1.4m | £1.2m |
| Operating profit | £3.2m | £1.1m | £142k | £37.9k |
| Profit before tax | £3.4m | £1.3m | £593k | £129k |
| Profit after tax | £2.8m | £925k | £354k | £16.2k |
| Profit (best available) | £2.8m | £925k | £354k | £16.2k |
| Staff costs | £1m | £938k | — | — |
| Employees (average) | 18 | 18 | 16 | 15 |
| Ratios | ||||
| Profit margin | 13.6% | 9.4% | 3.8% | 0.4% |
| Gross margin | 23.5% | 23.1% | 14.8% | 29.8% |
| Revenue per employee | £1.1m | £545k | £588k | £262k |
| Profit per employee | £154k | £51.4k | £22.1k | £1.1k |
| Cash conversion | 147.5% | −120.3% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼51.9% | ▼4.2% | ▼58.3% |
| Profit growth | — | ▼66.7% | ▼61.7% | ▼95.4% |
| Headcount growth | — | 0% | ▼11.1% | ▼6.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2m | £985k | — | — |
| Net assets | — | — | — | — |
| Fixed assets | £1.2m | £1.1m | — | — |
| Debtors | £847k | £1.3m | — | — |
| Cash from operations | £4.7m | −£1.3m | — | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | Accounts · bulk data Jul 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 29.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £262k
- Revenue ÷ average employees.
- Profit per employee
- £1.1k
- 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
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼6%
- Now 15
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Rapid International LimitedCo Armagh · Manufacture of machinery for mining
- Revenue
- £11.4m
- Profit
- £710k
- Staff
- 62
- Red Rhino Crushers (UK) LimitedGrantham · Manufacture of equipment for concrete crushing and screening and roadworks
- Revenue
- £5.2m
- Profit
- £549k
- Staff
- 17
- Porta-Fill International LimitedDungannon · Manufacture of equipment for concrete crushing and screening and roadworks
- Revenue
- £9.3m
- Profit
- £456k
- Staff
- 45
- Auger Torque Europe LimitedCheltenham · Manufacture of earthmoving equipment
- Revenue
- £10.8m
- Profit
- £3.7m
- Staff
- 32
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £16.2k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 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.