Fernite of Sheffield Limited
Registered name: FERNITE OF SHEFFIELD LIMITED
Part of Green Mill Industries Ltd groupFernite of Sheffield Limited made £5.1m revenue and £100k profit in the year to 31 Aug 2025.
Fernite of Sheffield Limited’s revenue fell 16% to £5.1m in the year to 31 Aug 2025, with £100k profit and 70 employees. The company is classified under “other manufacturing” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 30 yrs · since 1995
- 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 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £6.2m | £6m | £5.1m |
| Cost of sales | — | £3.8m | £4.2m | £3.4m |
| Gross profit | — | £2.4m | £1.8m | £1.6m |
| Operating profit | — | £623k | £113k | £28.7k |
| Profit before tax | — | £616k | £101k | £15.1k |
| Profit after tax | £587k | £538k | £116k | £100k |
| Profit (best available) | £587k | £538k | £116k | £100k |
| Staff costs | — | £2.3m | £2.5m | £2.4m |
| Employees (average) | 56 | 78 | 78 | 70 |
| Ratios | ||||
| Profit margin | — | 8.6% | 1.9% | 2% |
| Gross margin | — | 38.8% | 30.4% | 32% |
| Revenue per employee | — | £79.9k | £76.8k | £72.2k |
| Profit per employee | £10.5k | £6.9k | £1.5k | £1.4k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼3.9% | ▼15.7% |
| Profit growth | — | ▼8.3% | ▼78.5% | ▼13.7% |
| Headcount growth | — | ▲39.3% | 0% | ▼10.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £103k | £199k | £260k | £61.5k |
| Net assets | £3.3m | £3.8m | £3.9m | £4m |
| Fixed assets | £600k | £871k | £724k | £525k |
| Current assets | £4.3m | £4.8m | £4.6m | £5m |
| Debtors | £564k | £273k | £165k | £80.7k |
| Deferred income | £32k | £113k | £69.8k | £15.1k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 32%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £72.2k
- Revenue ÷ average employees.
- Profit per employee
- £1.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.6%
- 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
- ▲3%
- Now £4m
- Cash at bank
- ▼76%
- Now £61.5k
- Headcount
- ▼10%
- Now 70
- Deferred income
- ▼78%
- Now £15.1k
- Fixed assets
- ▼27%
- Now £525k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Green Mill Industries Ltdultimate parent75–100%
- Fernite of Sheffield Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Fernite Engineering LimitedFigures not disclosed
- Kennedy Grinding LimitedFigures not disclosed
- Thurlstone Property LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £100k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.