Metal Technology Limited
Registered name: METAL TECHNOLOGY LIMITED
Metal Technology Limited made £24.3m revenue and £4.4m profit in the year to 31 Dec 2024. read from filing text
Metal Technology Limited’s revenue grew 9% to £24.3m in the year to 31 Dec 2024, with £4.4m profit and 81 employees. The company is classified under “manufacture of doors and windows of metal” and is based in Antrim; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Antrim, Northern Ireland
- Age
- 40 yrs · since 1985
- 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. From the filing: “The ultimate controlling party is Mr T B McKnight, a director of the 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 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £24.5m | £22.4m | £24.3m |
| Cost of sales | £12m | £10.8m | £12.1m |
| Gross profit | £12.5m | £11.6m | £12.2m |
| Operating profit | £6.1m | £5.2m | £5.3m |
| Profit before tax | £6.1m | £5.2m | £5.7m |
| Profit after tax | £5m | £4.1m | £4.4m |
| Profit (best available) | £5m | £4.1m | £4.4m |
| Staff costs | £4.2m | £4.1m | £4.7m |
| Employees (average) | 77 | 79 | 81 |
| Ratios | |||
| Profit margin | 20.3% | 18.4% | 18.1% |
| Gross margin | 50.9% | 51.7% | 50.2% |
| Revenue per employee | £318k | £283k | £301k |
| Profit per employee | £64.5k | £52.1k | £54.5k |
| Cash conversion | −88.9% | −106% | −131.4% |
| Growth (year on year) | |||
| Revenue growth | — | ▼8.6% | ▲8.9% |
| Profit growth | — | ▼17.1% | ▲7.2% |
| Headcount growth | — | ▲2.6% | ▲2.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6.6m | £7m | £9.5m |
| Net assets | £17.1m | £19m | £20.9m |
| Fixed assets | £7.3m | £7.6m | £7.9m |
| Current assets | £16.7m | £16.1m | £19.1m |
| Debtors | £5m | £5.4m | £5.8m |
| Deferred income | £612k | £664k | £851k |
| Cash from operations | −£5.5m | −£5.5m | −£6.9m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 18.1%
- Profit ÷ revenue.
- Gross margin
- 50.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £301k
- Revenue ÷ average employees.
- Profit per employee
- £54.5k
- Profit ÷ average employees.
- Cash conversion
- −131.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 32.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24%
- 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
- ▲10%
- Now £20.9m
- Cash at bank
- ▲36%
- Now £9.5m
- Headcount
- ▲3%
- Now 81
- Deferred income
- ▲28%
- Now £851k
- Fixed assets
- ▲3%
- Now £7.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- Garador LimitedSomerset · Manufacture of doors and windows of metal
- Revenue
- £26.1m
- Profit
- £1.6m
- Staff
- 125
- Strongdor LimitedCarnforth · Manufacture of doors and windows of metal
- Revenue
- £26.6m
- Profit
- £5.1m
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- Iq Glass Solutions LimitedAmersham · Manufacture of doors and windows of metal
- Revenue
- £22.2m
- Profit
- £4.6m
- Staff
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- Window Supply Company LtdWhitburn · Manufacture of doors and windows of metal
- Revenue
- £27.4m
- Profit
- £156k
- Staff
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- Pearl Window Systems LimitedSalford · Manufacture of doors and windows of metal
- Revenue
- £20.2m
- Profit
- £635k
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- Colorminium (London) LtdChelmsford · Manufacture of doors and windows of metal
- Revenue
- £35.6m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £4.4m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.