Skip to content
CompanySight
Company No. NI018949 · Incorporated 15 Nov 1985

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.

Full P&L filedSection C · ManufacturingSIC 25120Manufacture of doors and windows of metal
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.”

Latest accounts · year to 31 Dec 2024

Key figures

Cash flow filed
Revenue
£24.3m
Growth ▲8.9%
Profit
£4.4m
Growth ▲7.2%
Profit margin
18.1%
Gross 50.2%
Employees
81
Change ▲2.5%
Profit / employee
£54.5k
Revenue/employee £301k
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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 2024
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull 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)777981
Ratios
Profit margin20.3%18.4%18.1%
Gross margin50.9%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
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Oct 2025
Derived from the latest filing

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.
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
▲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.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.