Steel Solutions (N.i.) Limited
Registered name: STEEL SOLUTIONS (N.I.) LIMITED
Part of Steel Holdco Limited groupSteel Solutions (N.i.) Limited made £17.9m revenue and £1.1m profit in the year to 30 Jun 2025. read from filing text
Steel Solutions (N.i.) Limited’s revenue fell 11% to £17.9m in the year to 30 Jun 2025, with £1.1m profit and 73 employees. The company is classified under “other manufacturing” and is based in Lisnaskea; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Lisnaskea, Northern Ireland
- Age
- 27 yrs · since 1998
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Profit & lossread from filing text | Profit & lossread from filing text | Profit & lossread from filing text | Profit & lossread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £18.1m | £24.8m | £20m | £17.9m |
| Cost of sales | £14.6m | £18.9m | £14.9m | £14.2m |
| Gross profit | £3.4m | £5.9m | £5.1m | £3.7m |
| Operating profit | £2.2m | £3.3m | £3.1m | £1.2m |
| Profit before tax | £2.2m | £3.3m | £3.1m | £1.3m |
| Profit after tax | £1.9m | £2.8m | £2.6m | £1.1m |
| Profit (best available) | £1.9m | £2.8m | £2.6m | £1.1m |
| Employees (average) | 76 | 73 | 73 | 73 |
| Ratios | ||||
| Profit margin | 10.4% | 11.3% | 12.9% | 6.2% |
| Gross margin | 19.1% | 23.8% | 25.5% | 20.6% |
| Revenue per employee | £238k | £340k | £274k | £245k |
| Profit per employee | £24.7k | £38.6k | £35.4k | £15.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲37.5% | ▼19.4% | ▼10.7% |
| Profit growth | — | ▲49.8% | ▼8.2% | ▼56.9% |
| Headcount growth | — | ▼4% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £1.7m | £3.1m | £1.9m |
| Net assets | £340k | £693k | £4.3m | £4.4m |
| Fixed assets | £1.2m | £1.1m | £1.1m | £1.1m |
| Current assets | £9.4m | £13.6m | £9.3m | £9m |
| Debtors | £321k | £35.3k | £362k | £4.5k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 6.2%
- Profit ÷ revenue.
- Gross margin
- 20.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £245k
- Revenue ÷ average employees.
- Profit per employee
- £15.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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 £4.4m
- Cash at bank
- ▼39%
- Now £1.9m
- Headcount
- 0%
- Now 73
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £1.1m
Group structure
Ownership chain
- Steel Holdco Limitedultimate parent75–100%
- Steel Solutions (N.i.) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Tarkelt Investments LimitedFigures 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 30 Jun 2025 (profit £1.1m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026