How much does T. Met Limited make?

T. Met Limited reported revenue of £35m and £76.1k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does T. Met Limited have?

T. Met Limited reported an average of 108 employees in the year to 31 Dec 2025.

Is T. Met Limited profitable?

Yes — T. Met Limited reported a profit of £76.1k in the year to 31 Dec 2025.

Company No. NI036781 · Incorporated 23 Aug 1999

T. Met Limited

Registered name: T. MET LIMITED

Part of Celmec Limited group

T. Met Limited made £35m revenue and £76.1k profit in the year to 31 Dec 2025. read from filing text

T. Met Limited’s revenue fell 9% to £35m in the year to 31 Dec 2025, with £76.1k profit and 108 employees. The company is classified under “recovery of sorted materials”; we hold 4 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 38320Recovery of sorted materials

Status: Active
Location: Northern Ireland
Age: 27 yrs · since 1999
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 company is a subsidiary of Celmec Limited, which is the immediate parent undertaking. The directors consider Celmec Limited to be the company's ultimate controlling party by virtue of its sharehol”

Latest accounts · year to 31 Dec 2025

Key figures

Boring industry

Revenue

£35m

Growth ▼9.1%

Profit

£76.1k

Growth ▼86.5%

Profit margin

0.2%

Gross 24%

Employees

108

Change ▲3.9%

Profit / employee

£704

Revenue/employee £324k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£47.1m	£40.7m	£38.6m	£35m
Cost of sales	£35.8m	£32m	£30.2m	£26.6m
Gross profit	£11.3m	£8.7m	£8.3m	£8.4m
Operating profit	£2.6m	£820k	£566k	£499k
Profit before tax	£2.6m	£800k	£536k	£454k
Profit after tax	£2.1m	£764k	£561k	£76.1k
Profit (best available)	£2.1m	£764k	£561k	£76.1k
Staff costs	£3.5m	£3.7m	£3.8m	£4.2m
Employees (average)	96	104	104	108
Ratios
Profit margin	4.4%	1.9%	1.5%	0.2%
Gross margin	24%	21.4%	21.6%	24%
Revenue per employee	£491k	£391k	£371k	£324k
Profit per employee	£21.7k	£7.3k	£5.4k	£704
Cash conversion	−198.3%	110%	−301.2%	—
Growth (year on year)
Revenue growth	—	▼13.6%	▼5.3%	▼9.1%
Profit growth	—	▼63.3%	▼26.5%	▼86.5%
Headcount growth	—	▲8.3%	0%	▲3.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.7m	£3.5m	£3.9m	£3.6m
Net assets	£10.7m	£11.1m	£11.4m	£11.4m
Fixed assets	£3.2m	£3.6m	£4.2m	£3.7m
Current assets	£13.3m	£12.9m	£13.4m	£13.6m
Debtors	£2m	£1.7m	£1.7m	£1.2m
Deferred income	£3.3m	£2.8m	£2.8m	£2.5m
Cash from operations	−£5.1m	£902k	−£1.7m	—
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 0.2%; Profit ÷ revenue.
Gross margin: 24%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £324k; Revenue ÷ average employees.
Profit per employee: £704; 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: 7.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.5%; 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: ▲1%; Now £11.4m
Cash at bank: ▼7%; Now £3.6m
Headcount: ▲4%; Now 108
Deferred income: ▼10%; Now £2.5m
Fixed assets: ▼12%; Now £3.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Celmec Limitedultimate parent75–100%
T. Met Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £76.1k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 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.