Steel Holdco Limited
Registered name: STEEL HOLDCO LIMITED
Steel Holdco Limited made £17.9m revenue and £1.3m profit in the year to 30 Jun 2025. read from filing text
Steel Holdco Limited’s revenue fell 11% to £17.9m in the year to 30 Jun 2025, with £1.3m profit and 75 employees. The company is classified under “activities of head offices” and is based in Enniskillen; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Enniskillen, Northern Ireland
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 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) | £18.1m | £24.9m | £20.1m | £17.9m |
| Cost of sales | £14.6m | £18.8m | £14.9m | £14.2m |
| Gross profit | £3.5m | £6m | £5.1m | £3.8m |
| Operating profit | £2.2m | £4.1m | £3.1m | £1.1m |
| Profit before tax | £2.2m | £4.1m | £3.3m | £1.5m |
| Profit after tax | £1.9m | £3.5m | £2.7m | £1.3m |
| Profit (best available) | £1.9m | £3.5m | £2.7m | £1.3m |
| Employees (average) | 78 | 76 | 75 | 75 |
| Ratios | ||||
| Profit margin | 10.7% | 14% | 13.5% | 7% |
| Gross margin | 19.2% | 24.3% | 25.6% | 20.9% |
| Revenue per employee | £232k | £327k | £268k | £239k |
| Profit per employee | £24.7k | £45.9k | £36k | £16.8k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲37.4% | ▼19.3% | ▼10.5% |
| Profit growth | — | ▲80.6% | ▼22.5% | ▼53.5% |
| Headcount growth | — | ▼2.6% | ▼1.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5.7m | £7.8m | £6.7m | £9.8m |
| Net assets | £8.4m | £9m | £12.1m | £12.2m |
| Fixed assets | £693k | £680k | £649k | £695k |
| Current assets | £9.2m | £12.2m | £14.3m | £15.4m |
| Debtors | £61.6k | £55k | £1m | £130k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 7%
- Profit ÷ revenue.
- Gross margin
- 20.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £239k
- Revenue ÷ average employees.
- Profit per employee
- £16.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.7%
- 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
- ▲1%
- Now £12.2m
- Cash at bank
- ▲45%
- Now £9.8m
- Headcount
- 0%
- Now 75
- Deferred income
- —
- Now —
- Fixed assets
- ▲7%
- Now £695k
Group structure
Subsidiaries (2)
- Steel Solutions (N.i.) LimitedRev. £17.9m · Profit £1.1m
- Tarkelt Investments LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £1.3m), from the Companies House accounts bulk data published Mar 2026. 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.