Richard Austin Alloys (Scotland) Limited
Registered name: RICHARD AUSTIN ALLOYS (SCOTLAND) LIMITED
Part of Richard Austin Alloys Holdings Limited groupRichard Austin Alloys (Scotland) Limited made £34.9m revenue and £877k profit in the year to 31 Mar 2025.
Richard Austin Alloys (Scotland) Limited’s revenue fell 7% to £34.9m in the year to 31 Mar 2025, with £877k profit and 39 employees. The company is classified under “wholesale of metals and metal ores” and is based in Glasgow; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 30 yrs · since 1996
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £39.9m | £43.3m | £37.6m | £34.9m |
| Cost of sales | £31.3m | £36.5m | £32m | £29.8m |
| Gross profit | £8.6m | £6.8m | £5.6m | £5.1m |
| Operating profit | £5.3m | £3.6m | £2.1m | £1.2m |
| Profit before tax | £5.3m | £3.6m | £2.1m | £1.2m |
| Profit after tax | £4.3m | £2.9m | £1.6m | £877k |
| Profit (best available) | £4.3m | £2.9m | £1.6m | £877k |
| Staff costs | £1.8m | £1.6m | £1.7m | £1.8m |
| Employees (average) | 37 | 38 | 40 | 39 |
| Ratios | ||||
| Profit margin | 10.7% | 6.6% | 4.2% | 2.5% |
| Gross margin | 21.5% | 15.7% | 14.8% | 14.5% |
| Revenue per employee | £1.1m | £1.1m | £940k | £895k |
| Profit per employee | £116k | £75.2k | £39.3k | £22.5k |
| Cash conversion | 22% | −140.5% | −42.4% | −26.1% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲8.6% | ▼13.1% | ▼7.2% |
| Profit growth | — | ▼33.3% | ▼45% | ▼44.2% |
| Headcount growth | — | ▲2.7% | ▲5.3% | ▼2.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £858 | £2m | £1.3m | £407k |
| Net assets | £13.5m | £15.5m | £16m | £16.2m |
| Fixed assets | £212k | £422k | £442k | £253k |
| Current assets | £25.7m | £25.2m | £29.6m | £25.1m |
| Debtors | £8.3m | £7.4m | £6m | £6.1m |
| Cash from operations | £1.2m | −£5.1m | −£895k | −£307k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 14.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £895k
- Revenue ÷ average employees.
- Profit per employee
- £22.5k
- Profit ÷ average employees.
- Cash conversion
- −26.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.4%
- 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 £16.2m
- Cash at bank
- ▼69%
- Now £407k
- Headcount
- ▼3%
- Now 39
- Deferred income
- —
- Now —
- Fixed assets
- ▼43%
- Now £253k
Group structure
Ownership chain
- Richard Austin Alloys Holdings Limitedultimate parent75–100%
- Richard Austin Alloys (Scotland) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Richard Austin Alloys (Northern) LimitedRev. £51m · Profit £585k
- Richard Austin Alloys (Midlands) LimitedRev. £44m · Profit £552k
- Richard Austin Alloys (North West) LimitedRev. £41.2m · Profit £419k
- Richard Austin Alloys (South East) LimitedRev. £32.4m · Profit £225k
- Richard Austin Alloys (South West) LimitedRev. £31.3m · Profit £254k
- Richard Austin Alloys LimitedRev. £950k · Profit −£100k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Kocaer Steel UK LimitedCardiff · Wholesale of metals and metal ores
- Revenue
- £32.4m
- Profit
- £854k
- Staff
- 10
- Richard Austin Alloys (South East) LimitedGlasgow · Wholesale of metals and metal ores
- Revenue
- £32.4m
- Profit
- £225k
- Staff
- 37
- Metelec LimitedWolverhampton · Wholesale of metals and metal ores
- Revenue
- £31.3m
- Profit
- £534k
- Staff
- 42
- Richard Austin Alloys (South West) LimitedIndustrial Estate · Wholesale of metals and metal ores
- Revenue
- £31.3m
- Profit
- £254k
- Staff
- 41
- Premier Steel Stockholding LimitedBlackburn · Wholesale of metals and metal ores
- Revenue
- £30.2m
- Profit
- £233k
- Staff
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- Holme Dodsworth Metals LimitedWholesale of metals and metal ores
- Revenue
- £41.1m
- Profit
- £2.4m
- Staff
- 155
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £877k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.