How much does Imet Alloys (Europe) Limited make?

Imet Alloys (Europe) Limited reported revenue of £7.2m and £114k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Imet Alloys (Europe) Limited have?

Imet Alloys (Europe) Limited reported an average of 26 employees in the year to 31 Dec 2024.

Is Imet Alloys (Europe) Limited profitable?

Yes — Imet Alloys (Europe) Limited reported a profit of £114k in the year to 31 Dec 2024.

Company No. SC497043 · Incorporated 5 Feb 2015

Imet Alloys (Europe) Limited

Registered name: IMET ALLOYS (EUROPE) LIMITED

Part of Imet Alloys Group Limited group

Imet Alloys (Europe) Limited made £7.2m revenue and £114k profit in the year to 31 Dec 2024.

Imet Alloys (Europe) Limited’s revenue fell 23% to £7.2m in the year to 31 Dec 2024, with £114k profit and 26 employees. The company is classified under “recovery of sorted materials” and is based in Livingston; we hold 2 years of its filed accounts.

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

Status: Active
Location: Livingston, Scotland
Age: 11 yrs · since 2015
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.

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry

Revenue

£7.2m

Growth ▼22.7%

Profit

£114k

Growth ▼59.7%

Profit margin

1.6%

Gross 17.9%

Employees

Change ▲73.3%

Profit / employee

£4.4k

Revenue/employee £276k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£9.3m	£7.2m
Cost of sales	−£4.9m	−£5.9m
Gross profit	£4.4m	£1.3m
Operating profit	£479k	£140k
Profit before tax	£370k	£8.7k
Profit after tax	£283k	£114k
Profit (best available)	£283k	£114k
Employees (average)	15	26
Ratios
Profit margin	3%	1.6%
Gross margin	47.1%	17.9%
Revenue per employee	£619k	£276k
Profit per employee	£18.9k	£4.4k
Growth (year on year)
Revenue growth	—	▼22.7%
Profit growth	—	▼59.7%
Headcount growth	—	▲73.3%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 1.6%; Profit ÷ revenue.
Gross margin: 17.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £276k; Revenue ÷ average employees.
Profit per employee: £4.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲73%; Now 26
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Imet Alloys Group Limitedultimate parent75–100%
Imet Alloys (Europe) Limitedthis company

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

Sister companies (4)

Albamet LtdFigures not disclosed
Imet Alloys LimitedFigures not disclosed
Imet Processing (Europe) LimitedFigures not disclosed
Imet Tech LtdFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £114k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.

Updated from Companies House on 12 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.