49% Micro
41% Small
7% Mid
2% Large
0% Mega
INSIGHTS - MARCH 2025
UK Fabricated Metal Industry
UK Fabricated Metal Industry Information
The fabricated metal industry involves the building of machines and structures from raw metal materials using processes such as forging, stamping, bending, forming, machining and welding.
Active Businesses
17,939
Annual Sales
£67bn +
Employees
309,382
Economic Contribution
£25bn
Tags
Location of Fabricated Metal Companies
Fabricated Metal Companies by Size
Largest Fabricated Metal Companies
Turnover
Bae Systems Plc
£23.1bn
Rolls-royce Plc
£18.9bn
Technipfmc Plc
£6.3bn
Fabricated Metal Companies by Age
45% Mature
25% Established
18% Young
12% Startup
0% New
Oldest Fabricated Metal Companies
Established
Fastest Growing Fabricated Metal Companies
32% Healthy
29% Declining
17% High
12% Low
11% Rapid
Fastest Growing Fabricated Metal Companies
3yr CAGR
Fabricated Metal Industry Competitive Environment - New Entrants vs Leavers
Fabricated Metal Industry Valuation
EBITDA Multiple
Fabricated Metal Industry Valuation
Turnover Multiple
Fabricated Metal Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of fabricated metal products, except machinery and equipment Industry Insights
There are 17,939 active Businesses in the UK with combined annual sales of £67 billion .
The Industry employs around 309,382 people and contributes £25 billion to the economy.
The most popular location for Fabricated Metal companies is West Midlands with 3,006 and the fewest are located in Northern Ireland with 457.
The largest Fabricated Metal company is Bae Systems Plc with a turnover of £23.1bn. 49% of the industry is comprised of Micro companies with only 7% Mid companies.
12% of the Fabricated Metal Industry is made up of 12% Startup but the majority are Mature businesses (45%) the oldest company is Calder Industrial Materials Limited founded in 1889.
Fabricated Metal industry has a number of high growth companies (12%), the fastest growing company is Texo Group Limited with a 3 year growth rate of 134%. Other fast growing companies include Garner Aluminium Extrusions Ltd (96%), Produmax Limited (79%) and Plexus Ocean Systems Limited (74%).
The UK Fabricated Metal Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.69x, Turnover multiple of 1.29x and a Net Asset multiple of 2.32x.
