INSIGHTS - OCTOBER 2024

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

18,261

Annual Sales

£60bn +

Employees

314,177

Economic Contribution 

£22bn

Tags

Location of Fabricated Metal Companies

Fabricated Metal Companies by Size

50% Micro

40% Small

7% Mid

2% Large

0% Mega

Largest Fabricated Metal Companies
Turnover
Fabricated Metal Companies by Age

44% Mature

24% Established

17% Young

14% Startup

1% New

Fastest Growing Fabricated Metal Companies

31% Healthy

30% Declining

16% High

12% Low

11% Rapid

Fabricated Metal Industry Competitive Environment - New Entrants vs Leavers

Fabricated Metal Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Fabricated Metal Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Fabricated Metal Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

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 18,261 active Businesses in the UK with combined annual sales of £60 billion .

The Industry employs around 314,177 people and contributes £22 billion to the economy.

The most popular location for Fabricated Metal companies is West Midlands with 3,057 and the fewest are located in Northern Ireland with 451.

The largest Fabricated Metal company is Rolls-royce Plc with a turnover of £16.5bn. 50% of the industry is comprised of Micro companies with only 7% Mid companies.

14% of the Fabricated Metal Industry is made up of 14% Startup but the majority are Mature businesses (44%) 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%), Mcmullen Facades Limited (69%) and Abacus Lighting Limited (59%).

The UK Fabricated Metal Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.75x, Turnover multiple of 1.27x and a Net Asset multiple of 2.26x.