Magneco Metrel U.K. Limited

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Magneco Metrel U.K. Limited - overview

Established

1981

Location

-, -, UK

Primary Industry

Materials

About

Magneco Metrel specializes in developing and manufacturing advanced refractory materials that enhance industrial performance, focusing on increasing equipment longevity and operational efficiency across various sectors. Founded in 1981, Magneco Metrel is engaged in creating high-performance refractory solutions. The company operates from its headquarters in the United Kingdom and has expanded its presence to global markets including North America and Europe. The CEO, Chuck Connors, leads the company as it continues to serve diverse industrial clients.


Magneco Metrel, Inc. specializes in the development and manufacturing of MetPump® colloidal silica bonded, monolithic refractory products. These innovative solutions are designed to enhance the life cycles of industrial linings, thereby reducing downtime, minimizing repairs, and increasing overall productivity for various applications. The products are primarily targeted at industries requiring high-performance refractory materials, such as metal processing, waste-to-energy, and petrochemical sectors, providing clients with custom solutions tailored to their operational needs.


By ensuring extended equipment performance between relines and offering significant cost savings, Magneco Metrel positions itself as a valuable partner in enhancing operational efficiency for its customers. The company serves a diverse client base across various geographical markets, including North America, Europe, and select regions in Asia. Magneco Metrel, Inc. generates revenue primarily through direct sales of its flagship product, MetPump®, to industrial clients.


The company operates on a B2B transaction model, where businesses procure refractory products based on specific project requirements or operational needs. Transactions may involve negotiated contracts that detail bulk purchases, with clients placing orders based on their production schedules and maintenance cycles. While specific pricing plans for products are not disclosed, the company’s offerings are positioned to provide long-term value, aligning with customer objectives for reduced maintenance costs and increased uptime. The focus on delivering tailored solutions further enhances the potential for recurring business and strategic partnerships within the industrial sector.


Primary Industry

Materials

Sub Industries

Materials, Advanced Materials

Website

www.magneco-metrel.com

Verticals

Manufacturing

Total Amount Raised

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Magneco Metrel U.K. Limited - timeline of key events

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Magneco Metrel U.K. Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)11,932,73113,730,157---
% Revenue Growth (YoY)-15.1%---
EBITDA (USD)1,989,0871,584,394---
Operating Income (USD)1,847,0871,449,447---
Operating Margin15.5%10.6%---
% EBITDA Margin16.7%11.5%---
NET Income (USD)1,499,8231,172,707---
% Net Margin12.6%8.5%---

Magneco Metrel U.K. Limited - employee data

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