263 active UK companies are classified under precious metals production (SIC code 24410), a specialised sector. This sector falls under Section C — Manufacturing — of the UK Standard Industrial Classification. The sector has a relatively low 15.9% dissolution rate — 263 of 358 registrations remain active. The sector is experiencing rapid growth, with 400% of active businesses incorporated since 2020 — indicating strong recent demand. 116% of companies were formed after 2010, marking this as a sector with predominantly recent entrants. The average company age in this sector is 9.4 years. The sector is heavily concentrated in London, which accounts for 31% of all companies. Companies in this sector hold 7 government contracts valued at £0.4M.
Source: Companies House register via UVAGATRON, October 2026
A rapidly growing sector with 400% of active companies formed since 2020.
The precious metals production sector has a <Link href="/glossary/company-dissolution">15.9% dissolution rate</Link>. The average active company in this sector is 9.4 years old. Geographic concentration: 31% in LONDON.
Companies in the precious metals production sector have been awarded 7 government contracts worth £0.4M in total.
There are 263 active companies classified under SIC code 24410 (Precious metals production) in the UK, out of 358 total registered.
SIC code 24410 stands for "Precious metals production". It belongs to Section C — Manufacturing of the UK Standard Industrial Classification.
The largest concentrations are in LONDON (81), BIRMINGHAM (8), SHEFFIELD (8).
The average active precious metals production company in the UK is 9.4 years old, with the oldest registration dating back to 1930.
Our database contains 2,470 data signals across 11 categories for active precious metals production companies. The largest category is Governance with 1,084 signals from 4 government sources.
5.9M companies, 50M+ signals from 53 government sources. Risk scores, director networks, entity analysis.