SIC code 24410 covers precious metals production businesses. With 267 active companies, this is a specialised niche within the UK business landscape. It falls under Section C (Manufacturing) of the UK SIC 2007 classification system, which is used by Companies House to categorise all registered businesses.
See the full industry analysis on the Precious metals production industry page.
With a 88% survival rate, this sector shows strong business longevity. Only 1 of 302 companies registered under this code have dissolved, well below the UK average. Companies in this sector average 9.2 years old, reflecting a balanced mix of established businesses and newer market participants. Growth has been exceptional recently: 66% of all active companies were formed since 2020, marking this as one of the fastest-expanding classifications. The 2010s contributed another 18%, meaning the vast majority of businesses are relatively new. The leading locations for this sector are LONDON (81), BIRMINGHAM (8), SHEFFIELD (8), which together account for 36% of active companies.
SIC code 24410 stands for "Precious metals production" under the UK Standard Industrial Classification (SIC 2007) system. It belongs to Section C — Manufacturing. Companies use this code when registering with Companies House to indicate their primary business activity. The code is required for annual confirmation statements and is used by HMRC, ONS, and other government bodies for statistical and regulatory purposes.
There are currently 267 active companies registered under SIC code 24410 in the UK, out of 302 total registrations. This gives a survival rate of 88%, meaning 12% of companies registered under this code have since dissolved. These figures are based on Companies House data and updated regularly.
The top locations for precious metals production companies (SIC 24410) are: LONDON (81), BIRMINGHAM (8), SHEFFIELD (8). Geographic concentration can reflect local economic conditions, industry clusters, or proximity to key markets and supply chains.
The sector is growing: 66% of currently active SIC 24410 companies were formed since 2020, and 18% during the 2010s. This sustained formation rate indicates ongoing demand for precious metals production services in the UK.
Companies classified under SIC 24410 have an average age of 9.2 years. This suggests a balanced sector with both established players and newer entrants. Notable companies include BRITANNIA REFINED METALS LIMITED, WASTECARE LIMITED, MASTERMELT LIMITED.
Related SIC codes within the same division include: 24100 (Manufacture of basic iron and steel and of ferro-alloys), 24200 (Manufacture of tubes, pipes, hollow profiles and related fittings, of steel), 24450 (Other non-ferrous metal production), 24420 (Aluminium production). Companies may use multiple SIC codes if they operate across several of these related activities. When registering with Companies House, businesses should select the code that best represents their primary activity.
You can search for companies with SIC code 24410 (Precious metals production) using UVAGATRON's company explorer, which allows filtering by SIC code, location, and company status. Alternatively, Companies House offers a basic search on their website. Our platform adds risk intelligence, director networks, and signals from 50+ government databases to each company record.
Search, filter, and analyse 267 companies classified under this SIC code with AI-powered risk intelligence.
Data sourced from Companies House, HM Land Registry, FCA Register, and 50+ government databases. SIC classification follows the UK Standard Industrial Classification of Economic Activities 2007 (SIC 2007). Last updated: 2026-04-17.