Ash & Lacy Automotive Limited
Registered name: ASH & LACY AUTOMOTIVE LIMITED
Part of Ash & Lacy Automotive Holdings Limited groupAsh & Lacy Automotive Limited made £9.1m revenue and a £308k loss in the year to 31 Dec 2025.
Ash & Lacy Automotive Limited’s revenue fell 2% to £9.1m in the year to 31 Dec 2025, with a loss of £308k and 44 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Smethwick; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Smethwick, West Midlands
- Age
- 72 yrs · since 1954
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £9.3m | £9.1m |
| Cost of sales | — | — | −£5m | −£6m |
| Gross profit | — | — | £4.3m | £3.1m |
| Operating profit | — | — | £470k | −£177k |
| Profit before tax | — | — | £470k | −£285k |
| Profit after tax | — | — | £422k | −£308k |
| Profit (best available) | — | — | £422k | −£308k |
| Employees (average) | 24 | 37 | 37 | 44 |
| Ratios | ||||
| Profit margin | — | — | 4.5% | −3.4% |
| Gross margin | — | — | 46.6% | 33.8% |
| Revenue per employee | — | — | £252k | £207k |
| Profit per employee | — | — | £11.4k | −£7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼2.2% |
| Profit growth | — | — | — | ▼172.9% |
| Headcount growth | — | ▲54.2% | 0% | ▲18.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £65.8k | £9.6k | £8.2k | — |
| Net assets | £1.3m | £1.7m | −£402k | — |
| Fixed assets | £355k | £316k | £472k | — |
| Current assets | £2.1m | £3.7m | £5.6m | — |
| Debtors | £1.2m | £2.5m | £1.2m | — |
| Deferred income | £116k | £220k | £37.2k | — |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Aug 2025 | Accounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −3.4%
- Profit ÷ revenue.
- Gross margin
- 33.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £207k
- Revenue ÷ average employees.
- Profit per employee
- −£7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲19%
- Now 44
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ash & Lacy Automotive Holdings Limitedultimate parent75–100%
- Ash & Lacy Automotive Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Vestatec (U.K.) LimitedRev. £7.4m · Profit £845k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Fife Fabrications LimitedFife · Manufacture of other fabricated metal products n.e.c.
- Revenue
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- Profit
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- Staff
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- Valen Fittings LimitedAldridge · Manufacture of other fabricated metal products n.e.c.
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- Express Engineering (Fabrications) LimitedGateshead · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Dalen LimitedWest Midlands · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £9.2m
- Profit
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- Staff
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- Coleherne LimitedHyde · Manufacture of other fabricated metal products n.e.c.
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- £9.3m
- Profit
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- Carpenter & Paterson LimitedWelshpool · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit −£308k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.