L. Reynolds (Building Systems) Limited
Registered name: L. REYNOLDS (BUILDING SYSTEMS) LIMITED
Part of L Reynolds Holdings Ltd groupL. Reynolds (Building Systems) Limited made £12m revenue and £1.9m profit in the year to 31 May 2025. read from filing text
L. Reynolds (Building Systems) Limited’s revenue fell 17% to £12m in the year to 31 May 2025, with £1.9m profit and 23 employees. The company is classified under “other building completion and finishing” and is based in Loughborough; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Loughborough, East Midlands
- Age
- 63 yrs · since 1963
- 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. From the filing: “The company is a wholly owned subsidiary of”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £14.6m | £19.4m | £14.4m | £12m |
| Cost of sales | £11.9m | £14.7m | £10.9m | £8m |
| Gross profit | £2.7m | £4.7m | £3.5m | £3.9m |
| Operating profit | £1.4m | £3.3m | £2m | £2.5m |
| Profit before tax | £1.4m | £3.3m | £2m | £2.5m |
| Profit after tax | £1.1m | £2.6m | £1.5m | £1.9m |
| Profit (best available) | £1.1m | £2.6m | £1.5m | £1.9m |
| Staff costs | £1.4m | £1.5m | £1.5m | £1.4m |
| Employees (average) | 21 | 22 | 23 | 23 |
| Ratios | ||||
| Profit margin | 7.8% | 13.4% | 10.5% | 15.7% |
| Gross margin | 18.6% | 24.2% | 24.3% | 32.9% |
| Revenue per employee | £694k | £884k | £627k | £521k |
| Profit per employee | £54.3k | £119k | £66k | £81.8k |
| Cash conversion | −65.7% | −92.8% | −168.6% | −89.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲33.4% | ▼25.8% | ▼17% |
| Profit growth | — | ▲128.9% | ▼41.9% | ▲24% |
| Headcount growth | — | ▲4.8% | ▲4.5% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £342k | £1m | £1.4m | £988k |
| Net assets | £2.8m | £3.4m | £2.6m | £2.5m |
| Fixed assets | £238k | £334k | £364k | £442k |
| Current assets | £4.4m | £5.5m | £4m | £4m |
| Debtors | £679k | £976k | £781k | £656k |
| Deferred income | £176k | £188k | £184k | £176k |
| Cash from operations | −£927k | −£3m | −£3.4m | −£2.2m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 15.7%
- Profit ÷ revenue.
- Gross margin
- 32.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £521k
- Revenue ÷ average employees.
- Profit per employee
- £81.8k
- Profit ÷ average employees.
- Cash conversion
- −89.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 5.5%
- 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
- ▼5%
- Now £2.5m
- Cash at bank
- ▼29%
- Now £988k
- Headcount
- 0%
- Now 23
- Deferred income
- ▼4%
- Now £176k
- Fixed assets
- ▲21%
- Now £442k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- L Reynolds Holdings Ltdultimate parent75–100%
- L. Reynolds (Building Systems) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £1.9m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.