Leser UK Limited
Registered name: LESER UK LIMITED
Part of Wellclose Holdings Limited groupLeser UK Limited made £5m revenue and £294k profit in the year to 31 Mar 2024. read from filing text
Leser UK Limited’s revenue fell 21% to £5m in the year to 31 Mar 2024, with £294k profit and 0 employees. The company is classified under “wholesale of other machinery and equipment” and is based in Bristol; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 51 yrs · since 1975
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £6.3m | £5m |
| Cost of sales | £4.5m | £3.4m |
| Gross profit | £1.8m | £1.6m |
| Operating profit | £720k | £382k |
| Profit before tax | £723k | £393k |
| Profit after tax | £585k | £294k |
| Profit (best available) | £585k | £294k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 9.3% | 5.9% |
| Gross margin | 28.8% | 32.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▼20.6% |
| Profit growth | — | ▼49.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.4m | £1.5m |
| Net assets | £3m | £3.2m |
| Current assets | £4.2m | £4.1m |
| Debtors | £1.4m | £638k |
| Deferred income | £135k | £392k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 5.9%
- Profit ÷ revenue.
- Gross margin
- 32.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- 7.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.8%
- 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
- ▲9%
- Now £3.2m
- Cash at bank
- ▲11%
- Now £1.5m
- Headcount
- —
- Now 0
- Deferred income
- ▲190%
- Now £392k
- Fixed assets
- —
- Now —
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
- Wellclose Holdings Limitedultimate parent75–100%
- East Bristol Engineers Limited75–100%
- Leser UK 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 Mar 2024 (profit £294k), from the Companies House accounts bulk data published Dec 2024. 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.