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Company No. 01221502 · Incorporated 1 Aug 1975

Leser UK Limited

Registered name: LESER UK LIMITED

Part of Wellclose Holdings Limited group

Leser 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.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46690Wholesale of other machinery and equipment
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.

Latest accounts · year to 31 Mar 2024

Key figures

Small team
Revenue
£5m
Growth ▼20.6%
Profit
£294k
Growth ▼49.7%
Profit margin
5.9%
Gross 32.2%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&Lread from filing textFull 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)00
Ratios
Profit margin9.3%5.9%
Gross margin28.8%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
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Wellclose Holdings Limitedultimate parent75–100%
  2. East Bristol Engineers Limited75–100%
  3. 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).

Same industry, similar size

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Industry benchmarks →

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.