Skip to content
CompanySight
Company No. 01292879 · Incorporated 30 Dec 1976

Laidler Steels Limited

Registered name: LAIDLER STEELS LIMITED

Laidler Steels Limited made £10.3m revenue and £326k profit in the year to 30 Sep 2025.

Laidler Steels Limited’s revenue fell 5% to £10.3m in the year to 30 Sep 2025, with £326k profit and 22 employees. The company is classified under “non-specialised wholesale trade” and is based in West Midlands; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade
Status
Active
Location
West Midlands, West Midlands
Age
49 yrs · since 1976
Type
Private Limited Company
Latest accounts · year to 30 Sep 2025

Key figures

IndependentCash flow filed
Revenue
£10.3m
Growth ▼4.7%
Profit
£326k
Growth ▼38%
Profit margin
3.1%
Gross 15.6%
Employees
22
Change 0%
Profit / employee
£14.8k
Revenue/employee £470k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£16m£13.5m£10.8m£10.3m
Cost of sales£12.3m£11.5m£9m£8.7m
Gross profit£3.7m£2.1m£1.9m£1.6m
Operating profit£2.3m£632k£444k£126k
Profit before tax£2.3m£766k£705k£438k
Profit after tax£1.9m£593k£526k£326k
Profit (best available)£1.9m£593k£526k£326k
Staff costs£979k£1m£1m£1m
Employees (average)23222222
Ratios
Profit margin11.7%4.4%4.9%3.1%
Gross margin23.2%15.2%17.4%15.6%
Revenue per employee£696k£616k£493k£470k
Profit per employee£81.3k£27k£23.9k£14.8k
Cash conversion−101.5%−265.4%−236.1%−222.3%
Growth (year on year)
Revenue growth—▼15.4%▼20%▼4.7%
Profit growth—▼68.3%▼11.4%▼38%
Headcount growth—▼4.3%0%0%
Balance sheet — indirect signals, not revenue
Cash at bank£5.7m£7.1m£7.8m£8.2m
Net assets£9.4m£10m£11.3m£11.6m
Fixed assets£265k£347k£1.5m£1.4m
Current assets£11.4m£11.2m£11.5m£12.2m
Debtors£3.5m£2.5m£2.2m£2.2m
Deferred income£122k£151k£164k£99.6k
Cash from operations−£2.3m−£1.7m−£1m−£280k
SourceFullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2024FullAccounts · bulk data Feb 2025FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
3.1%
Profit ÷ revenue.
Gross margin
15.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£470k
Revenue ÷ average employees.
Profit per employee
£14.8k
Profit ÷ average employees.
Cash conversion
−222.3%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
13.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.3%
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
▲3%
Now £11.6m
Cash at bank
▲4%
Now £8.2m
Headcount
0%
Now 22
Deferred income
▼39%
Now £99.6k
Fixed assets
▼10%
Now £1.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £326k), from the Companies House accounts bulk data published Mar 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.