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.
- Status
- Active
- Location
- West Midlands, West Midlands
- Age
- 49 yrs · since 1976
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 | 30 Sep 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 23 | 22 | 22 | 22 |
| Ratios | ||||
| Profit margin | 11.7% | 4.4% | 4.9% | 3.1% |
| Gross margin | 23.2% | 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 |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Mar 2026 |
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.
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.
Similar profitable businesses
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- Revenue
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- Profit
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- Staff
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- Admiral Harding LimitedBristol · Non-specialised wholesale trade
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- Urathon Europe LimitedChippenham · Non-specialised wholesale trade
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- £10.5m
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- Kent (United Kingdom) LtdGuildford · Non-specialised wholesale trade
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- £10.5m
- Profit
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- Plastics Plus LimitedWolverhampton · Non-specialised wholesale trade
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- £10.2m
- Profit
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- Glassworks International LimitedCambridge · Non-specialised wholesale trade
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- Profit
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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.