Leec Limited
Registered name: LEEC LIMITED
Leec Limited made £11.6m revenue and £641k profit in the year to 30 Apr 2025.
Leec Limited’s revenue grew 2% to £11.6m in the year to 30 Apr 2025, with £641k profit and 90 employees. The company is classified under “manufacture of other fabricated metal products” and is based in Nottingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Nottingham, East Midlands
- Age
- 46 yrs · since 1979
- 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 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.4m | £10.8m | £11.4m | £11.6m |
| Cost of sales | £6.8m | £7.4m | £7.7m | £7.5m |
| Gross profit | £2.6m | £3.4m | £3.6m | £4.1m |
| Operating profit | £295k | £476k | £431k | £608k |
| Profit before tax | £290k | £482k | £496k | £750k |
| Profit after tax | £284k | £469k | £444k | £641k |
| Profit (best available) | £284k | £469k | £444k | £641k |
| Staff costs | £3.1m | £3.3m | £3.5m | £3.6m |
| Employees (average) | 64 | 82 | 88 | 90 |
| Ratios | ||||
| Profit margin | 3% | 4.3% | 3.9% | 5.5% |
| Gross margin | 27.5% | 31.4% | 31.9% | 35.5% |
| Revenue per employee | £146k | £132k | £129k | £129k |
| Profit per employee | £4.4k | £5.7k | £5k | £7.1k |
| Cash conversion | −187.1% | −134.6% | −295.8% | −107.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.3% | ▲5.2% | ▲2.4% |
| Profit growth | — | ▲65.6% | ▼5.3% | ▲44.1% |
| Headcount growth | — | ▲28.1% | ▲7.3% | ▲2.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £3.3m | £3.7m | £4.5m | £4.9m |
| Net assets | £3.6m | £4m | £4.4m | £4.9m |
| Fixed assets | £578k | £611k | £717k | £745k |
| Current assets | £7.1m | £7.9m | £7.7m | £8.1m |
| Debtors | £1.8m | £2.3m | £1.4m | £1.3m |
| Deferred income | £1.6m | £2.1m | £2.2m | £2.2m |
| Cash from operations | −£553k | −£641k | −£1.3m | −£653k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 35.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £129k
- Revenue ÷ average employees.
- Profit per employee
- £7.1k
- Profit ÷ average employees.
- Cash conversion
- −107.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 18.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.9%
- 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
- ▲12%
- Now £4.9m
- Cash at bank
- ▲8%
- Now £4.9m
- Headcount
- ▲2%
- Now 90
- Deferred income
- ▲0%
- Now £2.2m
- Fixed assets
- ▲4%
- Now £745k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
- McAuley Fabrication LimitedBallymoney · Manufacture of other fabricated metal products n.e.c.
- Revenue
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- Profit
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- Staff
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- Befab LimitedBelfast · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £11.7m
- Profit
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- Debar LtdLeeds · Manufacture of other fabricated metal products n.e.c.
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- Profit
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- Clyde Associated Engineers, LimitedClydebank · Manufacture of other fabricated metal products n.e.c.
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- Arrowsmith Engineering (Coventry) LimitedCoventry · Manufacture of other fabricated metal products n.e.c.
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- Centurion Europe LimitedDoncaster · Manufacture of other fabricated metal products n.e.c.
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £641k), 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.