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Company No. 01459141 · Incorporated 5 Nov 1979

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
Latest accounts · year to 30 Apr 2025

Key figures

IndependentCapital-lightOperating leverageCash flow filed
Revenue
£11.6m
Growth ▲2.4%
Profit
£641k
Growth ▲44.1%
Profit margin
5.5%
Gross 35.5%
Employees
90
Change ▲2.3%
Profit / employee
£7.1k
Revenue/employee £129k
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 Apr 202230 Apr 202330 Apr 202430 Apr 2025
DisclosureFull P&LFull P&LFull P&LFull 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)64828890
Ratios
Profit margin3%4.3%3.9%5.5%
Gross margin27.5%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
SourceAccounts · bulk data Jan 2024Accounts · bulk data Jan 2024FullAccounts · bulk data Jan 2025FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
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
▲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.

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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.