How much does Lecico PLC make?

Lecico PLC reported revenue of £23.9m and £263k profit in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Lecico PLC have?

Lecico PLC reported an average of 59 employees in the year to 31 Dec 2023.

Is Lecico PLC profitable?

Yes — Lecico PLC reported a profit of £263k in the year to 31 Dec 2023.

Company No. 02088118 · Incorporated 9 Jan 1987

Lecico PLC

Registered name: LECICO PLC

Lecico PLC made £23.9m revenue and £263k profit in the year to 31 Dec 2023.

Lecico PLC’s revenue grew 10% to £23.9m in the year to 31 Dec 2023, with £263k profit and 59 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Bedford; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46730Wholesale of wood, construction materials and sanitary equipment

Status: Active
Location: Bedford, South East
Age: 39 yrs · since 1987
Type: Public Limited Company

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. From the filing: “Lecico (UK) Limited”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£23.9m

Growth ▲9.7%

Profit

£263k

Growth ▼18.6%

Profit margin

1.1%

Gross 30.2%

Employees

Change ▲18%

Profit / employee

£4.5k

Revenue/employee £405k

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 to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.8m	£23.9m
Cost of sales	£15.7m	£16.7m
Gross profit	£6m	£7.2m
Operating profit	£468k	£419k
Profit before tax	£375k	£323k
Profit after tax	£323k	£263k
Profit (best available)	£323k	£263k
Staff costs	£2.5m	£3m
Employees (average)	50	59
Ratios
Profit margin	1.5%	1.1%
Gross margin	27.7%	30.2%
Revenue per employee	£435k	£405k
Profit per employee	£6.5k	£4.5k
Growth (year on year)
Revenue growth	—	▲9.7%
Profit growth	—	▼18.6%
Headcount growth	—	▲18%
Balance sheet — indirect signals, not revenue
Cash at bank	£350k	£35.4k
Net assets	£894k	£2.7m
Fixed assets	£745k	£1.1m
Current assets	£8.1m	£8.8m
Debtors	£4.1m	£4m
Deferred income	£1.5m	£1.4m
Source	Accounts · bulk data Jun 2024	Accounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 1.1%; Profit ÷ revenue.
Gross margin: 30.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £405k; Revenue ÷ average employees.
Profit per employee: £4.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 5.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.9%; 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: ▲197%; Now £2.7m
Cash at bank: ▼90%; Now £35.4k
Headcount: ▲18%; Now 59
Deferred income: ▼12%; Now £1.4m
Fixed assets: ▲51%; Now £1.1m

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

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2023 (profit £263k), from the Companies House accounts bulk data published Jun 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.