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Company No. 03005652 · Incorporated 21 Dec 1994

Learning Resources Limited

Registered name: LEARNING RESOURCES LIMITED

Learning Resources Limited made £22m revenue and £1.1m profit in the year to 31 Dec 2025. read from filing text

Learning Resources Limited’s revenue grew 9% to £22m in the year to 31 Dec 2025, with £1.1m profit and 47 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Godalming; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.
Status
Active
Location
Godalming, South East
Age
31 yrs · since 1994
Type
Private 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: “The immediate and ultimate parent company is LR-UK, Inc. a company incorporated and registered in the United States of America.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed
Revenue
£22m
Growth ▲8.6%
Profit
£1.1m
Growth ▲21.7%
Profit margin
5%
Gross 51.7%
Employees
47
Change ▼4.1%
Profit / employee
£23.6k
Revenue/employee £469k
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 to31 Dec 202431 Dec 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£20.3m£22m
Cost of sales£9.9m£10.6m
Gross profit£10.4m£11.4m
Operating profit£1.2m£1.5m
Profit before tax£1.2m£1.5m
Profit after tax£910k£1.1m
Profit (best available)£910k£1.1m
Staff costs£2.8m£3.1m
Employees (average)4947
Ratios
Profit margin4.5%5%
Gross margin51.1%51.7%
Revenue per employee£414k£469k
Profit per employee£18.6k£23.6k
Cash conversion−39.7%−226.5%
Growth (year on year)
Revenue growth—▲8.6%
Profit growth—▲21.7%
Headcount growth—▼4.1%
Balance sheet — indirect signals, not revenue
Cash at bank£2m£3.9m
Net assets£7.7m£7.7m
Fixed assets£1.1m£960k
Current assets£11.4m£12.9m
Debtors£5.1m£4.7m
Deferred income£2.5m£2.3m
Cash from operations−£489k−£3.3m
SourceFullAccounts · bulk data Jul 2026FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
5%
Profit ÷ revenue.
Gross margin
51.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£469k
Revenue ÷ average employees.
Profit per employee
£23.6k
Profit ÷ average employees.
Cash conversion
−226.5%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
10.3%
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
▼1%
Now £7.7m
Cash at bank
▲90%
Now £3.9m
Headcount
▼4%
Now 47
Deferred income
▼10%
Now £2.3m
Fixed assets
▼9%
Now £960k

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 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Jul 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.