How much does Leach Structural Steel Work Limited make?

Leach Structural Steel Work Limited reported revenue of £24.8m and £2.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Leach Structural Steel Work Limited have?

Leach Structural Steel Work Limited reported an average of 133 employees in the year to 31 Mar 2025.

Is Leach Structural Steel Work Limited profitable?

Yes — Leach Structural Steel Work Limited reported a profit of £2.2m in the year to 31 Mar 2025.

Company No. 03335407 · Incorporated 18 Mar 1997

Leach Structural Steel Work Limited

Registered name: LEACH STRUCTURAL STEEL WORK LIMITED

Part of Qubic Trustees Ltd group

Leach Structural Steel Work Limited made £24.8m revenue and £2.2m profit in the year to 31 Mar 2025.

Leach Structural Steel Work Limited’s revenue fell 16% to £24.8m in the year to 31 Mar 2025, with £2.2m profit and 133 employees. The company is classified under “construction of commercial buildings” and is based in Preston; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Preston, North West
Age: 29 yrs · since 1997
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.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£24.8m

Growth ▼15.6%

Profit

£2.2m

Growth ▼11.4%

Profit margin

Gross 29.1%

Employees

133

Change ▼2.2%

Profit / employee

£16.8k

Revenue/employee £187k

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£28.8m	£26.4m	£29.4m	£24.8m
Cost of sales	£22.5m	£19.3m	£22m	£17.6m
Gross profit	£6.3m	£7.1m	£7.4m	£7.2m
Operating profit	£2m	£2.1m	£2.6m	£2.2m
Profit before tax	£2m	£2.1m	£2.6m	£2.2m
Profit after tax	£1.8m	£1.8m	£2.5m	£2.2m
Profit (best available)	£1.8m	£1.8m	£2.5m	£2.2m
Staff costs	£5.3m	£5.7m	£6.1m	£6m
Employees (average)	135	136	136	133
Ratios
Profit margin	6.3%	6.8%	8.6%	9%
Gross margin	22%	26.9%	25.2%	29.1%
Revenue per employee	£213k	£194k	£216k	£187k
Profit per employee	£13.4k	£13.2k	£18.6k	£16.8k
Growth (year on year)
Revenue growth	—	▼8.2%	▲11.2%	▼15.6%
Profit growth	—	▼0.4%	▲40.2%	▼11.4%
Headcount growth	—	▲0.7%	0%	▼2.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£47.9k	£1.2m	£494k	£254k
Net assets	£1.5m	£1.5m	£1.6m	£1.8m
Fixed assets	£1.7m	£1.4m	£1.2m	£975k
Current assets	£11.4m	£12.7m	£7.7m	£8.5m
Debtors	£8m	£8.5m	£4.7m	£5.1m
Deferred income	£37.8k	£75.2k	£123k	£43.3k
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 9%; Profit ÷ revenue.
Gross margin: 29.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £187k; Revenue ÷ average employees.
Profit per employee: £16.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 20.4%; 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: ▲8%; Now £1.8m
Cash at bank: ▼48%; Now £254k
Headcount: ▼2%; Now 133
Deferred income: ▼65%; Now £43.3k
Fixed assets: ▼18%; Now £975k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Qubic Trustees Ltdultimate parent75–100%
Qubic Associate Group Limited75–100%
Qubic Trustees Ltd75–100%
Leach Holdings Limited75–100%
Leach Structural Steel Work Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (5)

HR Steelwork LimitedFigures not disclosed
Leach Construction LimitedFigures not disclosed
Leach Consulting Engineers LimitedFigures not disclosed
Leach Machinery Sales LimitedFigures not disclosed
R.e. Leach (Engineers) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Dec 2025. 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.