LTC Group87 Ltd
Registered name: LTC GROUP87 LTD
LTC Group87 Ltd made £11.3m revenue and £2.3m profit in the year to 31 Aug 2025.
LTC Group87 Ltd’s revenue grew 9% to £11.3m in the year to 31 Aug 2025, with £2.3m profit and 122 employees. The company is classified under “scaffold erection” and is based in Plymouth; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- Age
- 29 yrs · since 1997
- 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 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £10.4m | £11.3m |
| Cost of sales | £4.6m | £5.1m |
| Gross profit | £5.8m | £6.3m |
| Operating profit | £2.4m | £3m |
| Profit before tax | £2.4m | £3.1m |
| Profit after tax | £1.8m | £2.3m |
| Profit (best available) | £1.8m | £2.3m |
| Staff costs | £5.1m | £5.5m |
| Employees (average) | 126 | 122 |
| Ratios | ||
| Profit margin | 17.1% | 20.1% |
| Gross margin | 55.7% | 55.4% |
| Revenue per employee | £82.8k | £92.9k |
| Profit per employee | £14.2k | £18.7k |
| Cash conversion | 128% | 149.4% |
| Growth (year on year) | ||
| Revenue growth | — | ▲8.6% |
| Profit growth | — | ▲27.8% |
| Headcount growth | — | ▼3.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.9m | £2.9m |
| Net assets | £4.4m | £4.4m |
| Fixed assets | £7.3m | £7.2m |
| Current assets | £2.1m | £3.1m |
| Debtors | £350 | £2.8k |
| Cash from operations | £3m | £4.5m |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 20.1%
- Profit ÷ revenue.
- Gross margin
- 55.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £92.9k
- Revenue ÷ average employees.
- Profit per employee
- £18.7k
- Profit ÷ average employees.
- Cash conversion
- 149.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 63.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0%
- 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
- ▼0%
- Now £4.4m
- Cash at bank
- ▲52%
- Now £2.9m
- Headcount
- ▼3%
- Now 122
- Deferred income
- —
- Now —
- Fixed assets
- ▼2%
- Now £7.2m
Group structure
Subsidiaries (3)
- LTC Powered Access LtdFigures not disclosed
- LTC Specialist Scaffolding LimitedFigures not disclosed
- LTC Training Services LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £2.3m), from the Companies House accounts bulk data published Apr 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.