L & S Engineers Limited
Registered name: L & S ENGINEERS LIMITED
Part of Lse Holdings Limited groupL & S Engineers Limited made £23.7m revenue and £1.9m profit in the year to 30 Nov 2025. read from filing text
L & S Engineers Limited’s revenue grew 6% to £23.7m in the year to 30 Nov 2025, with £1.9m profit and 73 employees. The company is classified under “other business support service activities” and is based in Brownhills Walsall; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Brownhills Walsall, West Midlands
- Age
- 25 yrs · since 2001
- 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 ultimate parent company is LSE Holdings L”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £19.3m | £21.2m | £22.4m | £23.7m |
| Cost of sales | £14.9m | £15.8m | £16.5m | £17.4m |
| Gross profit | £4.5m | £5.3m | £6m | £6.4m |
| Operating profit | £2.4m | £2.8m | £2.7m | £2.6m |
| Profit before tax | £2.4m | £2.8m | £2.8m | £2.6m |
| Profit after tax | £2m | £2.1m | £2.1m | £1.9m |
| Profit (best available) | £2m | £2.1m | £2.1m | £1.9m |
| Staff costs | £1.9m | £2.3m | £2.5m | £2.8m |
| Employees (average) | 65 | 71 | 72 | 73 |
| Ratios | ||||
| Profit margin | 10.2% | 9.9% | 9.2% | 8.1% |
| Gross margin | 23.1% | 25.1% | 26.5% | 26.8% |
| Revenue per employee | £298k | £298k | £312k | £325k |
| Profit per employee | £30.3k | £29.6k | £28.7k | £26.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲9.4% | ▲6.1% | ▲5.8% |
| Profit growth | — | ▲6.5% | ▼1.4% | ▼6.6% |
| Headcount growth | — | ▲9.2% | ▲1.4% | ▲1.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £5m | £7.7m | £6.8m | £8m |
| Net assets | £12.2m | £14.2m | £16.3m | £18.2m |
| Fixed assets | £4.1m | £3.8m | £3.5m | £3.3m |
| Current assets | £10.4m | £13.3m | £15.6m | £17.7m |
| Debtors | £2.4m | £2.4m | £2.7m | £2.8m |
| Deferred income | £322k | £405k | £487k | £402k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 8.1%
- Profit ÷ revenue.
- Gross margin
- 26.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £325k
- Revenue ÷ average employees.
- Profit per employee
- £26.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.9%
- 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
- ▲12%
- Now £18.2m
- Cash at bank
- ▲18%
- Now £8m
- Headcount
- ▲1%
- Now 73
- Deferred income
- ▼17%
- Now £402k
- Fixed assets
- ▼6%
- Now £3.3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Lse Holdings Limited (registered outside the UK register)ultimate parent75–100%
- L & S Engineers Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit £1.9m), from the Companies House accounts bulk data published Aug 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.