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Company No. 04904223 · Incorporated 18 Sep 2003

Leopard USA Ltd

Registered name: LEOPARD USA LTD

Part of Leopard Films Ltd group

Leopard USA Ltd made £14.4m revenue and £211k profit in the year to 31 Dec 2025.

Leopard USA Ltd’s revenue grew 8% to £14.4m in the year to 31 Dec 2025, with £211k profit and 8 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.
Status
Active
Location
London, London
Age
23 yrs · since 2003
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: “Leopard Films Limited”

Latest accounts · year to 31 Dec 2025

Key figures

Small teamCapital-lightDoing more with less
Revenue
£14.4m
Growth ▲7.8%
Profit
£211k
Growth —
Profit margin
1.5%
Gross 20.4%
Employees
8
Change ▼93.3%
Profit / employee
£26.3k
Revenue/employee £1.8m
Profitable streak
1yr
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 to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£15.7m£15.6m£13.3m£14.4m
Cost of sales£12.1m£12m£10.1m£11.4m
Gross profit£3.6m£3.7m£3.3m£2.9m
Operating profit£474k£525k−£254k£569k
Profit before tax£236k£45.6k−£624k£211k
Profit after tax£179k−£1.4k−£616k£211k
Profit (best available)£179k−£1.4k−£616k£211k
Staff costs£2m£1.7m£1.1m£808k
Employees (average)1201201208
Ratios
Profit margin1.1%0%−4.6%1.5%
Gross margin23%23.4%24.5%20.4%
Revenue per employee£131k£130k£111k£1.8m
Profit per employee£1.5k−£12−£5.1k£26.3k
Growth (year on year)
Revenue growth—▼0.6%▼14.6%▲7.8%
Profit growth—▼100.8%——
Headcount growth—0%0%▼93.3%
Balance sheet — indirect signals, not revenue
Cash at bank£1.8m£2m£804k£1.1m
Net assets£9.3m£8.8m£8.3m£7.9m
Fixed assets£51.9k£49.6k£42.5k£39.1k
Current assets£33.6m£22.5m£23m£24.6m
Debtors£12.6k£0£22.2m£23.5m
Deferred income£1.8m£2.1m£1.1m£2.3m
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.5%
Profit ÷ revenue.
Gross margin
20.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.8m
Revenue ÷ average employees.
Profit per employee
£26.3k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
15.8%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
163.2%
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
▼5%
Now £7.9m
Cash at bank
▲41%
Now £1.1m
Headcount
▼93%
Now 8
Deferred income
▲109%
Now £2.3m
Fixed assets
▼8%
Now £39.1k

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

  1. Leopard Films Ltd (registered outside the UK register)ultimate parent75–100%
  2. Leopard USA Ltdthis 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).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £211k), from the Companies House accounts bulk data published Sep 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.