Lowry Trading Ltd
Registered name: LOWRY TRADING LTD
Lowry Trading Ltd made £90.9m revenue and £681k profit in the year to 31 Dec 2024.
Lowry Trading Ltd’s revenue fell 4% to £90.9m in the year to 31 Dec 2024, with £681k profit and 562 employees. The company is classified under “other business support service activities” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester
- Age
- 18 yrs · since 2007
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £94.1m | £94.6m | £90.9m |
| Cost of sales | −£58.8m | −£64.8m | −£57.7m |
| Gross profit | £35.2m | £29.8m | £33.2m |
| Operating profit | £14.6m | £5.4m | £1.9m |
| Profit before tax | £14.2m | £5.6m | £3m |
| Profit after tax | £9.4m | £2.3m | £681k |
| Profit (best available) | £9.4m | £2.3m | £681k |
| Employees (average) | 1,905 | 556 | 562 |
| Ratios | |||
| Profit margin | 10% | 2.5% | 0.8% |
| Gross margin | 37.5% | 31.5% | 36.5% |
| Revenue per employee | £49.4k | £170k | £162k |
| Profit per employee | £4.9k | £4.2k | £1.2k |
| Growth (year on year) | |||
| Revenue growth | — | ▲0.5% | ▼3.9% |
| Profit growth | — | ▼75.1% | ▼70.9% |
| Headcount growth | — | ▼70.8% | ▲1.1% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2024 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.8%
- Profit ÷ revenue.
- Gross margin
- 36.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £162k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲1%
- Now 562
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (5)
- Westlab LtdRev. £10.9m · Profit £410k
- Fenchurch Recovery SPV LimitedFigures not disclosed
- Lowry (Penrhyn Point) LimitedFigures not disclosed
- Lowry Sa LimitedFigures not disclosed
- Project Nearshore LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £681k), 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.