How much does Liugong Machinery (UK) Limited make?

Liugong Machinery (UK) Limited reported revenue of £32.9m and a loss of £3.9m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Liugong Machinery (UK) Limited have?

Liugong Machinery (UK) Limited reported an average of 71 employees in the year to 31 Dec 2023.

Is Liugong Machinery (UK) Limited profitable?

No — Liugong Machinery (UK) Limited reported a loss of £3.9m in the year to 31 Dec 2023.

Company No. 07068266 · Incorporated 6 Nov 2009

Liugong Machinery (UK) Limited

Registered name: LIUGONG MACHINERY (UK) LIMITED

Liugong Machinery (UK) Limited made £32.9m revenue and a £3.9m loss in the year to 31 Dec 2023.

Liugong Machinery (UK) Limited’s revenue fell 2% to £32.9m in the year to 31 Dec 2023, with a loss of £3.9m and 71 employees. The company is classified under “manufacture of other special-purpose machinery” and is based in Portsmouth; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28990Manufacture of other special-purpose machinery n.e.c.

Status: Active
Location: Portsmouth, South East
Age: 16 yrs · since 2009
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentCapital-light

Revenue

£32.9m

Growth ▼1.6%

Profit

−£3.9m

Growth —

Profit margin

−11.9%

Gross 9.6%

Employees

Change ▲26.8%

Profit / employee

−£55.2k

Revenue/employee £463k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.1m	£33.4m	£32.9m
Cost of sales	£21.4m	£31.5m	£29.7m
Gross profit	£3.7m	£1.9m	£3.2m
Operating profit	−£413k	−£3.2m	−£3.8m
Profit before tax	−£454k	−£3.3m	−£3.9m
Profit after tax	−£167k	−£3.1m	−£3.9m
Profit (best available)	−£167k	−£3.1m	−£3.9m
Staff costs	£2.4m	£2.6m	£3.2m
Employees (average)	53	56	71
Ratios
Profit margin	−0.7%	−9.3%	−11.9%
Gross margin	14.8%	5.7%	9.6%
Revenue per employee	£473k	£597k	£463k
Profit per employee	−£3.1k	−£55.5k	−£55.2k
Growth (year on year)
Revenue growth	—	▲33.4%	▼1.6%
Headcount growth	—	▲5.7%	▲26.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£5	£25.1k	£6.1m
Net assets	£4m	£843k	−£3.1m
Fixed assets	£3m	£2.5m	£2m
Current assets	£16.2m	£24.4m	£42m
Debtors	£3.2m	£6.3m	£6.1m
Deferred income	£892k	£955k	£754k
Cash from operations	£376k	−£188k	—
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Feb 2025

Derived from the latest filing

How the business works

Profit margin: −11.9%; Profit ÷ revenue.
Gross margin: 9.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £463k; Revenue ÷ average employees.
Profit per employee: −£55.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.4%; 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: ▼465%; Now −£3.1m
Cash at bank: ▲24212%; Now £6.1m
Headcount: ▲27%; Now 71
Deferred income: ▼21%; Now £754k
Fixed assets: ▼20%; Now £2m

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

Minority corporate shareholders

Guangxi Liugong Machinery Co., Ltd (registered outside the UK register)

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£3.9m), from the Companies House accounts bulk data published Feb 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.