Skip to content
CompanySight
Company No. 07942025 · Incorporated 8 Feb 2012

LB Financial Solutions Limited

Registered name: LB FINANCIAL SOLUTIONS LIMITED

Part of Affinia Group Holdings Limited group

LB Financial Solutions Limited made £679k revenue and a £55.2k loss in the year to 31 Aug 2023. read from filing text

LB Financial Solutions Limited’s revenue fell 48% to £679k in the year to 31 Aug 2023, with a loss of £55.2k and 11 employees. The company is classified under “financial management” and is based in Chelmsford; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70221Financial management
Status
Active
Location
Chelmsford, East of England
Age
14 yrs · since 2012
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.

Latest accounts · year to 31 Aug 2023

Key figures

Capital-light
Revenue
£679k
Growth ▼48.1%
Profit
−£55.2k
Growth ▼136.4%
Profit margin
−8.1%
Gross −3.8%
Employees
11
Change ▼8.3%
Profit / employee
−£5k
Revenue/employee £61.7k
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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Aug 202231 Aug 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£1.3m£679k
Cost of sales£995k£704k
Gross profit£312k−£25.7k
Operating profit£188k−£164k
Profit before tax£187k−£90.2k
Profit after tax£152k−£55.2k
Profit (best available)£152k−£55.2k
Employees (average)1211
Ratios
Profit margin11.6%−8.1%
Gross margin23.9%−3.8%
Revenue per employee£109k£61.7k
Profit per employee£12.6k−£5k
Growth (year on year)
Revenue growth—▼48.1%
Profit growth—▼136.4%
Headcount growth—▼8.3%
Balance sheet — indirect signals, not revenue
Cash at bank£22.5k£21.3k
Net assets£179k£16.1k
Fixed assets£2.4k£1.6k
Current assets£312k£94.2k
Debtors£15.8k£5.4k
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024
Derived from the latest filing

How the business works

Profit margin
−8.1%
Profit ÷ revenue.
Gross margin
−3.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£61.7k
Revenue ÷ average employees.
Profit per employee
−£5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.8%
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
▼91%
Now £16.1k
Cash at bank
▼5%
Now £21.3k
Headcount
▼8%
Now 11
Deferred income
—
Now —
Fixed assets
▼33%
Now £1.6k
Corporate ownership

Group structure

Ownership chain

  1. Affinia Group Holdings Limitedultimate parent75–100%
  2. LB Financial Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (10)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2023 (profit −£55.2k), from the Companies House accounts bulk data published Apr 2024. 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.