Leonari Limited
Registered name: LEONARI LIMITED
Leonari Limited made £31m revenue and £4.2m profit in the year to 31 Jan 2025. read from filing text
Leonari Limited’s revenue grew 39% to £31m in the year to 31 Jan 2025, with £4.2m profit and 20 employees. The company is classified under “other specialised construction activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- 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: “S Londos is the ultimate controlling party by virtue of his directorship and shareholding in Vigos Enterprises Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £17.1m | £22.2m | £31m |
| Cost of sales | £12.8m | £16.8m | £23.8m |
| Gross profit | £4.2m | £5.4m | £7.1m |
| Operating profit | £2.9m | £3.9m | £5.3m |
| Profit before tax | £2.9m | £3.9m | £5.3m |
| Profit after tax | £2.5m | £2.9m | £4.2m |
| Profit (best available) | £2.5m | £2.9m | £4.2m |
| Staff costs | — | £1.2m | £1.4m |
| Employees (average) | 15 | 17 | 20 |
| Ratios | |||
| Profit margin | 14.8% | 13.2% | 13.5% |
| Gross margin | 24.8% | 24.4% | 23.1% |
| Revenue per employee | £1.1m | £1.3m | £1.5m |
| Profit per employee | £169k | £172k | £209k |
| Cash conversion | −88.6% | −155.6% | −108.8% |
| Growth (year on year) | |||
| Revenue growth | — | ▲30.3% | ▲39.2% |
| Profit growth | — | ▲15.9% | ▲42.8% |
| Headcount growth | — | ▲13.3% | ▲17.6% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £3.1m | £5.2m | £6.2m |
| Net assets | £1.9m | £2.1m | £2.5m |
| Fixed assets | £2.8k | £9k | £13.2k |
| Current assets | £8.8m | £10.2m | £14.5m |
| Debtors | £3.8m | £3.7m | £5.9m |
| Deferred income | — | £1.9m | £2.1m |
| Cash from operations | −£2.6m | −£6m | −£5.7m |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 13.5%
- Profit ÷ revenue.
- Gross margin
- 23.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.5m
- Revenue ÷ average employees.
- Profit per employee
- £209k
- Profit ÷ average employees.
- Cash conversion
- −108.8%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 19%
- 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
- ▲19%
- Now £2.5m
- Cash at bank
- ▲18%
- Now £6.2m
- Headcount
- ▲18%
- Now 20
- Deferred income
- ▲10%
- Now £2.1m
- Fixed assets
- ▲46%
- Now £13.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Vigos Enterprises Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- E.j.c. Contracts LtdNewtownabbey · Other specialised construction activities n.e.c.
- Revenue
- £30.8m
- Profit
- £5.4m
- Staff
- 66
- Measom (Dryline) LimitedLeicester · Other specialised construction activities n.e.c.
- Revenue
- £31.4m
- Profit
- £561k
- Staff
- 92
- Glanville Cleansing LimitedHarrogate · Other specialised construction activities n.e.c.
- Revenue
- £31.4m
- Profit
- £2.9m
- Staff
- 192
- Midwest Construction LimitedLondon · Other specialised construction activities n.e.c.
- Revenue
- £31.4m
- Profit
- £359k
- Staff
- 15
- Permaroof (UK) LimitedAlfreton · Other specialised construction activities n.e.c.
- Revenue
- £30.5m
- Profit
- £743k
- Staff
- 55
- McCoy Contractors LimitedSolihull · Other specialised construction activities n.e.c.
- Revenue
- £30.4m
- Profit
- £995k
- Staff
- 12
Sources
Latest figures from FullAccounts for the year to 31 Jan 2025 (profit £4.2m), from the Companies House accounts bulk data published Oct 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.