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Company No. 08888779 · Incorporated 12 Feb 2014

Locksville Technology Limited

Registered name: LOCKSVILLE TECHNOLOGY LIMITED

Locksville Technology Limited made £38.9m revenue and £698k profit in the year to 28 Feb 2025.

Locksville Technology Limited’s revenue was £38.9m in the year to 28 Feb 2025, with £698k profit and 37 employees. The company is classified under “other telecommunications activities” and is based in Ongar; we hold 4 years of its filed accounts.

Status
Active
Location
Ongar, East of England
Age
12 yrs · since 2014
Type
Private Limited Company
Latest accounts · year to 28 Feb 2025

Key figures

IndependentCapital-light
Revenue
£38.9m
Growth —
Profit
£698k
Growth —
Profit margin
1.8%
Gross 8.7%
Employees
37
Change —
Profit / employee
£18.9k
Revenue/employee £1.1m
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 to28 Feb 202328 Feb 202429 Feb 202428 Feb 2025
DisclosureFull P&LFull P&LNo P&LFull P&L
Profit & loss
Revenue (turnover)£36.5m£43.9m—£38.9m
Cost of sales£35.2m£41.8m—£35.5m
Gross profit£1.3m£2.1m—£3.4m
Operating profit£958k£1m—£882k
Profit before tax£958k£1m—£882k
Profit after tax£774k£1m—£698k
Profit (best available)£774k£1m—£698k
Employees (average)2332—37
Ratios
Profit margin2.1%2.4%—1.8%
Gross margin3.4%4.7%—8.7%
Revenue per employee£1.6m£1.4m—£1.1m
Profit per employee£33.6k£32.4k—£18.9k
Growth (year on year)
Revenue growth—▲20.3%——
Profit growth—▲33.8%——
Headcount growth—▲39.1%——
Balance sheet — indirect signals, not revenue
Cash at bank£2.2m£1.8m—£2.3m
Net assets£2.3m£2.4m£2.3m£2.7m
Fixed assets£0£406k—£251k
Current assets£3.4m£2.5m—£3.2m
Debtors£1.3m£649k—£941k
SourceFullAccounts · bulk data Aug 2024FullAccounts · bulk data Aug 2024FullAccounts · bulk data Sep 2026FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
1.8%
Profit ÷ revenue.
Gross margin
8.7%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£1.1m
Revenue ÷ average employees.
Profit per employee
£18.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.6%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
2.4%
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
▲16%
Now £2.7m
Cash at bank
—
Now £2.3m
Headcount
—
Now 37
Deferred income
—
Now —
Fixed assets
—
Now £251k
Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £698k), 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.