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
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 28 Feb 2024 | 29 Feb 2024 | 28 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | No P&L | Full 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) | 23 | 32 | — | 37 |
| Ratios | ||||
| Profit margin | 2.1% | 2.4% | — | 1.8% |
| Gross margin | 3.4% | 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 |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
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.
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
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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.