L&M Holding Ltd
Registered name: L&M HOLDING LTD
L&M Holding Ltd made £8.7m revenue and £3.5m profit in the year to 30 Apr 2025. read from filing text
L&M Holding Ltd’s revenue grew 6% to £8.7m in the year to 30 Apr 2025, with £3.5m profit and 28 employees. The company is classified under “activities of head offices” and is based in Watford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Watford, East of England
- Age
- 11 yrs · since 2014
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £8.2m | £8.7m |
| Cost of sales | £6m | £6.7m |
| Gross profit | £2.1m | £2m |
| Operating profit | £3.6m | £3.4m |
| Profit before tax | £3.8m | £3.7m |
| Profit after tax | £3.5m | £3.5m |
| Profit (best available) | £3.5m | £3.5m |
| Employees (average) | 29 | 28 |
| Ratios | ||
| Profit margin | 43.5% | 39.9% |
| Gross margin | 26.3% | 23% |
| Revenue per employee | £282k | £309k |
| Profit per employee | £122k | £123k |
| Growth (year on year) | ||
| Revenue growth | — | ▲6% |
| Profit growth | — | ▼2.6% |
| Headcount growth | — | ▼3.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £6.2m | £5.9m |
| Net assets | £10.1m | £9.8m |
| Fixed assets | £11.3m | £11.2m |
| Deferred income | £0 | £0 |
| Source | FullAccounts · bulk data Apr 2026 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 39.9%
- Profit ÷ revenue.
- Gross margin
- 23%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £309k
- Revenue ÷ average employees.
- Profit per employee
- £123k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 129.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼2%
- Now £9.8m
- Cash at bank
- ▼4%
- Now £5.9m
- Headcount
- ▼3%
- Now 28
- Deferred income
- —
- Now £0
- Fixed assets
- ▼1%
- Now £11.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- L & M(Heating)supplies LimitedRev. £8.7m · Profit £387k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit £3.5m), from the Companies House accounts bulk data published Apr 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.