Lloyds Rigging Lifting Testing Ltd
Registered name: LLOYDS RIGGING LIFTING TESTING LTD
Lloyds Rigging Lifting Testing Ltd made £345k revenue and £13.5k profit in the year to 31 Mar 2025.
Lloyds Rigging Lifting Testing Ltd’s revenue grew 70% to £345k in the year to 31 Mar 2025, with £13.5k profit and 1 employee. The company is classified under “repair and maintenance of ships and boats” and is based in Plymouth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Plymouth, South West
- Age
- 9 yrs · since 2017
- 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 | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £202k | £274k | £203k | £345k |
| Profit after tax | −£31.3k | £1.8k | £2k | £13.5k |
| Profit (best available) | −£31.3k | £1.8k | £2k | £13.5k |
| Staff costs | £39.8k | £33.4k | £18.9k | £17.2k |
| Employees (average) | — | 2 | 1 | 1 |
| Ratios | ||||
| Profit margin | −15.5% | 0.7% | 1% | 3.9% |
| Revenue per employee | — | £137k | £203k | £345k |
| Profit per employee | — | £916 | £2k | £13.5k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲35.6% | ▼25.8% | ▲69.9% |
| Profit growth | — | — | ▲11.4% | ▲560.8% |
| Headcount growth | — | — | ▼50% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £20.8k | £23.1k | £25.1k | £38.6k |
| Fixed assets | £20.8k | £21.1k | £22.8k | £66.6k |
| Current assets | £80.3k | £107k | £143k | £122k |
| Source | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 3.9%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £345k
- Revenue ÷ average employees.
- Profit per employee
- £13.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 19.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- 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
- ▲54%
- Now £38.6k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲192%
- Now £66.6k
Similar profitable businesses
- United Shipyards LtdLondon · Repair and maintenance of ships and boats
- Revenue
- £161k
- Profit
- £47.4k
- Staff
- 0
- Cairndow Mechanical Services LimitedCairndow · Repair and maintenance of ships and boats
- Revenue
- £146k
- Profit
- £13.3k
- Staff
- 2
- Integrale Technical Services LtdNewton Abbot · Repair and maintenance of ships and boats
- Revenue
- £133k
- Profit
- £4.4k
- Staff
- 1
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £13.5k), from the Companies House accounts bulk data published Nov 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.