LBP Optics Limited
Registered name: LBP OPTICS LIMITED
Part of Ballawnan Limited groupLBP Optics Limited made £1.1m revenue and a £353k loss in the year to 31 Dec 2024.
LBP Optics Limited’s revenue fell 46% to £1.1m in the year to 31 Dec 2024, with a loss of £353k and 16 employees. The company is classified under “manufacture of optical precision instruments” and is based in Biggleswade; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Biggleswade, East of England
- Age
- 9 yrs · since 2017
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.2m | £2.1m | £1.1m |
| Cost of sales | £601k | £543k | £433k |
| Gross profit | £1.6m | £1.6m | £716k |
| Operating profit | £276k | £41.6k | −£386k |
| Profit before tax | £260k | £30.4k | −£406k |
| Profit after tax | £190k | £12k | −£353k |
| Profit (best available) | £190k | £12k | −£353k |
| Staff costs | £674k | £744k | £413k |
| Employees (average) | 18 | 18 | 16 |
| Ratios | |||
| Profit margin | 8.5% | 0.6% | −30.7% |
| Gross margin | 73% | 74.8% | 62.3% |
| Revenue per employee | £124k | £119k | £71.9k |
| Profit per employee | £10.5k | £669 | −£22.1k |
| Cash conversion | −176.8% | −334.4% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.5% | ▼46.5% |
| Profit growth | — | ▼93.7% | ▼3034% |
| Headcount growth | — | 0% | ▼11.1% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £113k | £83.3k | £18.3k |
| Net assets | £657k | £546k | £174k |
| Fixed assets | £655k | £428k | £233k |
| Current assets | £1.1m | £1m | £423k |
| Debtors | £751k | £675k | £214k |
| Cash from operations | −£487k | −£139k | −£78.9k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −30.7%
- Profit ÷ revenue.
- Gross margin
- 62.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £71.9k
- Revenue ÷ average employees.
- Profit per employee
- −£22.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 20.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.6%
- 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
- ▼68%
- Now £174k
- Cash at bank
- ▼78%
- Now £18.3k
- Headcount
- ▼11%
- Now 16
- Deferred income
- —
- Now —
- Fixed assets
- ▼46%
- Now £233k
Group structure
Ownership chain
- Ballawnan Limitedultimate parent75–100%
- LBP Optics Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Ulo Optics LimitedRev. £4m · Profit £160k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£353k), from the Companies House accounts bulk data published Jun 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.