LW Liftings Ltd
Registered name: LW LIFTINGS LTD
LW Liftings Ltd made £1.1m revenue and £157k profit in the year to 31 Mar 2024.
LW Liftings Ltd’s revenue grew 3% to £1.1m in the year to 31 Mar 2024, with £157k profit and 2 employees. The company is classified under “other specialised construction activities” and is based in Solihull; we hold 3 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Solihull, West Midlands
- Age
- 8 yrs · since 2018
- 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 | 5 Apr 2022 | 5 Apr 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £513k | £1.1m | £1.1m |
| Cost of sales | — | £530k | £781k |
| Gross profit | — | £559k | £345k |
| Operating profit | — | £348k | £211k |
| Profit before tax | — | £348k | £205k |
| Profit after tax | £128k | £348k | £157k |
| Profit (best available) | £128k | £348k | £157k |
| Staff costs | £8.8k | £9.1k | — |
| Employees (average) | 1 | 1 | 2 |
| Ratios | |||
| Profit margin | 25% | 31.9% | 14% |
| Gross margin | — | 51.3% | 30.6% |
| Revenue per employee | £513k | £1.1m | £563k |
| Profit per employee | £128k | £348k | £78.7k |
| Growth (year on year) | |||
| Revenue growth | — | ▲112.1% | ▲3.3% |
| Profit growth | — | ▲171.3% | ▼54.8% |
| Headcount growth | — | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £150k | £51.9k |
| Net assets | £96.7k | £429k | £422k |
| Fixed assets | — | £0 | £14.9k |
| Current assets | £183k | £517k | £630k |
| Debtors | — | £80.9k | £165k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Nov 2024 |
How the business works
- Profit margin
- 14%
- Profit ÷ revenue.
- Gross margin
- 30.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £563k
- Revenue ÷ average employees.
- Profit per employee
- £78.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.7%
- 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 £422k
- Cash at bank
- ▼65%
- Now £51.9k
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £14.9k
Similar profitable businesses
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- Profit
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- Staff
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- Balmore Specialist Contracts LimitedOther specialised construction activities n.e.c.
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- KKB Fleet Services LtdRochester · Other specialised construction activities n.e.c.
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- SFS (Aberdeen) LimitedAberdeen · Other specialised construction activities n.e.c.
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- Seamless Aluminium International LimitedRichmond Road · Other specialised construction activities n.e.c.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £157k), from the Companies House accounts bulk data published Nov 2024. 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.