Lyte Ladders and Towers Limited
Registered name: LYTE LADDERS AND TOWERS LIMITED
Part of Breal Capital (Lyte) Limited groupLyte Ladders and Towers Limited made £14.7m revenue and £1.5m profit in the year to 31 Dec 2024.
Lyte Ladders and Towers Limited’s revenue grew 38% to £14.7m in the year to 31 Dec 2024, with £1.5m profit and 110 employees. The company is classified under “manufacture of other fabricated metal products” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 7 yrs · since 2019
- 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) | £11m | £10.7m | £14.7m |
| Cost of sales | £8.5m | £8m | £10.7m |
| Gross profit | £2.5m | £2.7m | £4.1m |
| Operating profit | £222k | £300k | £1.3m |
| Profit before tax | −£207k | −£208k | £1.4m |
| Profit after tax | −£138k | −£141k | £1.5m |
| Profit (best available) | −£138k | −£141k | £1.5m |
| Staff costs | £3m | £2.7m | £3.5m |
| Employees (average) | 125 | 104 | 110 |
| Ratios | |||
| Profit margin | −1.3% | −1.3% | 10.3% |
| Gross margin | 22.6% | 25.2% | 27.7% |
| Revenue per employee | £87.9k | £103k | £134k |
| Profit per employee | −£1.1k | −£1.4k | £13.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼2.7% | ▲37.9% |
| Headcount growth | — | ▼16.8% | ▲5.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £25k | £42.7k | £81.4k |
| Net assets | £16.8k | £26k | £1.5m |
| Fixed assets | £3.7m | £3.8m | £1.1m |
| Current assets | £3.2m | £3.2m | £5.9m |
| Debtors | £1.7m | £1.4m | £1.7m |
| Deferred income | £371k | £366k | £364k |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 10.3%
- Profit ÷ revenue.
- Gross margin
- 27.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £134k
- Revenue ÷ average employees.
- Profit per employee
- £13.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 11.6%
- 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
- ▲5855%
- Now £1.5m
- Cash at bank
- ▲91%
- Now £81.4k
- Headcount
- ▲6%
- Now 110
- Deferred income
- ▼1%
- Now £364k
- Fixed assets
- ▼71%
- Now £1.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Breal Capital (Lyte) Limitedultimate parent75–100%
- Lyte Ladders and Towers Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Lfi (2023) LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Truflo Air Movement LimitedBristol · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £14.8m
- Profit
- £1.5m
- Staff
- 73
- T W Fabrications (Structures) LimitedPreston · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £14.6m
- Profit
- £369k
- Staff
- 85
- Graham Engineering LimitedManchester · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £15m
- Profit
- £155k
- Staff
- 167
- Lebronze Alloys UK LimitedWalsall · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £14.5m
- Profit
- £2.8m
- Staff
- 16
- Techno Engineering LimitedPembroke Dock · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £14.5m
- Profit
- £1.3m
- Staff
- 101
- Hill Engineering LimitedNewry · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £14.5m
- Profit
- £3.7m
- Staff
- 53
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.5m), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.