L&M Performance Garage Ltd
Registered name: L&M PERFORMANCE GARAGE LTD
L&M Performance Garage Ltd made £23k revenue and a £28 loss in the year to 31 Jul 2025.
L&M Performance Garage Ltd’s revenue fell 50% to £23k in the year to 31 Jul 2025, with a loss of £28 and 0 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 5 yrs · since 2021
- 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 Jul 2022 | 31 Jul 2023 | 31 Jul 2024 | 31 Jul 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £37.1k | £46.3k | £23k |
| Cost of sales | — | £16.8k | £35.5k | £3.3k |
| Gross profit | — | £20.3k | £10.9k | £19.7k |
| Operating profit | — | −£10.5k | −£8.8k | −£28 |
| Profit before tax | — | −£10.5k | −£8.8k | −£28 |
| Profit after tax | — | −£10.5k | −£8.8k | −£28 |
| Profit (best available) | — | −£10.5k | −£8.8k | −£28 |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | — | −28.2% | −19.1% | −0.1% |
| Gross margin | — | 54.7% | 23.4% | 85.9% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲24.8% | ▼50.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £11.8k | £1.3k | £423 | £394 |
| Net assets | £14.1k | £24k | −£8.7k | £72 |
| Fixed assets | £11.5k | £22.7k | £17k | £12.8k |
| Current assets | £11.8k | £1.3k | £423 | £394 |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- −0.1%
- Profit ÷ revenue.
- Gross margin
- 85.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 55.7%
- 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
- —
- Now £72
- Cash at bank
- ▼7%
- Now £394
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £12.8k
Sources
Latest figures from FullAccounts for the year to 31 Jul 2025 (profit −£28), from the Companies House accounts bulk data published Feb 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.