Frankham National Limited
Registered name: FRANKHAM NATIONAL LIMITED
Part of Lloyds Banking Group PLC groupFrankham National Limited made £25.7m revenue and £114k profit in the year to 31 Mar 2025.
Frankham National Limited’s revenue grew 8% to £25.7m in the year to 31 Mar 2025, with £114k profit and 211 employees. The company is classified under “activities of construction holding companies” and is based in Sidcup; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Sidcup, South East
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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 | 13 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £23.9m | £25.7m |
| Cost of sales | — | £16.1m | £15.9m |
| Gross profit | — | £7.8m | £9.8m |
| Operating profit | — | £2.2m | £2.2m |
| Profit before tax | — | £2.3m | £2.3m |
| Profit after tax | — | £98.3k | £114k |
| Profit (best available) | — | £98.3k | £114k |
| Staff costs | — | £12.2m | £13.6m |
| Employees (average) | — | 203 | 211 |
| Ratios | |||
| Profit margin | — | 0.4% | 0.4% |
| Gross margin | — | 32.5% | 38.1% |
| Revenue per employee | — | £118k | £122k |
| Profit per employee | — | £484 | £540 |
| Cash conversion | — | −40.4% | 120.5% |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲7.6% |
| Profit growth | — | — | ▲16% |
| Headcount growth | — | — | ▲3.9% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £1.8m | £3.2m |
| Net assets | £3.5m | £5.4m | £7m |
| Fixed assets | — | £425k | £386k |
| Current assets | — | £10.4m | £13m |
| Debtors | — | £3.7m | £4.6m |
| Cash from operations | — | −£895k | £2.6m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.4%
- Profit ÷ revenue.
- Gross margin
- 38.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £122k
- Revenue ÷ average employees.
- Profit per employee
- £540
- Profit ÷ average employees.
- Cash conversion
- 120.5%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18%
- 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
- ▲29%
- Now £7m
- Cash at bank
- ▲77%
- Now £3.2m
- Headcount
- ▲4%
- Now 211
- Deferred income
- —
- Now —
- Fixed assets
- ▼9%
- Now £386k
Group structure
Ownership chain
- Lloyds Banking Group PLCultimate parent75–100%
- LBG Equity Investments Limited75–100%
- Lloyds Development Capital (Holdings) Limited75–100%
- LDC (General Partner) Limited75–100%
- LDC GP LLP75–100%
- Leo Topco Limited75–100%
- Leo Midco Limited75–100%
- Leo Bidco Limited75–100%
- Frankham National Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Frankham Consultancy Group LimitedRev. £17.8m · Profit £547k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £114k), from the Companies House accounts bulk data published Dec 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.