Lagan Valley Steels Limited
Registered name: LAGAN VALLEY STEELS LIMITED
Lagan Valley Steels Limited made £13.7m revenue and £30.9k profit in the year to 31 Mar 2025. read from filing text
Lagan Valley Steels Limited’s revenue fell 18% to £13.7m in the year to 31 Mar 2025, with £30.9k profit and 20 employees. The company is classified under “wholesale of metals and metal ores” and is based in Hillsborough; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Hillsborough, Northern Ireland
- Age
- 49 yrs · since 1976
- 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. From the filing: “The ultimate controlling party is Mr T Anderson.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £16.8m | £13.7m |
| Cost of sales | £14.8m | £11.7m |
| Gross profit | £2m | £1.9m |
| Operating profit | −£9.1k | −£81k |
| Profit before tax | £56.6k | £61.1k |
| Profit after tax | £28.1k | £30.9k |
| Profit (best available) | £28.1k | £30.9k |
| Staff costs | £1.2m | £1.2m |
| Employees (average) | 20 | 20 |
| Ratios | ||
| Profit margin | 0.2% | 0.2% |
| Gross margin | 11.7% | 14.1% |
| Revenue per employee | £838k | £683k |
| Profit per employee | £1.4k | £1.5k |
| Growth (year on year) | ||
| Revenue growth | — | ▼18.4% |
| Profit growth | — | ▲9.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £3.8m | £4.4m |
| Net assets | £8.9m | £9m |
| Fixed assets | £1.2m | £1m |
| Current assets | £11.4m | £11.2m |
| Debtors | £3.2m | £2.6m |
| Deferred income | £441k | £418k |
| Cash from operations | −£1.1m | — |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 0.2%
- Profit ÷ revenue.
- Gross margin
- 14.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £683k
- Revenue ÷ average employees.
- Profit per employee
- £1.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.9%
- 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
- ▲0%
- Now £9m
- Cash at bank
- ▲18%
- Now £4.4m
- Headcount
- 0%
- Now 20
- Deferred income
- ▼5%
- Now £418k
- Fixed assets
- ▼13%
- Now £1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £30.9k), 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.