Locksley Engineering Company Limited
Registered name: LOCKSLEY ENGINEERING COMPANY LIMITED
Locksley Engineering Company Limited made £6.5m revenue and a £407k loss in the year to 31 Mar 2025.
Locksley Engineering Company Limited’s revenue grew 9% to £6.5m in the year to 31 Mar 2025, with a loss of £407k and 14 employees. The company is classified under “development of building projects” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 39 yrs · since 1987
- 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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £5.9m | £6.5m |
| Cost of sales | — | — | £5m | £6.1m |
| Gross profit | — | — | £941k | £325k |
| Operating profit | — | — | £244k | −£468k |
| Profit before tax | — | — | £229k | −£473k |
| Profit after tax | — | — | £168k | −£407k |
| Profit (best available) | — | — | £168k | −£407k |
| Employees (average) | 12 | 12 | 17 | 14 |
| Ratios | ||||
| Profit margin | — | — | 2.8% | −6.3% |
| Gross margin | — | — | 15.8% | 5% |
| Revenue per employee | — | — | £350k | £462k |
| Profit per employee | — | — | £9.9k | −£29.1k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲8.7% |
| Profit growth | — | — | — | ▼342.4% |
| Headcount growth | — | 0% | ▲41.7% | ▼17.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £13.5k | £91.5k | £90.9k | £7k |
| Net assets | £149k | £353k | £521k | £114k |
| Fixed assets | £11.9k | £68.5k | £69.8k | £14.2k |
| Current assets | £599k | £881k | £1.5m | £1.9m |
| Debtors | £348k | £746k | £1m | £1.6m |
| Source | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2023 | AbridgedAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −6.3%
- Profit ÷ revenue.
- Gross margin
- 5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £462k
- Revenue ÷ average employees.
- Profit per employee
- −£29.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.2%
- 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
- ▼78%
- Now £114k
- Cash at bank
- ▼92%
- Now £7k
- Headcount
- ▼18%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- ▼80%
- Now £14.2k
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£407k), from the Companies House accounts bulk data published Jan 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.