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Company No. NI020319 · Incorporated 23 Mar 1987

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
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightDoing more with less
Revenue
£6.5m
Growth ▲8.7%
Profit
−£407k
Growth ▼342.4%
Profit margin
−6.3%
Gross 5%
Employees
14
Change ▼17.6%
Profit / employee
−£29.1k
Revenue/employee £462k
Profitable streak
0yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureNo P&LNo P&LFull P&LFull 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)12121714
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
SourceAbridgedAccounts · bulk data Dec 2023AbridgedAccounts · bulk data Dec 2023AbridgedAccounts · bulk data Dec 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
Indirect — not revenue

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
Same industry, similar size

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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.