How much does Lagan Building Solutions Limited make?

Lagan Building Solutions Limited reported revenue of £15.1m and £1.2m profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Lagan Building Solutions Limited have?

Lagan Building Solutions Limited reported an average of 22 employees in the year to 31 Mar 2025.

Is Lagan Building Solutions Limited profitable?

Yes — Lagan Building Solutions Limited reported a profit of £1.2m in the year to 31 Mar 2025.

Company No. NI042009 · Incorporated 23 Nov 2001

Lagan Building Solutions Limited

Registered name: LAGAN BUILDING SOLUTIONS LIMITED

Part of P.G.L Holdings (N.i.) Ltd group

Lagan Building Solutions Limited made £15.1m revenue and £1.2m profit in the year to 31 Mar 2025.

Lagan Building Solutions Limited’s revenue grew 4% to £15.1m in the year to 31 Mar 2025, with £1.2m profit and 22 employees. The company is classified under “non-specialised wholesale trade”; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Northern Ireland
Age: 24 yrs · since 2001
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 company is controlled by P.G.L Holdings (N.I.) Ltd.Registered Office;Lagan House19 Clarendon RoadBelfast, AntrimNorthern IrelandBT1 3BG”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£15.1m

Growth ▲3.9%

Profit

£1.2m

Growth ▲4.5%

Profit margin

7.9%

Gross 25.1%

Employees

Change ▼4.3%

Profit / employee

£54.2k

Revenue/employee £684k

Profitable streak

4yrs

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 to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£14.9m	£16m	£14.5m	£15.1m
Cost of sales	£11.1m	£12m	£10.8m	£11.3m
Gross profit	£3.8m	£4m	£3.7m	£3.8m
Operating profit	£1.6m	£1.7m	£1.3m	£1.3m
Profit before tax	£1.6m	£1.7m	£1.3m	£1.3m
Profit after tax	£1.3m	£1.4m	£1.1m	£1.2m
Profit (best available)	£1.3m	£1.4m	£1.1m	£1.2m
Staff costs	£1.1m	£1.2m	£1.2m	£1.2m
Employees (average)	24	23	23	22
Ratios
Profit margin	8.6%	9%	7.9%	7.9%
Gross margin	25.5%	24.9%	25.4%	25.1%
Revenue per employee	£622k	£696k	£630k	£684k
Profit per employee	£53.5k	£62.8k	£49.6k	£54.2k
Cash conversion	−5%	36.5%	82.5%	43.2%
Growth (year on year)
Revenue growth	—	▲7.2%	▼9.5%	▲3.9%
Profit growth	—	▲12.5%	▼21%	▲4.5%
Headcount growth	—	▼4.2%	0%	▼4.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.8m	£1.7m	£2.3m	£2.6m
Net assets	£5.6m	£7.1m	£8m	£9m
Fixed assets	£200k	£341k	£340k	£326k
Current assets	£9.2m	£9.7m	£10m	£11.7m
Debtors	£2.4m	£2.2m	£2m	£2.1m
Deferred income	£665k	£629k	£306k	£604k
Cash from operations	−£78.9k	£621k	£1.1m	£554k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 7.9%; Profit ÷ revenue.
Gross margin: 25.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £684k; Revenue ÷ average employees.
Profit per employee: £54.2k; Profit ÷ average employees.
Cash conversion: 43.2%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.8%; 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: ▲12%; Now £9m
Cash at bank: ▲14%; Now £2.6m
Headcount: ▼4%; Now 22
Deferred income: ▲97%; Now £604k
Fixed assets: ▼4%; Now £326k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

P.G.L Holdings (N.i.) Ltdultimate parent75–100%
Lagan Building Solutions Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

P.G.L Acquisitions LtdFigures not disclosed
P.G.L Properties (N.i.) LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.2m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.