Lagan Homes Group Ltd
Registered name: LAGAN HOMES GROUP LTD
Part of Lagan Homes Holdings Limited groupLagan Homes Group Ltd made £155m revenue and £3.6m profit in the year to 31 Dec 2024. read from filing text
Lagan Homes Group Ltd’s revenue grew 19% to £155m in the year to 31 Dec 2024, with £3.6m profit and 129 employees. The company is classified under “activities of head offices” and is based in Belfast; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 11 yrs · since 2014
- 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 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £131m | £155m |
| Cost of sales | £113m | £134m |
| Gross profit | £17.4m | £21.3m |
| Profit before tax | £4.8m | £5.2m |
| Profit after tax | £3.8m | £3.6m |
| Profit (best available) | £3.8m | £3.6m |
| Employees (average) | 124 | 129 |
| Ratios | ||
| Profit margin | 2.9% | 2.3% |
| Gross margin | 13.3% | 13.7% |
| Revenue per employee | £1.1m | £1.2m |
| Profit per employee | £30.6k | £28.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲19% |
| Profit growth | — | ▼4.5% |
| Headcount growth | — | ▲4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £11.2k | £18.5k |
| Net assets | £50.1m | £50.1m |
| Fixed assets | £83.4m | £99.7m |
| Current assets | £1.9m | £2.2m |
| Debtors | £0 | £802k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 2.3%
- Profit ÷ revenue.
- Gross margin
- 13.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- Revenue ÷ average employees.
- Profit per employee
- £28.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 64.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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 £50.1m
- Cash at bank
- ▲65%
- Now £18.5k
- Headcount
- ▲4%
- Now 129
- Deferred income
- —
- Now —
- Fixed assets
- ▲19%
- Now £99.7m
Group structure
Ownership chain
- Lagan Homes Holdings Limitedultimate parent75–100%
- Lagan Homes Group Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Lagan Homes (N.i.) LtdRev. £0 · Profit −£3.2m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.6m), from the Companies House accounts bulk data published Sep 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.