Luton & Kent Commercial Services LLP
Registered name: LUTON & KENT COMMERCIAL SERVICES LLP
Luton & Kent Commercial Services LLP made £16.5m revenue and £480k profit in the year to 31 Mar 2023.
Luton & Kent Commercial Services LLP’s revenue grew 26% to £16.5m in the year to 31 Mar 2023, with £480k profit and 115 employees. The company is based in West Malling; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- West Malling, South East
- Age
- 6 yrs · since 2020
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
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 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £13.1m | £16.5m |
| Cost of sales | £12.1m | £15.2m |
| Gross profit | £954k | £1.3m |
| Operating profit | £308k | £480k |
| Profit after tax | £290k | £480k |
| Profit (best available) | £290k | £480k |
| Staff costs | £3m | £3.3m |
| Employees (average) | 105 | 115 |
| Ratios | ||
| Profit margin | 2.2% | 2.9% |
| Gross margin | 7.3% | 7.7% |
| Revenue per employee | £124k | £143k |
| Profit per employee | £2.8k | £4.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲25.9% |
| Profit growth | — | ▲65.5% |
| Headcount growth | — | ▲9.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £704k | £1.3m |
| Net assets | £159k | £539k |
| Fixed assets | £15k | £12k |
| Current assets | £1.9m | £2.2m |
| Debtors | £802k | £590k |
| Deferred income | £1m | £1.4m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 7.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £143k
- Revenue ÷ average employees.
- Profit per employee
- £4.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.6%
- 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
- ▲239%
- Now £539k
- Cash at bank
- ▲81%
- Now £1.3m
- Headcount
- ▲10%
- Now 115
- Deferred income
- ▲39%
- Now £1.4m
- Fixed assets
- ▼20%
- Now £12k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Commercial Services Kent Limited
- Luton Council (registered outside the UK register)
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £480k), from the Companies House accounts bulk data published Dec 2023. 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.