L.S. Starrett Company Ltd. (The)
Registered name: L.S. STARRETT COMPANY LTD. (THE)
L.S. Starrett Company Ltd. (The) made £17.6m revenue and £3.1m profit in the year to 31 Dec 2024. read from filing text
L.S. Starrett Company Ltd. (The)’s revenue was £17.6m in the year to 31 Dec 2024, with £3.1m profit and 67 employees. The company is classified under “manufacture of tools”; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Scotland
- Age
- 68 yrs · since 1958
- 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 | 30 Jun 2022 | 30 Jun 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £13.8m | £13.3m | £17.6m |
| Cost of sales | £10.8m | £9.8m | £14.4m |
| Gross profit | £3m | £3.5m | £3.2m |
| Operating profit | £1.9m | £335k | — |
| Profit before tax | £1.9m | £351k | −£2.3m |
| Profit after tax | £1.8m | £5k | £3.1m |
| Profit (best available) | £1.8m | £5k | £3.1m |
| Staff costs | — | — | £4.2m |
| Employees (average) | 71 | 60 | 67 |
| Ratios | |||
| Profit margin | 13.3% | 0% | 17.6% |
| Gross margin | 22% | 26% | 18% |
| Revenue per employee | £195k | £221k | £262k |
| Profit per employee | £25.8k | £83 | £46.3k |
| Growth (year on year) | |||
| Revenue growth | — | ▼4% | — |
| Profit growth | — | ▼99.7% | — |
| Headcount growth | — | ▼15.5% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £1.4m | £887k | £960k |
| Net assets | £9.8m | £7.5m | £3.5m |
| Fixed assets | £1.2m | £1.8m | £2m |
| Current assets | £14.7m | £11.1m | £10.7m |
| Debtors | £2.6m | £2m | £2.6m |
| Deferred income | £331k | £555k | £825k |
| Source | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 17.6%
- Profit ÷ revenue.
- Gross margin
- 18%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £262k
- Revenue ÷ average employees.
- Profit per employee
- £46.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 4.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 14.5%
- 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
- —
- Now £3.5m
- Cash at bank
- —
- Now £960k
- Headcount
- —
- Now 67
- Deferred income
- —
- Now £825k
- Fixed assets
- —
- Now £2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £3.1m), from the Companies House accounts bulk data published May 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.