How much does Lovie Construction Limited make?

Lovie Construction Limited reported revenue of £10.4m and £968k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Lovie Construction Limited have?

Lovie Construction Limited reported an average of 59 employees in the year to 31 Mar 2025.

Is Lovie Construction Limited profitable?

Yes — Lovie Construction Limited reported a profit of £968k in the year to 31 Mar 2025.

Company No. SC121494 · Incorporated 21 Nov 1989

Lovie Construction Limited

Registered name: LOVIE CONSTRUCTION LIMITED

Part of Lovie Holdings Ltd group

Lovie Construction Limited made £10.4m revenue and £968k profit in the year to 31 Mar 2025.

Lovie Construction Limited’s revenue fell 21% to £10.4m in the year to 31 Mar 2025, with £968k profit and 59 employees. The company is classified under “construction of commercial buildings” and is based in Fraserburgh; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings SIC 41202Construction of domestic buildings

Status: Active
Location: Fraserburgh, Scotland
Age: 36 yrs · since 1989
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£10.4m

Growth ▼21.2%

Profit

£968k

Growth ▲57%

Profit margin

9.3%

Gross 27%

Employees

Change 0%

Profit / employee

£16.4k

Revenue/employee £177k

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16.1m	£13.3m	£10.4m
Cost of sales	£8m	£11.1m	£7.6m
Gross profit	£8m	£2.2m	£2.8m
Operating profit	£6.6m	£736k	£1.2m
Profit before tax	£6.6m	£837k	£1.3m
Profit after tax	£5.3m	£617k	£968k
Profit (best available)	£5.3m	£617k	£968k
Staff costs	£2.8m	£3.1m	£3.2m
Employees (average)	59	59	59
Ratios
Profit margin	32.9%	4.7%	9.3%
Gross margin	50%	16.3%	27%
Revenue per employee	£273k	£225k	£177k
Profit per employee	£89.7k	£10.5k	£16.4k
Growth (year on year)
Revenue growth	—	▼17.5%	▼21.2%
Profit growth	—	▼88.3%	▲57%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£9.3m	£5m	£7.3m
Net assets	£21m	£21.7m	£17.6m
Fixed assets	£4.4m	£4.5m	£4.2m
Current assets	£19.6m	£19.2m	£16m
Debtors	£7m	£7.6m	£6.7m
Deferred income	£226k	£597k	£782k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 9.3%; Profit ÷ revenue.
Gross margin: 27%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £177k; Revenue ÷ average employees.
Profit per employee: £16.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 40%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 7.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 64%; 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: ▼19%; Now £17.6m
Cash at bank: ▲45%; Now £7.3m
Headcount: 0%; Now 59
Deferred income: ▲31%; Now £782k
Fixed assets: ▼7%; Now £4.2m

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

Lovie Holdings Ltdultimate parent75–100%
Lovie Construction Limitedthis company

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

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £968k), from the Companies House accounts bulk data published Dec 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.