Loc Hire Ltd
Registered name: LOC HIRE LTD
Loc Hire Ltd made £8m revenue and £86.7k profit in the year to 31 Dec 2025.
Loc Hire Ltd’s revenue fell 17% to £8m in the year to 31 Dec 2025, with £86.7k profit and 70 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Bonnybridge; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bonnybridge, Scotland
- Age
- 12 yrs · since 2014
- 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 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £8m | £7.7m | £9.7m | £8m |
| Cost of sales | £4.3m | £4.4m | £5.7m | £3.9m |
| Gross profit | £3.7m | £3.2m | £4m | £4.2m |
| Operating profit | £1.4m | £693k | £961k | £1.2m |
| Profit before tax | £277k | £955 | −£105k | £240k |
| Profit after tax | £257k | £133k | £61.2k | £86.7k |
| Profit (best available) | £257k | £133k | £61.2k | £86.7k |
| Staff costs | £2m | £2.4m | £2.5m | £1.9m |
| Employees (average) | 59 | 68 | 68 | 70 |
| Ratios | ||||
| Profit margin | 3.2% | 1.7% | 0.6% | 1.1% |
| Gross margin | 46.4% | 42.1% | 41.1% | 51.7% |
| Revenue per employee | £136k | £113k | £143k | £115k |
| Profit per employee | £4.4k | £2k | £900 | £1.2k |
| Cash conversion | 215.8% | 441.3% | 90.4% | 363.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼4.3% | ▲26.5% | ▼17.3% |
| Profit growth | — | ▼48.1% | ▼54.1% | ▲41.6% |
| Headcount growth | — | ▲15.3% | 0% | ▲2.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £208k | £197k | £73.6k | £517k |
| Net assets | £3m | £3.1m | £3.3m | £3.6m |
| Fixed assets | £14.2m | £12.8m | £14.3m | £15.1m |
| Current assets | £2.3m | £4m | £5.5m | £7m |
| Debtors | £1.5m | £1.6m | £1.5m | £1.2m |
| Deferred income | £134k | £811k | £909k | £1.7m |
| Cash from operations | £3.1m | £3.1m | £869k | £4.5m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 1.1%
- Profit ÷ revenue.
- Gross margin
- 51.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £115k
- Revenue ÷ average employees.
- Profit per employee
- £1.2k
- Profit ÷ average employees.
- Cash conversion
- 363.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 187.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 21.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.3%
- 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
- ▲9%
- Now £3.6m
- Cash at bank
- ▲603%
- Now £517k
- Headcount
- ▲3%
- Now 70
- Deferred income
- ▲91%
- Now £1.7m
- Fixed assets
- ▲5%
- Now £15.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (2)
- Loc Hire Events LtdFigures not disclosed
- Sleep Space Hire LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £86.7k), from the Companies House accounts bulk data published Sep 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.