L & C Plastering Limited
Registered name: L & C PLASTERING LIMITED
L & C Plastering Limited made £2.8m revenue and £1.4m profit in the year to 31 Mar 2024.
L & C Plastering Limited’s revenue grew 359% to £2.8m in the year to 31 Mar 2024, with £1.4m profit and 7 employees. The company is classified under “plastering” and is based in Edinburgh; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Edinburgh, Scotland
- Age
- 5 yrs · since 2021
- 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 Mar 2023 | 31 Mar 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £614k | £2.8m |
| Cost of sales | £101k | £702k |
| Gross profit | £513k | £2.1m |
| Operating profit | £356k | £1.4m |
| Profit before tax | £356k | £1.4m |
| Profit after tax | £356k | £1.4m |
| Profit (best available) | £356k | £1.4m |
| Employees (average) | 4 | 7 |
| Ratios | ||
| Profit margin | 57.9% | 50.3% |
| Gross margin | 83.5% | 75.1% |
| Revenue per employee | £154k | £403k |
| Profit per employee | £88.9k | £203k |
| Growth (year on year) | ||
| Revenue growth | — | ▲359% |
| Profit growth | — | ▲299.1% |
| Headcount growth | — | ▲75% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | — | £146k |
| Net assets | £29.7k | £630k |
| Fixed assets | £268k | £514k |
| Current assets | £3.3k | £157k |
| Source | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2025 |
How the business works
- Profit margin
- 50.3%
- Profit ÷ revenue.
- Gross margin
- 75.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £403k
- Revenue ÷ average employees.
- Profit per employee
- £203k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 18.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▲2025%
- Now £630k
- Cash at bank
- —
- Now £146k
- Headcount
- ▲75%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▲92%
- Now £514k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.4m), from the Companies House accounts bulk data published Jan 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.