How much does Lambson Innovate Limited make?

Lambson Innovate Limited reported revenue of £20.8m and £931k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Lambson Innovate Limited have?

Lambson Innovate Limited reported an average of 58 employees in the year to 31 Dec 2024.

Is Lambson Innovate Limited profitable?

Yes — Lambson Innovate Limited reported a profit of £931k in the year to 31 Dec 2024.

Company No. 00878297 · Incorporated 2 May 1966

Lambson Innovate Limited

Registered name: LAMBSON INNOVATE LIMITED

Part of Nimbus Building Products Limited group

Lambson Innovate Limited made £20.8m revenue and £931k profit in the year to 31 Dec 2024.

Lambson Innovate Limited’s revenue fell 44% to £20.8m in the year to 31 Dec 2024, with £931k profit and 58 employees. The company is classified under “manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials” and is based in Castleford; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 16290Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Status: Active
Location: Castleford, Yorkshire and The Humber
Age: 60 yrs · since 1966
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 Dec 2024

Key figures

Revenue

£20.8m

Growth ▼44.4%

Profit

£931k

Growth ▼73.1%

Profit margin

4.5%

Gross 25.5%

Employees

Change ▼7.9%

Profit / employee

£16k

Revenue/employee £358k

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 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£49.1m	£37.3m	£20.8m
Cost of sales	£38.9m	£27.9m	£15.5m
Gross profit	£10.2m	£9.4m	£5.3m
Operating profit	£6.6m	£5.4m	£2m
Profit before tax	£6.2m	£4.5m	£1.2m
Profit after tax	£5m	£3.5m	£931k
Profit (best available)	£5m	£3.5m	£931k
Staff costs	£2.2m	£2.6m	£2m
Employees (average)	65	63	58
Ratios
Profit margin	10.1%	9.3%	4.5%
Gross margin	20.8%	25.2%	25.5%
Revenue per employee	£756k	£593k	£358k
Profit per employee	£76.3k	£55k	£16k
Growth (year on year)
Revenue growth	—	▼24%	▼44.4%
Profit growth	—	▼30.2%	▼73.1%
Headcount growth	—	▼3.1%	▼7.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£480k	£27.7k	£1.4m
Net assets	£18.1m	£9.5m	£10m
Fixed assets	£2.4m	£2.5m	£2.4m
Current assets	£25.8m	£16.7m	£16.4m
Debtors	£6.8m	£6.2m	£3.9m
Deferred income	£402k	£489k	£117k
Source	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 4.5%; Profit ÷ revenue.
Gross margin: 25.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £358k; Revenue ÷ average employees.
Profit per employee: £16k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.7%; 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: ▲5%; Now £10m
Cash at bank: ▲4875%; Now £1.4m
Headcount: ▼8%; Now 58
Deferred income: ▼76%; Now £117k
Fixed assets: ▼6%; Now £2.4m

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

Nimbus Building Products Limitedultimate parent75–100%
Lambson Innovate Limitedthis company

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

Sister companies (3)

Cirrus Laminations LimitedFigures not disclosed
Fractus Holdings LimitedFigures not disclosed
Laminated Products LimitedFigures not disclosed

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 Dec 2024 (profit £931k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.