Lesser & Pavey Ltd.
Registered name: LESSER & PAVEY LTD.
Part of Leonardo Holdings Limited groupLesser & Pavey Ltd. made £18.5m revenue and £471k profit in the year to 31 Mar 2025. read from filing text
Lesser & Pavey Ltd.’s revenue was £18.5m in the year to 31 Mar 2025, with £471k profit and 29 employees. The company is classified under “wholesale of china and glassware and cleaning materials” and is based in Dartford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Dartford, South East
- Age
- 55 yrs · since 1971
- 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. From the filing: “The immediate parent undertaking is Leonardo Group Limited, a company registered in England”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £18.5m | £18.5m |
| Cost of sales | £12.6m | £12.6m |
| Gross profit | £5.8m | £5.9m |
| Operating profit | £1.2m | £711k |
| Profit before tax | £1.2m | £634k |
| Profit after tax | £912k | £471k |
| Profit (best available) | £912k | £471k |
| Staff costs | £1.6m | £1.6m |
| Employees (average) | 29 | 29 |
| Ratios | ||
| Profit margin | 4.9% | 2.5% |
| Gross margin | 31.5% | 31.8% |
| Revenue per employee | £636k | £637k |
| Profit per employee | £31.4k | £16.2k |
| Growth (year on year) | ||
| Revenue growth | — | ▲0.2% |
| Profit growth | — | ▼48.4% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £1.1m | £293k |
| Net assets | £5.1m | £5.3m |
| Fixed assets | £116k | £89.7k |
| Current assets | £7.9m | £8.2m |
| Debtors | £3.2m | £3.4m |
| Deferred income | £643k | £362k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 31.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £637k
- Revenue ÷ average employees.
- Profit per employee
- £16.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 18.5%
- 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
- ▲3%
- Now £5.3m
- Cash at bank
- ▼74%
- Now £293k
- Headcount
- 0%
- Now 29
- Deferred income
- ▼44%
- Now £362k
- Fixed assets
- ▼22%
- Now £89.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Leonardo Holdings Limitedultimate parent75–100%
- Leonardo Group Limited75–100%
- Lesser & Pavey Ltd.this company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Alberon Dolls LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Pattesons Glass LimitedHumberston · Wholesale of china and glassware and cleaning materials
- Revenue
- £19.3m
- Profit
- £1.2m
- Staff
- 27
- Yate Disposables LtdBristol · Wholesale of china and glassware and cleaning materials
- Revenue
- £28m
- Profit
- £545k
- Staff
- 109
- Innerglass LimitedPeterlee · Wholesale of china and glassware and cleaning materials
- Revenue
- £31.4m
- Profit
- £299k
- Staff
- 119
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £471k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 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.