Leo Textiles Limited
Registered name: LEO TEXTILES LIMITED
Leo Textiles Limited made £26.6m revenue and £3.4m profit in the year to 30 Jun 2025.
Leo Textiles Limited’s revenue grew 7% to £26.6m in the year to 30 Jun 2025, with £3.4m profit and 62 employees. The company is classified under “manufacture of workwear” and is based in Barnstaple; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Barnstaple, South West
- Age
- 45 yrs · since 1981
- 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 | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £19.8m | £22.8m | £24.8m | £26.6m |
| Cost of sales | £15.3m | £17.7m | £18.4m | £19.3m |
| Gross profit | £4.4m | £5.1m | £6.4m | £7.2m |
| Operating profit | £2.5m | £2.9m | — | — |
| Profit before tax | £2.5m | £2.9m | £3.9m | £4.4m |
| Profit after tax | £2m | £2.3m | £2.9m | £3.4m |
| Profit (best available) | £2m | £2.3m | £2.9m | £3.4m |
| Staff costs | £1.6m | £1.9m | £2.2m | £2.6m |
| Employees (average) | 49 | 54 | 56 | 62 |
| Ratios | ||||
| Profit margin | 10.3% | 10.1% | 11.7% | 12.6% |
| Gross margin | 22.4% | 22.3% | 25.9% | 27.2% |
| Revenue per employee | £403k | £421k | £442k | £428k |
| Profit per employee | £41.6k | £42.5k | £51.9k | £54.2k |
| Cash conversion | 138.1% | −151.1% | — | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲15.2% | ▲8.8% | ▲7.3% |
| Profit growth | — | ▲12.8% | ▲26.5% | ▲15.6% |
| Headcount growth | — | ▲10.2% | ▲3.7% | ▲10.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £58.2k | £413k | £1.8m | £3.1m |
| Net assets | £9.4m | £11.1m | £13.5m | £16m |
| Fixed assets | £1m | £994k | £967k | £983k |
| Current assets | £15.3m | £13.6m | £16.8m | £19.7m |
| Debtors | £4.7m | £5m | £5.7m | £5.6m |
| Deferred income | £1.4m | £700k | — | — |
| Cash from operations | £3.5m | −£4.5m | £3.4m | £3.4m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 12.6%
- Profit ÷ revenue.
- Gross margin
- 27.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £428k
- Revenue ÷ average employees.
- Profit per employee
- £54.2k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21%
- 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
- ▲19%
- Now £16m
- Cash at bank
- ▲66%
- Now £3.1m
- Headcount
- ▲11%
- Now 62
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £983k
Similar profitable businesses
- Rockfall UK LimitedAlfreton · Manufacture of workwear
- Revenue
- £21.6m
- Profit
- £1.8m
- Staff
- 47
- Alsico Laucuba LtdPreston · Manufacture of workwear
- Revenue
- £45.3m
- Profit
- £3.2m
- Staff
- —
- Hazchem Safety LtdBuckingham · Manufacture of workwear
- Revenue
- £12.5m
- Profit
- £72.5k
- Staff
- 42
- Tibard LimitedDukinfield · Manufacture of workwear
- Revenue
- £9.9m
- Profit
- £4.8m
- Staff
- 82
- Future Garments LimitedWarley · Manufacture of workwear
- Revenue
- £9.7m
- Profit
- £197k
- Staff
- 44
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit £3.4m), from the Companies House accounts bulk data published Feb 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.