L.M. Products Limited
Registered name: L.M. PRODUCTS LIMITED
Part of L M Products (Holdings) Limited groupL.M. Products Limited made £12.4m revenue and £244k profit in the year to 31 Mar 2026.
L.M. Products Limited’s revenue fell 7% to £12.4m in the year to 31 Mar 2026, with £244k profit and 42 employees. The company is classified under “manufacture of other fabricated metal products” and is based in West Midlands; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Midlands, West Midlands
- Age
- 43 yrs · since 1983
- 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.
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 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | ||||
| Revenue (turnover) | £18.6m | £12.2m | £13.4m | £12.4m |
| Cost of sales | £14.3m | £10m | £10.9m | £9.9m |
| Gross profit | £4.3m | £2.2m | £2.5m | £2.6m |
| Operating profit | £1.4m | £247k | £259k | £295k |
| Profit before tax | £1.4m | £275k | £300k | £325k |
| Profit after tax | £1.2m | £194k | £231k | £244k |
| Profit (best available) | £1.2m | £194k | £231k | £244k |
| Staff costs | £1.6m | £1.6m | £1.9m | £1.9m |
| Employees (average) | 45 | 43 | 45 | 42 |
| Ratios | ||||
| Profit margin | 6.2% | 1.6% | 1.7% | 2% |
| Gross margin | 23.2% | 18.2% | 18.9% | 20.5% |
| Revenue per employee | £413k | £283k | £298k | £296k |
| Profit per employee | £25.7k | £4.5k | £5.1k | £5.8k |
| Cash conversion | −113.1% | −833% | −161% | −204.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼34.5% | ▲10% | ▼7.3% |
| Profit growth | — | ▼83.2% | ▲19.2% | ▲5.4% |
| Headcount growth | — | ▼4.4% | ▲4.7% | ▼6.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £312k | £2.2m | £2.4m | £2.9m |
| Net assets | £3.9m | £3.9m | £4.2m | £4.2m |
| Fixed assets | £221k | £194k | £277k | £233k |
| Current assets | £6.8m | £6.5m | £6.7m | £7.5m |
| Debtors | £2.8m | £1.9m | £2.2m | £2.2m |
| Cash from operations | −£1.6m | −£2.1m | −£417k | −£603k |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 2%
- Profit ÷ revenue.
- Gross margin
- 20.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £296k
- Revenue ÷ average employees.
- Profit per employee
- £5.8k
- Profit ÷ average employees.
- Cash conversion
- −204.4%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 17.8%
- 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
- ▲1%
- Now £4.2m
- Cash at bank
- ▲21%
- Now £2.9m
- Headcount
- ▼7%
- Now 42
- Deferred income
- —
- Now —
- Fixed assets
- ▼16%
- Now £233k
Group structure
Ownership chain
- L M Products (Holdings) Limitedultimate parent75–100%
- L.M. Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Guttercrest LimitedOswestry · Manufacture of other fabricated metal products n.e.c.
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- £12.3m
- Profit
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- Renthal LimitedStockport · Manufacture of other fabricated metal products n.e.c.
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- Thomson Pettie LimitedCarluke · Manufacture of other fabricated metal products n.e.c.
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- Technocover Ltd.Welshpool · Manufacture of other fabricated metal products n.e.c.
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- Edward Turner & Son LimitedManufacture of other fabricated metal products n.e.c.
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- £12.2m
- Profit
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- —
- Delfield Precision Engineering Co. LimitedRuislip · Manufacture of other fabricated metal products n.e.c.
- Revenue
- £12.7m
- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £244k), from the Companies House accounts bulk data published Aug 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026