How much does Learning Resources Limited make?

Learning Resources Limited reported revenue of £22m and £1.1m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Learning Resources Limited have?

Learning Resources Limited reported an average of 47 employees in the year to 31 Dec 2025.

Is Learning Resources Limited profitable?

Yes — Learning Resources Limited reported a profit of £1.1m in the year to 31 Dec 2025.

Company No. 03005652 · Incorporated 21 Dec 1994

Learning Resources Limited

Registered name: LEARNING RESOURCES LIMITED

Learning Resources Limited made £22m revenue and £1.1m profit in the year to 31 Dec 2025. read from filing text

Learning Resources Limited’s revenue grew 9% to £22m in the year to 31 Dec 2025, with £1.1m profit and 47 employees. The company is classified under “wholesale of household goods (other than musical instruments)” and is based in Godalming; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46499Wholesale of household goods (other than musical instruments) n.e.c.

Status: Active
Location: Godalming, South East
Age: 31 yrs · since 1994
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 and ultimate parent company is LR-UK, Inc. a company incorporated and registered in the United States of America.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverageDoing more with lessCash flow filed

Revenue

£22m

Growth ▲8.6%

Profit

£1.1m

Growth ▲21.7%

Profit margin

Gross 51.7%

Employees

Change ▼4.1%

Profit / employee

£23.6k

Revenue/employee £469k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£20.3m	£22m
Cost of sales	£9.9m	£10.6m
Gross profit	£10.4m	£11.4m
Operating profit	£1.2m	£1.5m
Profit before tax	£1.2m	£1.5m
Profit after tax	£910k	£1.1m
Profit (best available)	£910k	£1.1m
Staff costs	£2.8m	£3.1m
Employees (average)	49	47
Ratios
Profit margin	4.5%	5%
Gross margin	51.1%	51.7%
Revenue per employee	£414k	£469k
Profit per employee	£18.6k	£23.6k
Cash conversion	−39.7%	−226.5%
Growth (year on year)
Revenue growth	—	▲8.6%
Profit growth	—	▲21.7%
Headcount growth	—	▼4.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£2m	£3.9m
Net assets	£7.7m	£7.7m
Fixed assets	£1.1m	£960k
Current assets	£11.4m	£12.9m
Debtors	£5.1m	£4.7m
Deferred income	£2.5m	£2.3m
Cash from operations	−£489k	−£3.3m
Source	FullAccounts · bulk data Jul 2026	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 5%; Profit ÷ revenue.
Gross margin: 51.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £469k; Revenue ÷ average employees.
Profit per employee: £23.6k; Profit ÷ average employees.
Cash conversion: −226.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 4.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 21.3%; 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: ▼1%; Now £7.7m
Cash at bank: ▲90%; Now £3.9m
Headcount: ▼4%; Now 47
Deferred income: ▼10%; Now £2.3m
Fixed assets: ▼9%; Now £960k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Jul 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.