LMR Drilling UK Ltd
Registered name: LMR DRILLING UK LTD
LMR Drilling UK Ltd made £888k revenue and a £223k loss in the year to 31 Dec 2025. read from filing text
LMR Drilling UK Ltd’s revenue grew 3% to £888k in the year to 31 Dec 2025, with a loss of £223k and 14 employees. The company is classified under “test drilling and boring” and is based in Birkenhead; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Birkenhead, North West
- Age
- 27 yrs · since 1999
- 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”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £860k | £888k |
| Cost of sales | — | — | £658k | £804k |
| Gross profit | — | — | £202k | £84.1k |
| Operating profit | — | — | −£370k | −£280k |
| Profit before tax | — | — | −£263k | −£223k |
| Profit after tax | — | — | −£263k | −£223k |
| Profit (best available) | — | — | −£263k | −£223k |
| Employees (average) | 9 | 11 | 14 | 14 |
| Ratios | ||||
| Profit margin | — | — | −30.6% | −25.1% |
| Gross margin | — | — | 23.5% | 9.5% |
| Revenue per employee | — | — | £61.5k | £63.4k |
| Profit per employee | — | — | −£18.8k | −£15.9k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲3.2% |
| Headcount growth | — | ▲22.2% | ▲27.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.4m | £3.7m | £3.2m | £2.9m |
| Net assets | £4.8m | £3.7m | £3.5m | £3.2m |
| Fixed assets | £66.7k | £57.9k | £40.9k | £37.9k |
| Current assets | £5.6m | £4.2m | £3.5m | £3.4m |
| Debtors | £769k | £401k | £131k | £217k |
| Deferred income | £84.9k | £70.2k | £15.6k | £104k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Apr 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- −25.1%
- Profit ÷ revenue.
- Gross margin
- 9.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £63.4k
- Revenue ÷ average employees.
- Profit per employee
- −£15.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 4.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 11.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.5%
- 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
- ▼6%
- Now £3.2m
- Cash at bank
- ▼9%
- Now £2.9m
- Headcount
- 0%
- Now 14
- Deferred income
- ▲564%
- Now £104k
- Fixed assets
- ▼7%
- Now £37.9k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£223k), from the Companies House accounts bulk data published Jun 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.