How much does Lawrence Baker Limited make?

Lawrence Baker Limited reported revenue of £88.9m and £873k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Lawrence Baker Limited have?

Lawrence Baker Limited reported an average of 65 employees in the year to 31 Mar 2025.

Is Lawrence Baker Limited profitable?

Yes — Lawrence Baker Limited reported a profit of £873k in the year to 31 Mar 2025.

Company No. 05233881 · Incorporated 16 Sep 2004

Lawrence Baker Limited

Registered name: LAWRENCE BAKER LIMITED

Part of Dixon Holdings (Lawrence Baker) Limited group

Lawrence Baker Limited made £88.9m revenue and £873k profit in the year to 31 Mar 2025. read from filing text

Lawrence Baker Limited’s revenue fell 16% to £88.9m in the year to 31 Mar 2025, with £873k profit and 65 employees. The company is classified under “construction of commercial buildings” and is based in Oxford; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 41201Construction of commercial buildings

Status: Active
Location: Oxford, South East
Age: 22 yrs · since 2004
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 parent company is Dixon Holdings (Lawrence Baker) Limited by virtue of its 75% holding in the ordinary share capital of the company.”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-lightCash flow filed

Revenue

£88.9m

Growth ▼15.6%

Profit

£873k

Growth ▲19.3%

Profit margin

Gross 4.8%

Employees

Change ▲6.6%

Profit / employee

£13.4k

Revenue/employee £1.4m

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£41.7m	£69.5m	£105m	£88.9m
Cost of sales	£38.6m	£64.5m	£102m	£84.6m
Gross profit	£3.1m	£5m	£3.5m	£4.3m
Operating profit	£1.7m	£2.9m	£1.1m	£1.2m
Profit before tax	£1.7m	£2.9m	£1.1m	£1.2m
Profit after tax	£1.4m	£2.4m	£732k	£873k
Profit (best available)	£1.4m	£2.4m	£732k	£873k
Staff costs	£2.1m	£2.8m	£3.9m	£4.2m
Employees (average)	41	51	61	65
Ratios
Profit margin	3.4%	3.5%	0.7%	1%
Gross margin	7.5%	7.2%	3.3%	4.8%
Revenue per employee	£1m	£1.4m	£1.7m	£1.4m
Profit per employee	£34.1k	£47.6k	£12k	£13.4k
Cash conversion	9.4%	−19.9%	−96.6%	21.3%
Growth (year on year)
Revenue growth	—	▲66.5%	▲51.6%	▼15.6%
Profit growth	—	▲73.8%	▼69.8%	▲19.3%
Headcount growth	—	▲24.4%	▲19.6%	▲6.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.5m	£1m	£767k	£401k
Net assets	£10.7m	£12.2m	£13m	£13.8m
Fixed assets	£1.2m	£1.6m	£2.2m	£1.9m
Current assets	£16.2m	£22.2m	£29.2m	£27.9m
Debtors	£3.8m	£7.2m	£10.8m	£7.7m
Deferred income	£4.4m	£6.7m	£6m	£4.3m
Cash from operations	£161k	−£578k	−£1m	£249k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 4.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £1.4m; Revenue ÷ average employees.
Profit per employee: £13.4k; Profit ÷ average employees.
Cash conversion: 21.3%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 8.7%; 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: ▲7%; Now £13.8m
Cash at bank: ▼48%; Now £401k
Headcount: ▲7%; Now 65
Deferred income: ▼30%; Now £4.3m
Fixed assets: ▼12%; Now £1.9m

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

Corporate ownership

Group structure

Ownership chain

Dixon Holdings (Lawrence Baker) Limitedultimate parent75–100%
Lawrence Baker 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).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £873k), from the Companies House accounts bulk data published Dec 2025. 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.