London Mining Associates Limited
Registered name: LONDON MINING ASSOCIATES LIMITED
London Mining Associates Limited made £25.2m revenue and £1.2m profit in the year to 28 Feb 2025. read from filing text
London Mining Associates Limited’s revenue grew 10% to £25.2m in the year to 28 Feb 2025, with £1.2m profit and 36 employees. The company is classified under “treatment and disposal of non-hazardous waste” and is based in Larkfield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Larkfield, South East
- Age
- 14 yrs · since 2012
- 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 company does not have a recognised ultimate controlling party.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 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) | £13.4m | £19m | £23m | £25.2m |
| Cost of sales | £9.3m | £15m | £18.9m | £19.6m |
| Gross profit | £4.2m | £4m | £4.1m | £5.6m |
| Operating profit | £138k | £1.4m | £937k | £1.7m |
| Profit before tax | £106k | £1.3m | £877k | £1.6m |
| Profit after tax | −£177k | £1.5m | £723k | £1.2m |
| Profit (best available) | −£177k | £1.5m | £723k | £1.2m |
| Staff costs | £772k | £909k | £1.1m | £1.4m |
| Employees (average) | 22 | 22 | 30 | 36 |
| Ratios | ||||
| Profit margin | −1.3% | 7.7% | 3.1% | 4.9% |
| Gross margin | 30.9% | 21.1% | 17.9% | 22.2% |
| Revenue per employee | £611k | £861k | £767k | £701k |
| Profit per employee | −£8.1k | £66.1k | £24.1k | £34.3k |
| Cash conversion | 264.1% | −139.1% | −226.4% | −105.9% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲41.1% | ▲21.3% | ▲9.8% |
| Profit growth | — | — | ▼50.3% | ▲71% |
| Headcount growth | — | 0% | ▲36.4% | ▲20% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £349k | £1.2m | £1.3m | £1.1m |
| Net assets | −£749k | £706k | £1.4m | £2.7m |
| Fixed assets | £2.1m | £2.6m | £4m | £3.6m |
| Current assets | £4.5m | £5.3m | £5m | £7.5m |
| Debtors | £2.5m | £2.1m | £1.1m | £2.3m |
| Deferred income | £6.2k | £16.2k | £17.5k | £19.1k |
| Cash from operations | £364k | −£1.9m | −£2.1m | −£1.8m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 4.9%
- Profit ÷ revenue.
- Gross margin
- 22.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £701k
- Revenue ÷ average employees.
- Profit per employee
- £34.3k
- Profit ÷ average employees.
- Cash conversion
- −105.9%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9%
- 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
- ▲87%
- Now £2.7m
- Cash at bank
- ▼16%
- Now £1.1m
- Headcount
- ▲20%
- Now 36
- Deferred income
- ▲9%
- Now £19.1k
- Fixed assets
- ▼9%
- Now £3.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Dockgrange Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit £1.2m), from the Companies House accounts bulk data published Nov 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.