How much does Lapwing UK. Ltd make?

Lapwing UK. Ltd reported revenue of £23.5m and £1.7m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Lapwing UK. Ltd have?

Lapwing UK. Ltd reported an average of 79 employees in the year to 31 Dec 2025.

Is Lapwing UK. Ltd profitable?

Yes — Lapwing UK. Ltd reported a profit of £1.7m in the year to 31 Dec 2025.

Company No. 08635354 · Incorporated 2 Aug 2013

Lapwing UK. Ltd

Registered name: LAPWING UK. LTD

Part of Lapwing Holdco Ltd group

Lapwing UK. Ltd made £23.5m revenue and £1.7m profit in the year to 31 Dec 2025.

Lapwing UK. Ltd’s revenue grew 11% to £23.5m in the year to 31 Dec 2025, with £1.7m profit and 79 employees. The company is classified under “wholesale of machine tools” and is based in Pershore; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46620Wholesale of machine tools

Status: Active
Location: Pershore, West Midlands
Age: 13 yrs · since 2013
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£23.5m

Growth ▲11.4%

Profit

£1.7m

Growth ▲46.3%

Profit margin

7.4%

Gross 27.4%

Employees

Change ▲6.8%

Profit / employee

£21.9k

Revenue/employee £297k

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 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£18.1m	£18.2m	£21.1m	£23.5m
Cost of sales	£13.1m	£13.1m	£15.5m	£17.1m
Gross profit	£4.9m	£5.1m	£5.6m	£6.4m
Operating profit	£1.7m	£1.4m	£1.4m	£2.3m
Profit before tax	£1.7m	£1.3m	£1.4m	£2.3m
Profit after tax	£1.4m	£981k	£1.2m	£1.7m
Profit (best available)	£1.4m	£981k	£1.2m	£1.7m
Staff costs	£2.2m	£2.9m	£3.5m	£3.8m
Employees (average)	50	63	74	79
Ratios
Profit margin	7.7%	5.4%	5.6%	7.4%
Gross margin	27.3%	27.9%	26.5%	27.4%
Revenue per employee	£362k	£288k	£285k	£297k
Profit per employee	£27.7k	£15.6k	£16k	£21.9k
Growth (year on year)
Revenue growth	—	▲0.4%	▲16.2%	▲11.4%
Profit growth	—	▼29.2%	▲20.7%	▲46.3%
Headcount growth	—	▲26%	▲17.5%	▲6.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£1.8m	£1.6m	£1.8m
Net assets	£7.1m	£7.3m	£7.9m	£9.1m
Fixed assets	£2.3m	£2.5m	£1.3m	£1.4m
Current assets	£8m	£7.4m	£9.7m	£11.8m
Debtors	£2.7m	£2.5m	£2.6m	£3.4m
Source	Accounts · bulk data Sep 2024	Accounts · bulk data Sep 2024	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 7.4%; Profit ÷ revenue.
Gross margin: 27.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £297k; Revenue ÷ average employees.
Profit per employee: £21.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 14.3%; 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: ▲15%; Now £9.1m
Cash at bank: ▲12%; Now £1.8m
Headcount: ▲7%; Now 79
Deferred income: —; Now —
Fixed assets: ▲5%; Now £1.4m

Corporate ownership

Group structure

Ownership chain

Lapwing Holdco Ltdultimate parent75–100%
Lapwing UK. Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Goldfinch Holdco LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers 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 £1.7m), from the Companies House accounts bulk data published Sep 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.