Execove Limited
Registered name: EXECOVE LIMITED
Part of Lloyds Banking Group PLC groupExecove Limited made £641k revenue and £138k profit in the year to 29 Dec 2023.
Execove Limited’s revenue grew 135% to £641k in the year to 29 Dec 2023, with £138k profit and 3 employees. The company is classified under “public relations and communications activities” and is based in Leeds; we hold 4 years of its filed accounts.
- Status
- Liquidation
- Location
- Leeds
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2021 | 29 Dec 2022 | 31 Dec 2022 | 29 Dec 2023 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £0 | £273k | £273k | £641k |
| Cost of sales | −£259k | −£534k | −£534k | −£503k |
| Operating profit | −£259k | −£261k | −£261k | £138k |
| Profit before tax | −£259k | −£261k | −£261k | £138k |
| Profit after tax | −£259k | −£261k | −£261k | £138k |
| Profit (best available) | −£259k | −£261k | −£261k | £138k |
| Employees (average) | — | 2 | 2 | 3 |
| Ratios | ||||
| Profit margin | — | −95.6% | −95.6% | 21.5% |
| Revenue per employee | — | £137k | £137k | £214k |
| Profit per employee | — | −£131k | −£131k | £46k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲134.8% |
| Headcount growth | — | — | — | ▲50% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | — | — | — | — |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Jun 2025 | Accounts · bulk data Mar 2024 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 21.5%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £214k
- Revenue ÷ average employees.
- Profit per employee
- £46k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲50%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Lloyds Banking Group PLCultimate parent75–100%
- LBG Equity Investments Limited75–100%
- Lloyds Development Capital (Holdings) Limited75–100%
- LDC (General Partner) Limited75–100%
- LDC GP LLP50–75%
- Ensco 1327 Limited75–100%
- Execove Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Iph Realisations 2025 LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 29 Dec 2023 (profit £138k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 19 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.