Larsen (Manufacturing) Limited
Registered name: LARSEN (MANUFACTURING) LIMITED
Part of Larsen Newco 5 Limited groupLarsen (Manufacturing) Limited made £23.1m revenue and £682k profit in the year to 31 Dec 2025. read from filing text
Larsen (Manufacturing) Limited’s revenue fell 1% to £23.1m in the year to 31 Dec 2025, with £682k profit and 69 employees. The company is classified under “manufacture of other non-metallic mineral products” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 42 yrs · since 1984
- 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's immediate parent undertaking is Larsen Associates Limited and the company's ultimate parent undertaking is Larsen Newco 5 Limited. Both of these companies are registered in Northern Irel”
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 | 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) | £20.1m | £22.9m | £23.3m | £23.1m |
| Cost of sales | £12.6m | £15.6m | £15.8m | £15.7m |
| Gross profit | £7.6m | £7.3m | £7.5m | £7.4m |
| Operating profit | £1.8m | £1.7m | £2.2m | £922k |
| Profit before tax | £1.8m | £1.5m | £2.1m | £959k |
| Profit after tax | £1.6m | £1.2m | £1.7m | £682k |
| Profit (best available) | £1.6m | £1.2m | £1.7m | £682k |
| Staff costs | £2.4m | £2.7m | £2.9m | £3.1m |
| Employees (average) | 64 | 65 | 68 | 69 |
| Ratios | ||||
| Profit margin | 7.7% | 5.4% | 7.2% | 2.9% |
| Gross margin | 37.5% | 31.8% | 32.3% | 32.1% |
| Revenue per employee | £315k | £353k | £342k | £335k |
| Profit per employee | £24.4k | £19.2k | £24.6k | £9.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13.9% | ▲1.5% | ▼0.7% |
| Profit growth | — | ▼20% | ▲34.3% | ▼59.3% |
| Headcount growth | — | ▲1.6% | ▲4.6% | ▲1.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £2.3m | £7.3m | £13.2m |
| Net assets | £1.6m | £2m | £3.7m | £4.4m |
| Fixed assets | £3.6m | £3.5m | £3.3m | £2.9m |
| Current assets | £6.2m | £9.1m | £13.8m | £19.4m |
| Debtors | £2.4m | £2.5m | £2.4m | £2m |
| Deferred income | £315k | £643k | £771k | £861k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.9%
- Profit ÷ revenue.
- Gross margin
- 32.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £335k
- Revenue ÷ average employees.
- Profit per employee
- £9.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 12.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.7%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.8%
- 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
- ▲19%
- Now £4.4m
- Cash at bank
- ▲82%
- Now £13.2m
- Headcount
- ▲1%
- Now 69
- Deferred income
- ▲12%
- Now £861k
- Fixed assets
- ▼11%
- Now £2.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Larsen Newco 5 Limitedultimate parent75–100%
- Larsen Newco 3 Limited75–100%
- Larsen (Manufacturing) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Larsen Associates LimitedRev. £0 · Profit £608k
- Larsen Building Products LtdFigures not disclosed
- Larsen Group LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Boud Minerals LimitedLincolnshire · Manufacture of other non-metallic mineral products n.e.c.
- Revenue
- £18.7m
- Profit
- £1.2m
- Staff
- 79
- James a. Jobling and Company LimitedNewcastle Upon Tyne · Manufacture of other non-metallic mineral products n.e.c.
- Revenue
- £31.2m
- Profit
- £2.9m
- Staff
- 73
- JBM International LtdHixon · Manufacture of other non-metallic mineral products n.e.c.
- Revenue
- £31.3m
- Profit
- £195k
- Staff
- 64
- S.a.v. United Kingdom LimitedWoking · Manufacture of other non-metallic mineral products n.e.c.
- Revenue
- £33.9m
- Profit
- £959k
- Staff
- 107
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £682k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 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.