Lagan Aviation & Infrastructure Limited
Registered name: LAGAN AVIATION & INFRASTRUCTURE LIMITED
Part of Lagan Specialist Infrastructure Group Limited groupLagan Aviation & Infrastructure Limited made £105m revenue and £4.1m profit in the year to 31 Mar 2025.
Lagan Aviation & Infrastructure Limited’s revenue grew 66% to £105m in the year to 31 Mar 2025, with £4.1m profit and 90 employees. The company is classified under “construction of other civil engineering projects” and is based in Belfast; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Belfast, Northern Ireland
- Age
- 11 yrs · since 2014
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £28.2m | £72.5m | £63.1m | £105m |
| Cost of sales | £26.2m | £66.7m | £54.4m | £97.2m |
| Gross profit | £2.1m | £5.8m | £8.7m | £7.8m |
| Operating profit | £849k | £3m | £4.9m | £3.6m |
| Profit before tax | £849k | £4m | £5m | £4.9m |
| Profit after tax | £849k | £3.2m | £4m | £4.1m |
| Profit (best available) | £849k | £3.2m | £4m | £4.1m |
| Employees (average) | 56 | 63 | 0 | 90 |
| Ratios | ||||
| Profit margin | 3% | 4.4% | 6.3% | 4% |
| Gross margin | 7.3% | 8% | 13.7% | 7.4% |
| Revenue per employee | £504k | £1.2m | — | £1.2m |
| Profit per employee | £15.2k | £51k | — | £46k |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼13% | ▲66.5% |
| Profit growth | — | — | ▲23.1% | ▲4.8% |
| Headcount growth | — | — | ▼100% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £14.2m | £13.5m | £15.4m | £12.6m |
| Net assets | £12.6m | £12.8m | £14.3m | £13.9m |
| Fixed assets | — | — | £997k | £1.1m |
| Current assets | £22.2m | £29.3m | £26.9m | £32.6m |
| Debtors | £569k | £2.9m | £4.9m | £7m |
| Deferred income | £3.7m | £6.9m | £1.7m | £5.9m |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 4%
- Profit ÷ revenue.
- Gross margin
- 7.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £1.2m
- 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
- 1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 5.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.7%
- 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
- ▼3%
- Now £13.9m
- Cash at bank
- ▼18%
- Now £12.6m
- Headcount
- —
- Now 90
- Deferred income
- ▲246%
- Now £5.9m
- Fixed assets
- ▲9%
- Now £1.1m
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
- Lagan Specialist Infrastructure Group Limitedultimate parent75–100%
- Lagan Specialist Infrastructure Holdings Limited75–100%
- Lagan Aviation & Infrastructure Group Holdings Limited75–100%
- Lagan Aviation & Infrastructure Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Lagan Specialist International LimitedFigures not disclosed
Sister companies (2)
- Lagan Airport Maintenance LimitedFigures not disclosed
- Lagan Meica LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £4.1m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 23 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.