William Lockie & Company Limited
Registered name: WILLIAM LOCKIE & COMPANY LIMITED
Part of William Lockie (Holdings) Limited groupWilliam Lockie & Company Limited made £8.3m revenue and a £305k loss in the year to 30 Apr 2025. read from filing text
William Lockie & Company Limited’s revenue was £8.3m in the year to 30 Apr 2025, with a loss of £305k and 121 employees. The company is classified under “manufacture of knitted and crocheted hosiery” and is based in Hawick; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hawick, Scotland
- Age
- 80 yrs · since 1946
- 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 ultimate controlling party is William Lockie Holdings Limited, of which the company is a 100% subsidiary.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 1 Feb 2022 | 31 Jan 2023 | 31 Jan 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £6.8m | £7.6m | £8.4m | £8.3m |
| Cost of sales | £4.6m | £5.3m | £6m | £6m |
| Gross profit | £2.2m | £2.3m | £2.4m | £2.4m |
| Operating profit | £303k | £8.2k | £44.9k | −£16.3k |
| Profit before tax | £191k | −£134k | −£116k | −£251k |
| Profit after tax | £133k | −£131k | −£96.6k | −£305k |
| Profit (best available) | £133k | −£131k | −£96.6k | −£305k |
| Staff costs | £2.9m | £3.4m | £3.9m | £4.4m |
| Employees (average) | 107 | 129 | 126 | 121 |
| Ratios | ||||
| Profit margin | 2% | −1.7% | −1.1% | −3.7% |
| Gross margin | 32.6% | 30.5% | 28.6% | 28.1% |
| Revenue per employee | £63.1k | £59.2k | £66.6k | £69k |
| Profit per employee | £1.2k | −£1k | −£766 | −£2.5k |
| Cash conversion | −28% | 86.5% | −23.8% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲13% | ▲9.9% | — |
| Profit growth | — | ▼197.9% | — | — |
| Headcount growth | — | ▲20.6% | ▼2.3% | — |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.6m | £1.1m | £1.3m | £344k |
| Net assets | £722k | £2.8m | £2.4m | £2.2m |
| Fixed assets | £596k | £810k | £716k | £997k |
| Current assets | £6.1m | £5.9m | £6m | £5.5m |
| Debtors | £1.2m | £1.4m | £1.6m | £859k |
| Deferred income | £382k | £408k | £494k | £667k |
| Cash from operations | −£84.9k | £7.1k | −£10.7k | £629k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −3.7%
- Profit ÷ revenue.
- Gross margin
- 28.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69k
- Revenue ÷ average employees.
- Profit per employee
- −£2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 11.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.3%
- 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 £2.2m
- Cash at bank
- —
- Now £344k
- Headcount
- —
- Now 121
- Deferred income
- —
- Now £667k
- Fixed assets
- —
- Now £997k
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
- William Lockie (Holdings) Limitedultimate parent75–100%
- William Lockie & Company Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£305k), from the Companies House accounts bulk data published Dec 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.