L & N (Scotland) Limited
The principal activity of the company in the year under review was that of the design and manufacture of subsea equipment and control systems, specialised orbital T.I.G welding and corrosion resistant overlay services including development, inspection, testing, manpower and equipment site support.
Revenue
£11.2m
▼ -37.8% vs prior ~12m period
Profit after tax
£718k
Margin 5.0%
Employees
49
▼ -14.0% vs prior ~12m period
Net assets
£5.7m
Total assets £8.6m
Financial history
Revenue by accounting period
4 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Mar 2022 | £11.2m | ▼ -37.8% | £545k | 49 | £5.7m |
| 31 Mar 2021 | £18.0m | ▲ +21.5% | £1.5m | 57 | £6.3m |
| 31 Mar 2020 | £14.8m | — | £1.1m | 50 | £5.0m |
| 31 Mar 2019 | — | — | — | — | £4.6m |
Latest available figures
Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £11.2m
- Gross profit
- £4.6m
- Operating profit
- £558k
- Profit before tax
- £545k
- Profit after tax
- £718k
Balance sheet
- Total assets
- £8.6m
- Cash
- £4.3m
- Total liabilities
- £2.8m
- Net assets
- £5.7m
- Revenue per employee
- £228k
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