Leadec Limited
Other manufacturing n.e.c. · Coventry
ActiveUnited KingdomIncorporated 1997Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£6,026,000
Cash
£1,001,000
Turnover
£78,655,000
Profit / loss
£3,895,000
Current assets
£31,377,000
Creditors < 1 year
£26,928,000
Equity
£6,026,000
Average employees
1,292
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £6,026,000 | £5,837,000 |
| Equity | £6,026,000 | £5,837,000 |
| Share capital | £50,000 | £50,000 |
| Retained earnings | £5,976,000 | £5,787,000 |
| Assets | ||
| Fixed assets | £6,199,000 | £9,386,000 |
| Intangible assets | £5,000 | £16,000 |
| Property, plant & equipment | £6,194,000 | £9,370,000 |
| Current assets | £31,377,000 | £34,094,000 |
| Cash at bank | £1,001,000 | £1,001,000 |
| Debtors | £29,166,000 | £31,988,000 |
| Stock | £1,210,000 | £1,105,000 |
| Liabilities | ||
| Creditors within one year | £26,928,000 | £30,903,000 |
| Creditors after one year | £3,752,000 | £6,267,000 |
| Provisions | £812,000 | £427,000 |
| Pension scheme surplus / deficit | −£58,000 | −£46,000 |
| Net current assets | £4,449,000 | £3,191,000 |
| Assets less current liabilities | £10,648,000 | £12,577,000 |
| Profit & loss | ||
| Turnover | £78,655,000 | £86,498,000 |
| Cost of sales | £63,716,000 | £69,105,000 |
| Gross profit | £14,939,000 | £17,393,000 |
| Administrative expenses | £10,202,000 | £14,858,000 |
| Other operating income | £245,000 | £384,000 |
| Operating profit | £4,982,000 | £2,919,000 |
| Interest receivable | £441,000 | £422,000 |
| Interest payable | £452,000 | £438,000 |
| Profit before tax | £4,971,000 | £2,903,000 |
| Tax | £1,076,000 | £1,479,000 |
| Profit / loss | £3,895,000 | £1,424,000 |
| Operating costs | ||
| Audit fees | £140,000 | £157,000 |
| People & pay | ||
| Average employees | 1,292 | 1,551 |
| Staff costs | £44,779,000 | £47,374,000 |
| Wages & salaries | £38,638,000 | £42,021,000 |
| Social security costs | £4,735,000 | £4,058,000 |
| Pension costs | £1,406,000 | £1,295,000 |
| Directors' remuneration | £581,000 | £611,000 |
| Highest paid director | £312,000,000 | — |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- Leadec Limited is part of the Leadec Group, one of the leading industrial service providers to manufacturing industries worldwide. Within the UK, the company operates at more than 60 sites across the country.
- What it does
- facilities management · technical cleaning · Wheel & Tyre assembly · vehicle cleaning services · logistics · production equipment maintenance · industrial services (AI keywords)
- The year
- Overall, the Company delivered a resilient financial performance in 2025 despite a reduction in turnover from £86.5m to £78.7m. This reduction reflected lower volumes in the W&T operation, the loss of the Ford contract and the planned exit from certain unprofitable contracts, partly offset by the commencement of a significant new logistics contract during the year.
- Outlook
- At the start of 2026, the performance of the business remains in line with expected results, as set out in the budget and going concern forecast. The Directors have considered the trading conditions experienced during 2025 and the expected impact these may have on the business during 2026.
- Auditor
- KPMG LLP · senior statutory auditor Rob Andrews
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Leadec Beteiligungen GmbH
- Ultimate controlling party
- Triton Fund IV L.P.
- Accounts
- Full accounts · FRS 101
- Approved
- 2026-08-21, signed by Claire Gathercole
Turnover by segment (12)
- Facilities Management: 29,873 (000s) (2025-12-31)
- Technical Cleaning: 19,598 (000s) (2025-12-31)
- Production Equipment Maintenance: 1,066 (000s) (2025-12-31)
- Vehicle Cleaning Services: 4 (000s) (2025-12-31)
- Logistics: 28,114 (000s) (2025-12-31)
- Facilities Management: 34,427 (000s) (2024-12-31)
- Technical Cleaning: 19,137 (000s) (2024-12-31)
- Production Equipment Maintenance: 1,111 (000s) (2024-12-31)
- Vehicle Cleaning Services: 5,608 (000s) (2024-12-31)
- Logistics: 26,215 (000s) (2024-12-31)
- UK: 78,655 (000s) (2025-12-31)
- UK: 86,498 (000s) (2024-12-31)
Directors' report (3)
- CL Gathercole
- AP Hampson · appointed 2025-06-01
- LS Smith · resigned 2025-05-31
Share classes (1)
- 50,000 ordinary of £1
Principal risks (3)
- reduction in demand for Wheel & Tyre services in Coventry
- ongoing transition to electric vehicle platforms
- production instability within the automotive sector
Events after the year end (1)
- A dividend of £3,888,007 has been proposed and paid since the year end.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesAll Assets · created 2022-12-21
—
OutstandingAll Assets · created 2016-12-20
—
Outstanding