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Companies/SC139486

Livingston Building Services Limited

Plumbing, heat and air-conditioning installation · Livingston

ActiveUnited KingdomIncorporated 1992Private Limited Company
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Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets
£18,553,185
Cash
£6,212,502
Turnover
£55,397,968
Profit / loss
£2,249,152
Current assets
£30,667,482
Creditors < 1 year
£14,106,511
Equity
£18,553,185
Average employees
241

Balance-sheet trend

GBP · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-3112 months · Company · AI-read2024-12-31Company · AI-read
Balance sheet
Net assets£18,553,185£16,304,033
Equity£18,553,185£16,304,033
Share capital£26,325£26,325
Retained earnings£18,526,860£16,277,708
Assets
Fixed assets£2,096,109£2,334,370
Property, plant & equipment£1,187,780£1,426,041
Investments£908,329£908,329
Current assets£30,667,482£29,762,461
Cash at bank£6,212,502£6,130,448
Debtors£24,361,539£23,392,354
Stock£93,441£239,659
Liabilities
Creditors within one year£14,106,511£15,557,795
Creditors after one year£100,000£200,000
Provisions£3,895£35,003
Net current assets£16,560,971£14,204,666
Assets less current liabilities£18,657,080£16,539,036
Profit & loss
Turnover£55,397,968£70,671,375
Cost of sales£42,781,812£54,961,214
Gross profit£12,616,156£15,710,161
Administrative expenses£9,602,295£9,728,860
Operating profit£3,013,861£5,981,301
Interest receivable£18,644£49,382
Profit before tax£3,032,505£6,030,683
Tax£783,353£1,655,392
Profit / loss£2,249,152£4,375,291
Operating costs
Depreciation£291,738£300,686
People & pay
Average employees241235
Staff costs£17,010,446£15,688,343
Wages & salaries£15,009,633£13,808,766
Social security costs£1,565,578£1,399,025
Pension costs£435,235£480,552
Directors' remuneration£308,039£355,041
Highest paid director£308,039£355,041
Source evidenceView 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
Livingston Building Services Limited provides mechanical & electrical, air conditioning, high voltage, fire, critical environment, bespoke engineering, offsite fabrication, solar and ventilation services to its client base which includes carefully selected main contractors as well as a range of direct public and private sector clients
What it does
mechanical & electrical services · air conditioning · high voltage · fire · critical environment · bespoke engineering · offsite fabrication · solar · ventilation services (AI keywords)
The year
Following a period of phenomenal growth in the four years up to 2024 which saw turnover increasing eight-fold, Livingston Building Services Limited has seen turnover reduced by 21% in 2025 to £55m with the reduction being driven by the absence of a large value office fitout project which contributed heavily to the turnover growth in previous years. The company experienced growth in other areas of the business during the year
Outlook
The business strategy is to remain profitable and sustainable, allowing development of internal teams in line with a succession management programme and ensuring future stability of the company through effective leadership and strong governance
Audit
Subsidiary audit exemption, parent guarantee (s479A)
Immediate parent
Morris & Spottiswood Limited · Scotland
Ultimate parent
Morris & Spottiswood Group Limited · Scotland
Ultimate controlling party
Morris & Spottiswood Group Limited
Approved
2026-08-17, signed by G Morris
Subsidiaries (1)
  • J B Engineering Ltd · 100% · Scotland; Unit 17 Armadale Industrial Estate, Armadale, Bathgate, EH48 2ND · Engineering Contractors
Turnover by segment (2)
  • United Kingdom: 55,397,968 (2025-12-31)
  • United Kingdom: 70,671,375 (2024-12-31)
Share classes (1)
  • 26,325 Ordinary of £1
Principal risks (6)
  • market conditions
  • project delivery risk
  • cost inflation
  • cash collection
  • supply chain performance
  • availability of suitably skilled labour
Events after the year end (1)
  • The directors confirm that there have been no significant events occurring after the end of the reporting period that require disclosure in this report
Contingent liabilities (1)
  • There are letters of set-off and cross guarantees between all group companies

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

1 outstanding charges
All Assets · created 2019-04-01
—
Outstanding
Show 2 satisfied / released
Unknown · created 1997-04-22 · satisfied 2003-10-16
All monies
Satisfied
All Assets · created 1997-01-13 · satisfied 2018-05-03
All monies
Satisfied