L&S Engineers

L&S Engineers was formed in 1971 by Wyn Lees and Alan Shaw and operated from a small garage rented from the Coal Board. Originally a small engineering firm, making custom fabrications, water pump strainers and starting handles, the business supplied local customers and sub contracted to larger companies based in the West Midlands.

The business outgrew the original premises and relocated to a larger unit in the mid 70's, where it continued to undertake a variety of fabrication and machinery work for the construction, plant hire, quarrying and engineering industries. Around this time, the company started to supply a small number of engine and small plant spares to its existing customers.

The spares side continued to grow and in the 80's, the business started a van delivery service which supplied spare parts and consumables to businesses all around the UK. The vans would be loaded to the limit and driven all over the country where customers would queue eagerly sometimes filling wheelbarrows with cheap parts from the North!

The engineering side of the business was sold off in 1988 to concentrate on the booming spares business and in December 2015 the company moved into a brand new warehouse and office building in Brownhills, just outside Walsall.

Type
Private
HQ
Brownhills, GB
Founded
1971
L&S Engineers was founded in 1971 and is headquartered in Brownhills, GB

L&S Engineers Office Locations

L&S Engineers has an office in Brownhills
Brownhills, GB (HQ)
W Coppice Rd

L&S Engineers Financials and Metrics

Summary Metrics

Founding Date

1971

L&S Engineers Financials

L&S Engineers's revenue was reported to be £9.3 m in FY, 2015 which is a 3% increase from the previous period.
GBP

Revenue (FY, 2015)

9.3 m

Revenue growth (FY, 2014 - FY, 2015), %

3%

Gross profit (FY, 2015)

2.9 m

Gross profit margin (FY, 2015), %

31%

Net income (FY, 2015)

1.8 m

Cash (30-Nov-2015)

4.6 m
GBPFY, 2013FY, 2014FY, 2015

Revenue

7.2 m9 m9.3 m

Revenue growth, %

25%3%

Cost of goods sold

5 m6.1 m6.4 m

Gross profit

2.2 m2.9 m2.9 m
GBPFY, 2013FY, 2014FY, 2015

Cash

3.8 m4.1 m4.6 m

Accounts Receivable

1.7 m2 m1.9 m

Current Assets

13.1 m15.1 m14.7 m

PP&E

29.9 k1.1 m2.2 m
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

1.2 m1.7 m2.1 m

Cash From Financing Activities

(282)(281)

Income Taxes Paid

(384.5 k)(422.2 k)(357.9 k)
Y, 2015

Financial Leverage

1.1 x
Show all financial metrics

L&S Engineers's Web-traffic and Trends

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L&S Engineers Company Life and Culture

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