LOCAL CAR AND VAN RENTAL LIMITED
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Next accounts due
2027-07-31 (in 1y)
Last filed for 2025-10-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
None on the register
Cash
£4M
-34.6% lowest in 4 filed years
Net assets
£17M
-3.9% vs 2024
Employees
47
+9.3% highest in 4 filed years
Profit before tax
-£490K
+29.6% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-10-31
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £35,851,606 | £30,471,730 | |
| Operating profit | — | — | — | — | -£763,777 | -£535,071 | |
| Profit before tax | — | — | — | £4,160,947 | -£695,889 | -£490,130 | |
| Net profit | £549,020 | — | — | £6,355,866 | -£722,014 | -£687,905 | |
| Cash | £5,573,613 | — | — | £6,514,379 | £5,815,057 | £3,802,882 | |
| Total assets less current liabilities | £17,408,124 | — | — | £28,142,846 | £33,433,977 | £37,730,686 | |
| Net assets | £10,859,884 | — | — | £18,345,266 | £17,623,252 | £16,935,347 | |
| Equity | £10,859,884 | £11,689,753 | £14,051,900 | £18,345,266 | £17,623,252 | £16,935,347 | |
| Average employees | 31 | — | — | 38 | 43 | 47 | |
| Wages | £1,371,278 | — | — | £2,359,190 | £2,091,039 | £2,164,332 | |
| Directors' remuneration | — | — | — | £1,071,205 | £573,073 | £631,064 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-10-31 vs 2024-10-31
-
Turnover
-15%
£35,851,606 £30,471,730
-
Cash
-34.6%
£5,815,057 £3,802,882
lowest in 4 filed years
-
Net assets
-3.9%
£17,623,252 £16,935,347
-
Employees
+9.3%
43 47
highest in 4 filed years
-
Operating profit
+29.9%
-£763,777 -£535,071
-
Profit before tax
+29.6%
-£695,889 -£490,130
-
Wages
+3.5%
£2,091,039 £2,164,332
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-10-31 | 2025-10-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | -2.1% | -1.8% | |
| Net margin | — | — | — | — | -2.0% | -2.3% | |
| Return on capital employed | — | — | — | — | -2.3% | -1.4% | |
| Current ratio | — | — | — | — | 0.16x | 0.22x | |
| Interest cover | — | — | — | — | — | -112.36x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have not identified any uncertainties that cast significant doubt on the ability of the Company to continue as a going concern”
Significant events
- “The Company delivered a financial loss during the year due primarily to weakened demand for used vehicles and an over-supply in the used market This exacerbated by a stubbornly high interest rate not reducing as quickly as first anticipated”
- “The year was challenging in the face of a tough used vehicle market due to a fall in used vehicle prices generally, relatively high interest rates and competition in the retail rental market from the major rental providers”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRAVENOR, Karl James | Secretary | 2023-01-01 | — | — |
| BARR, Gordon Stuart | Director | 2023-01-01 | Sep 1962 | British |
| DAVIES, John Lewis | Director | 2016-07-01 | Jan 1949 | British |
| GRAVENOR, Karl James | Director | 2021-02-23 | Jun 1969 | British |
| PARNABY, Shaun | Director | 2006-11-01 | May 1968 | British |
| PRICE, Owain Ashley | Director | 2015-11-02 | Apr 1971 | British |
| RYAN, John | Director | 2006-05-15 | May 1961 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RYAN, Karen | Secretary | 2006-05-15 | 2023-01-01 |
| WATERLOW SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-05-15 | 2006-05-15 |
| CADMAN, Christopher Martin | Director | 2008-03-06 | 2015-08-10 |
| EASTON, Guy Jonathan | Director | 2007-11-08 | 2021-02-23 |
| HULATT, Anthony Michael | Director | 2012-01-18 | 2015-08-10 |
| KELLY, John Joseph | Director | 2012-01-18 | 2015-08-10 |
| KNIGHT, Jane Suzanne | Director | 2012-01-18 | 2015-08-10 |
| KNIGHT, Jane Suzanne | Director | 2006-11-01 | 2008-03-06 |
| WATERLOW NOMINEES LIMITED | Corporate Nominee Director | 2006-05-15 | 2006-05-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lcvr Holdings Limited | Corporate entity | Shares 75–100% | 2022-10-31 | Active |
| Mr John Ryan | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-10-31 |
| Mrs Karen Ryan | Individual | Shares 25–50% | 2016-04-06 | Ceased 2022-10-31 |
Filing timeline
Last 20 of 127 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | AA | accounts | Accounts with accounts type full | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-03-21 | AA | accounts | Accounts with accounts type full | |
| 2024-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-28 | AA | accounts | Accounts with accounts type full | |
| 2024-02-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-26 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-02-26 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-05-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-03 | AA | accounts | Accounts with accounts type full | |
| 2023-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-01-06 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-06 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-03 | AA | accounts | Accounts with accounts type group | |
| 2021-11-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-05-18 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.