LINCOLN COMMERCIAL BODIES LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-04-05
Confirmation statement due
2027-03-19 (in 10mo)
Last made up 2026-03-05
Watchouts
None on the register
Cash
£3M
+37.9% highest in 6 filed years
Net assets
£5M
+20.4% highest in 6 filed years
Employees
43
-4.4% vs 2024
Profit before tax
£1M
+19.2% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-04-05
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-04-05 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £16,777,975 | £15,905,697 | |
| Operating profit | — | — | — | — | £1,180,403 | £1,414,283 | |
| Profit before tax | — | — | — | — | £1,160,664 | £1,383,962 | |
| Net profit | — | — | — | — | £857,281 | £1,023,747 | |
| Cash | £365,864 | £976,740 | £1,161,160 | £1,809,359 | £1,848,019 | £2,548,537 | |
| Total assets less current liabilities | £2,187,738 | £2,372,858 | £2,992,771 | £4,277,306 | £4,613,492 | £5,395,175 | |
| Net assets | £1,387,545 | £1,597,937 | £2,315,851 | £3,580,184 | £4,287,465 | £5,161,212 | |
| Equity | — | — | £2,315,851 | £3,580,184 | £4,287,465 | £5,161,212 | |
| Average employees | 44 | 37 | 43 | 44 | 45 | 43 | |
| Wages | — | — | — | — | £1,293,433 | £1,353,355 | |
| Directors' remuneration | — | — | — | — | £31,033 | £35,146 |
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 2025-04-05 vs 2024-03-31
-
Turnover
-5.2%
£16,777,975 £15,905,697
-
Cash
+37.9%
£1,848,019 £2,548,537
highest in 6 filed years
-
Net assets
+20.4%
£4,287,465 £5,161,212
highest in 6 filed years
-
Employees
-4.4%
45 43
-
Operating profit
+19.8%
£1,180,403 £1,414,283
-
Profit before tax
+19.2%
£1,160,664 £1,383,962
-
Wages
+4.6%
£1,293,433 £1,353,355
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-04-05 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 7.0% | 8.9% | |
| Net margin | — | — | — | — | 5.1% | 6.4% | |
| Return on capital employed | — | — | — | — | 25.6% | 26.2% | |
| Current ratio | — | — | — | — | 2.95x | 3.65x | |
| Interest cover | — | — | — | — | 22.41x | 49.28x |
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
- Saul Fairholm Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors are of the opinion that the Company has adequate resources to continue in operational existence for the forseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Significant events
- “Turnover had fallen by 5.2% during the year (2024: fallen by 2.7%) whilst the gross profit margin had increased from 12.6% in 2024 to 14.7% in 2025.”
- “The difficult trading conditions in the UK continues to be a risk that the industry faces along with potential competition from other lorry body suppliers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KNAGGS, Nicola | Director | 2022-03-13 | Jul 1974 | British |
| KNAGGS, Simon | Director | 2012-03-12 | Oct 1967 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Simon Knaggs | Individual | Shares 50–75%, Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-08-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-18 | CH01 | officers | Change person director company with change date | |
| 2022-10-20 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-08-05 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-15 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-05-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-04-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2019-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.