NL COMMERCIALS HOLDINGS LIMITED
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Next accounts due
2027-03-29 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-04-27 (in 11mo)
Last made up 2026-04-13
Watchouts
Cash
£3M
-2.6% vs 2024
Net assets
£31M
+3.2% highest in 6 filed years
Employees
62
+12.7% highest in 6 filed years
Profit before tax
£1M
-19.8% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2025-06-30
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £21,590,488 | £23,993,679 | |
| Operating profit | — | — | — | — | £1,956,230 | £1,864,942 | |
| Profit before tax | — | — | — | — | £1,772,455 | £1,422,334 | |
| Net profit | £1,182,621 | £4,138,308 | £3,587,414 | £2,364,518 | £1,221,342 | £960,369 | |
| Cash | £1,616,844 | £2,166,826 | £2,557,313 | £1,519,358 | £2,915,206 | £2,840,477 | |
| Total assets less current liabilities | £20,970,804 | — | — | — | £33,787,077 | £34,622,033 | |
| Net assets | £17,780,993 | £21,395,437 | £24,174,987 | £26,539,505 | £30,167,366 | £31,127,735 | |
| Equity | — | — | — | — | £30,167,366 | £31,127,735 | |
| Average employees | 0 | 0 | 0 | 0 | 55 | 62 | |
| Wages | £0 | £325,000 | £318,000 | £344,667 | £5,656,015 | £5,736,986 | |
| Directors' remuneration | — | — | — | — | £1,266,583 | £1,164,376 |
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 2025-06-30 vs 2024-06-30
-
Turnover
+11.1%
£21,590,488 £23,993,679
-
Cash
-2.6%
£2,915,206 £2,840,477
-
Net assets
+3.2%
£30,167,366 £31,127,735
highest in 6 filed years
-
Employees
+12.7%
55 62
highest in 6 filed years
-
Operating profit
-4.7%
£1,956,230 £1,864,942
-
Profit before tax
-19.8%
£1,772,455 £1,422,334
-
Wages
+1.4%
£5,656,015 £5,736,986
highest in 6 filed years
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 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 9.1% | 7.8% | |
| Net margin | — | — | — | — | 5.7% | 4.0% | |
| Return on capital employed | — | — | — | — | 5.8% | 5.4% | |
| Current ratio | — | — | — | — | 0.47x | 0.39x | |
| Interest cover | — | — | — | — | 8.12x | 3.52x |
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
- Consolidated group
- Auditor
- BHP LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- NL COMMERCIALS HOLDINGS LIMITED · parent
- NL Commercials (Leeds) Limited 100%
- NL Commercials (St Helens) Limited 100%
- NL Commercials (Wakefield) Limited 100%
- NL Commercials Darlington Limited 100%
- NL Commercials Management Limited 100%
- Pro Vans Yorkshire Limited 51%
Significant events
- “On 17th November 2025, Qubic Trustees Ltd increased their shareholding in NL Commercials Holdings Limited to 90% of the ordinary A shares and 85% of the ordinary B shares, through the establishment of an Employee Benefit Trust ("EBT"), Qubic Trustees. It has been determined that the EBT has the legal and beneficial ownership of the share of NL Commercials Holdings Limited as a result of the influence that it has over future decisions of the group.”
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 |
|---|---|---|---|---|
| LELLA, Nigel | Director | 2015-07-20 | May 1956 | British |
| LELLA, Wayne | Director | 2015-07-20 | Feb 1979 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Qubic Trustees Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-11-17 | Active |
| Mr Nigel Lella | Individual | Shares 50–75% | 2016-07-20 | Ceased 2025-11-17 |
Filing timeline
Last 20 of 113 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-06 | AA | accounts | Accounts with accounts type group | |
| 2025-11-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-28 | AA | accounts | Accounts with accounts type group | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-05 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.