LOTHIAN ELECTRIC MACHINES NO.2 LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-02-19 (in 9mo)
Last made up 2026-02-05
Watchouts
None on the register
Cash
£470K
+178.1% highest in 6 filed years
Net assets
£13M
-2% vs 2023
Employees
170
-4.5% vs 2023
Profit before tax
-£94K
-109.9% vs 2023
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2024-09-30
| Metric | Trend | 2018-10-01 | 2019-09-30 | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2022-09-30 | 2022-10-01 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £46,963,564 | £42,283,488 | |
| Operating profit | — | — | — | — | — | — | — | — | £924,430 | -£164,373 | |
| Profit before tax | — | — | — | — | — | — | — | — | £942,430 | -£93,653 | |
| Net profit | — | £1,255,010 | £8,608,973 | — | — | — | — | — | £949,723 | -£117,370 | |
| Cash | — | £21 | £21 | — | £21 | — | £21 | — | £168,956 | £469,800 | |
| Total assets less current liabilities | — | £101,522 | £101,522 | — | £101,522 | — | £101,522 | — | £13,504,722 | £13,264,062 | |
| Net assets | — | — | — | — | £101,522 | — | £101,522 | — | £13,061,500 | £12,797,130 | |
| Equity | £101,522 | £101,522 | £101,522 | £101,522 | £101,522 | £101,522 | £101,522 | £101,522 | £13,061,500 | £12,797,130 | |
| Average employees | — | 194 | 190 | — | 0 | — | 0 | — | 178 | 170 | |
| Wages | — | — | — | — | — | — | — | — | £4,735,987 | £4,908,159 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £72,777 | £74,902 |
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
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
-10%
£46,963,564 £42,283,488
-
Cash
+178.1%
£168,956 £469,800
highest in 6 filed years
-
Net assets
-2%
£13,061,500 £12,797,130
-
Employees
-4.5%
178 170
-
Operating profit
-117.8%
£924,430 -£164,373
-
Profit before tax
-109.9%
£942,430 -£93,653
-
Wages
+3.6%
£4,735,987 £4,908,159
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 | 2018-10-01 | 2019-09-30 | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2022-09-30 | 2022-10-01 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 2.0% | -0.4% | |
| Net margin | — | — | — | — | — | — | — | — | 2.0% | -0.3% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 6.8% | -1.2% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | — | — | — | 33.8% | 31.5% | |
| Current ratio | — | — | — | — | — | — | — | — | 2.78x | 3.05x | |
| Interest cover | — | — | — | — | — | — | — | — | 51.36x | -3.50x |
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
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Having given careful consideration to the anticipated future performance and financial position of the Company and the Group, the Director has not identified any material uncertainties which might cast doubt on the going concern assumption. The director has prepared forecasts for a period in excess of 12 months from the date of approval of these financial statements which indicate that the Company and the Group will have sufficient funds to meet their liabilities as they fall due for that period.”
Group structure
- LOTHIAN ELECTRIC MACHINES NO.2 LIMITED · parent
- Lemac Marine Limited 100%
- Lemac Taiwan Incorporated 100%
Significant events
- “There have been no significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MFMAC SECRETARIES LIMITED | Corporate Secretary | 2021-12-21 | — | — |
| BURGESS, Andrew Roy | Director | 2021-11-08 | Jan 1970 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BELMONT, David Gresford | Secretary | 2010-07-23 | 2016-11-17 |
| LIMMER, Andrew John | Secretary | 2019-06-10 | 2021-12-01 |
| HAMMONDS SECRETARIES LIMITED | Corporate Secretary | 2010-07-22 | 2010-07-23 |
| BLUNSUM, Elizabeth | Director | 2010-07-23 | 2021-09-30 |
| CROSSLEY, Peter Mortimer | Director | 2010-07-22 | 2010-07-23 |
| LIMMER, Andrew John | Director | 2021-09-30 | 2021-12-01 |
| HAMMONDS DIRECTORS LIMITED | Corporate Director | 2010-07-22 | 2010-07-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Jakes | Individual | Shares 75–100% | 2016-05-01 | Active |
Filing timeline
Last 20 of 53 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-21 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-06-19 | AA | accounts | Accounts with accounts type group | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-06-29 | AA | accounts | Accounts with accounts type group | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | AA | accounts | Accounts with accounts type group | |
| 2023-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-01 | AA | accounts | Accounts with accounts type group | |
| 2022-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-01-19 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2022-01-19 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2021-06-24 | AA | accounts | Accounts with accounts type group | |
| 2021-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-30 | CS01 | confirmation-statement | Confirmation statement with no 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.