Lincolnshire Field Products Limited
Registered name: LINCOLNSHIRE FIELD PRODUCTS LIMITED
Part of Fidelis Holdings Ltd groupLincolnshire Field Products Limited made £73.2m revenue and a £834k loss in the year to 1 Feb 2025.
Lincolnshire Field Products Limited’s revenue grew 7% to £73.2m in the year to 1 Feb 2025, with a loss of £834k and 101 employees. The company is classified under “growing of cereals (except rice), leguminous crops and oil seeds” and is based in Spalding; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Spalding, East of England
- Age
- 41 yrs · since 1984
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 29 Jan 2022 | 28 Jan 2023 | 3 Feb 2024 | 1 Feb 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £54.4m | £63.2m | £68.6m | £73.2m |
| Cost of sales | £42.5m | £49.2m | £52.7m | £54.8m |
| Gross profit | £11.9m | £14m | £15.8m | £18.4m |
| Operating profit | £243k | £248k | −£534k | £18.3k |
| Profit before tax | £25.7k | −£92k | −£1.3m | −£1m |
| Profit after tax | £25.7k | £797k | −£1m | −£834k |
| Profit (best available) | £25.7k | £797k | −£1m | −£834k |
| Staff costs | £4.4m | £4.7m | £4.8m | £5.2m |
| Employees (average) | 103 | 102 | 101 | 101 |
| Ratios | ||||
| Profit margin | 0.1% | 1.3% | −1.5% | −1.1% |
| Gross margin | 21.8% | 22.2% | 23.1% | 25.1% |
| Revenue per employee | £528k | £620k | £679k | £725k |
| Profit per employee | £250 | £7.8k | −£10.3k | −£8.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲16.2% | ▲8.4% | ▲6.8% |
| Profit growth | — | ▲2996% | ▼230.2% | — |
| Headcount growth | — | ▼1% | ▼1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £38.7k | £21.6k | £17.5k | £69.3k |
| Net assets | £12.7m | £14m | £12.8m | £13.2m |
| Fixed assets | £11.1m | £11.8m | £14.5m | £15.6m |
| Current assets | £26.9m | £26.4m | £29.8m | £31.4m |
| Debtors | £8.3m | £7.6m | £8.4m | £9.5m |
| Deferred income | £219k | £289k | £420k | £282k |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- −1.1%
- Profit ÷ revenue.
- Gross margin
- 25.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £725k
- Revenue ÷ average employees.
- Profit per employee
- −£8.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 13%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲3%
- Now £13.2m
- Cash at bank
- ▲297%
- Now £69.3k
- Headcount
- 0%
- Now 101
- Deferred income
- ▼33%
- Now £282k
- Fixed assets
- ▲8%
- Now £15.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Fidelis Holdings Ltdultimate parent75–100%
- Keepstem Limited75–100%
- Lincolnshire Field Products Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- LFP Vegetables LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 1 Feb 2025 (profit −£834k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.