Lakeland Tankers Limited
Registered name: LAKELAND TANKERS LIMITED
Part of NWT Holdings Limited groupLakeland Tankers Limited made £11m revenue and £610k profit in the year to 31 Aug 2025. read from filing text
Lakeland Tankers Limited’s revenue grew 17% to £11m in the year to 31 Aug 2025, with £610k profit and 60 employees. The company is classified under “manufacture of trailers and semi-trailers” and is based in Sheffield; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Sheffield, Yorkshire and The Humber
- Age
- 32 yrs · since 1994
- 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 | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £9.4m | £11m |
| Cost of sales | — | — | £7.8m | £9.4m |
| Gross profit | — | — | £1.6m | £1.7m |
| Operating profit | — | — | £764k | £814k |
| Profit before tax | — | — | £757k | £814k |
| Profit after tax | — | — | £564k | £610k |
| Profit (best available) | — | — | £564k | £610k |
| Staff costs | — | — | £1.8m | £2m |
| Employees (average) | 47 | 50 | 59 | 60 |
| Ratios | ||||
| Profit margin | — | — | 6% | 5.5% |
| Gross margin | — | — | 16.9% | 15.3% |
| Revenue per employee | — | — | £160k | £184k |
| Profit per employee | — | — | £9.6k | £10.2k |
| Cash conversion | — | — | −98.4% | 64.3% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲17.2% |
| Profit growth | — | — | — | ▲8.1% |
| Headcount growth | — | ▲6.4% | ▲18% | ▲1.7% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £826k | £381k | £823k | £939 |
| Net assets | £2.3m | £2.6m | £3.1m | £3.6m |
| Fixed assets | £66.5k | £102k | £84.7k | £74.3k |
| Current assets | £3.6m | £4.9m | £6.2m | £6.9m |
| Debtors | £1.3m | £1.2m | £1.5m | £1.8m |
| Deferred income | — | — | £1.2m | £1.1m |
| Cash from operations | — | — | −£751k | £523k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 15.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £184k
- Revenue ÷ average employees.
- Profit per employee
- £10.2k
- Profit ÷ average employees.
- Cash conversion
- 64.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 10.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 16.7%
- 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
- ▲16%
- Now £3.6m
- Cash at bank
- ▼100%
- Now £939
- Headcount
- ▲2%
- Now 60
- Deferred income
- ▼9%
- Now £1.1m
- Fixed assets
- ▼12%
- Now £74.3k
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
- NWT Holdings Limitedultimate parent75–100%
- Newell and Wright (Holdings) Limited75–100%
- Lakeland Tankers Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Newell and Wright Transport Contractors (Sheffield) LimitedRev. £44.4m · Profit £307k
- Apollo Fuels LimitedRev. £23.6m · Profit £410k
- Road Tankers (Northern) LimitedRev. £21.4m · Profit £251k
- RTN Clayton Vallely LimitedRev. £16.4m · Profit £783k
- N.W.T. Freight Forwarding LimitedFigures not disclosed
- RTN Clayton Tankers LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Andover Trailers LimitedWalworth Industrial Estate · Manufacture of trailers and semi-trailers
- Revenue
- £10.6m
- Profit
- £533k
- Staff
- 61
- Sterling GP LimitedStokesley · Manufacture of trailers and semi-trailers
- Revenue
- £9.1m
- Profit
- £599k
- Staff
- 63
- RTN Clayton Vallely LimitedSheffield · Manufacture of trailers and semi-trailers
- Revenue
- £16.4m
- Profit
- £783k
- Staff
- 81
- Nugent Trailers LimitedDungannon · Manufacture of trailers and semi-trailers
- Revenue
- £19.4m
- Profit
- £824k
- Staff
- 104
- Road Tankers (Northern) LimitedSheffield · Manufacture of trailers and semi-trailers
- Revenue
- £21.4m
- Profit
- £251k
- Staff
- 144
- Redrock Machinery LimitedArmagh · Manufacture of trailers and semi-trailers
- Revenue
- £23.8m
- Profit
- £1.3m
- Staff
- 100
Sources
Latest figures from FullAccounts for the year to 31 Aug 2025 (profit £610k), from the Companies House accounts bulk data published Mar 2026. 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.