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Company No. 03389773 · Incorporated 20 Jun 1997

Lincoln Proteins Limited

Registered name: LINCOLN PROTEINS LIMITED

Part of Lincoln Protein Holdings Ltd group

Lincoln Proteins Limited made £5.8m revenue and £1.1m profit in the year to 31 Dec 2024.

Lincoln Proteins Limited’s revenue fell 3% to £5.8m in the year to 31 Dec 2024, with £1.1m profit and 53 employees. The company is classified under “remediation activities and other waste management services” and is based in Long Bennington; we hold 2 years of its filed accounts.

Full P&L filedSection E · Water supply, sewerage and waste managementSIC 39000Remediation activities and other waste management services
Status
Active
Location
Long Bennington, East Midlands
Age
29 yrs · since 1997
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. From the filing: “Lincoln Protein Holdings Ltd.”

Latest accounts · year to 31 Dec 2024

Key figures

Boring industry
Revenue
£5.8m
Growth ▼2.7%
Profit
£1.1m
Growth ▲7.6%
Profit margin
18.8%
Gross 24.5%
Employees
53
Change ▼24.3%
Profit / employee
£20.7k
Revenue/employee £110k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202331 Dec 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£6m£5.8m
Cost of sales£4.7m£4.4m
Gross profit£1.3m£1.4m
Operating profit£1.3m£1.3m
Profit before tax£1.3m£1.3m
Profit after tax£1m£1.1m
Profit (best available)£1m£1.1m
Staff costs£3.7m£3.4m
Employees (average)7053
Ratios
Profit margin17%18.8%
Gross margin21%24.5%
Revenue per employee£85.7k£110k
Profit per employee£14.6k£20.7k
Growth (year on year)
Revenue growth—▼2.7%
Profit growth—▲7.6%
Headcount growth—▼24.3%
Balance sheet — indirect signals, not revenue
Cash at bank£527k£284k
Net assets£24.5m£25.6m
Fixed assets£7.8m£7.1m
Current assets£21.6m£28.4m
Debtors£322k£688k
Deferred income£206k£142k
SourceFullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2025
Derived from the latest filing

How the business works

Profit margin
18.8%
Profit ÷ revenue.
Gross margin
24.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£110k
Revenue ÷ average employees.
Profit per employee
£20.7k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
121.4%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
2.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.8%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲4%
Now £25.6m
Cash at bank
▼46%
Now £284k
Headcount
▼24%
Now 53
Deferred income
▼31%
Now £142k
Fixed assets
▼9%
Now £7.1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Lincoln Protein Holdings Ltdultimate parent75–100%
  2. Lincoln Proteins Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.1m), from the Companies House accounts bulk data published Sep 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.