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Company No. 04128579 · Incorporated 20 Dec 2000

Lovells (Peterborough) Limited

Registered name: LOVELLS (PETERBOROUGH) LIMITED

Part of Belfry Topco Limited group

Lovells (Peterborough) Limited made £17m revenue and £885k profit in the year to 31 May 2023. read from filing text

Lovells (Peterborough) Limited’s revenue grew 33% to £17m in the year to 31 May 2023, with £885k profit and 211 employees. The company is classified under “maintenance and repair of motor vehicles” and is based in Worcester; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45200Maintenance and repair of motor vehicles
Status
Active
Location
Worcester, West Midlands
Age
25 yrs · since 2000
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.

Latest accounts · year to 31 May 2023

Key figures

Operating leverageBoring industry
Revenue
£17m
Growth ▲33.5%
Profit
£885k
Growth ▲831.8%
Profit margin
5.2%
Gross 33.1%
Employees
211
Change ▲20.6%
Profit / employee
£4.2k
Revenue/employee £80.3k
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 May 202231 May 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£12.7m£17m
Cost of sales£9.3m£11.3m
Gross profit£3.4m£5.6m
Operating profit£127k£1.3m
Profit before tax£106k£1.2m
Profit after tax£95k£885k
Profit (best available)£95k£885k
Staff costs£5m£6.3m
Employees (average)175211
Ratios
Profit margin0.8%5.2%
Gross margin26.7%33.1%
Revenue per employee£72.6k£80.3k
Profit per employee£543£4.2k
Growth (year on year)
Revenue growth—▲33.5%
Profit growth—▲831.8%
Headcount growth—▲20.6%
Balance sheet — indirect signals, not revenue
Cash at bank£366k£496k
Net assets£1.4m£2.3m
Fixed assets£1.5m£1.8m
Current assets£4.2m£5.2m
Debtors£1.3m£1.9m
Deferred income£0£7.2k
SourceFullAccounts · bulk data Oct 2023FullAccounts · bulk data Oct 2023
Derived from the latest filing

How the business works

Profit margin
5.2%
Profit ÷ revenue.
Gross margin
33.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£80.3k
Revenue ÷ average employees.
Profit per employee
£4.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
10.8%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.3%
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
▲64%
Now £2.3m
Cash at bank
▲36%
Now £496k
Headcount
▲21%
Now 211
Deferred income
—
Now £7.2k
Fixed assets
▲24%
Now £1.8m
Corporate ownership

Group structure

Ownership chain

  1. Belfry Topco Limitedultimate parent75–100%
  2. Belfry Midco Limited75–100%
  3. Compass Bidco Limited75–100%
  4. Torrent Midco 1 Ltd75–100%
  5. Torrent Midco 2 Ltd75–100%
  6. Torrent Bidco Ltd75–100%
  7. RKS Holdings Ltd75–100%
  8. Steer Automotive Group Limited75–100%
  9. Lovells (Peterborough) Limitedthis company

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

Sister companies (31)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2023 (profit £885k), from the Companies House accounts bulk data published Oct 2023. 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.