How much does Local Car and Van Rental Limited make?

Local Car and Van Rental Limited reported revenue of £35.9m and a loss of £722k in the year to 31 Oct 2024, according to its accounts filed at Companies House.

How many employees does Local Car and Van Rental Limited have?

Local Car and Van Rental Limited reported an average of 43 employees in the year to 31 Oct 2024.

Is Local Car and Van Rental Limited profitable?

No — Local Car and Van Rental Limited reported a loss of £722k in the year to 31 Oct 2024.

Company No. 05816592 · Incorporated 15 May 2006

Local Car and Van Rental Limited

Registered name: LOCAL CAR AND VAN RENTAL LIMITED

Part of LCVR Holdings Ltd group

Local Car and Van Rental Limited made £35.9m revenue and a £722k loss in the year to 31 Oct 2024. read from filing text

Local Car and Van Rental Limited’s revenue grew 52% to £35.9m in the year to 31 Oct 2024, with a loss of £722k and 43 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Princes Risborough; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles SIC 45112Sale of used cars and light motor vehicles SIC 77110Renting and leasing of cars and light motor vehicles

Status: Active
Location: Princes Risborough, South East
Age: 20 yrs · since 2006
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: “The immediate and ultimate parent undertaking is LCVR Holdings Limited, a company registered in England and Wales.”

Latest accounts · year to 31 Oct 2024

Key figures

Revenue

£35.9m

Growth ▲52.4%

Profit

−£722k

Growth ▼111.4%

Profit margin

−2%

Gross 4.9%

Employees

Change ▲13.2%

Profit / employee

−£16.8k

Revenue/employee £834k

Profitable streak

0yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£16.8m	£23.5m	£35.9m
Cost of sales	£2.2m	£16.4m	£34.1m
Gross profit	£14.6m	£7.1m	£1.8m
Operating profit	£11.2m	£4.1m	−£764k
Profit before tax	£11.9m	£4.2m	−£696k
Profit after tax	£9.2m	£6.4m	−£722k
Profit (best available)	£9.2m	£6.4m	−£722k
Staff costs	£3.2m	£3m	£2.7m
Employees (average)	34	38	43
Ratios
Profit margin	55.1%	27%	−2%
Gross margin	86.9%	30.2%	4.9%
Revenue per employee	£493k	£619k	£834k
Profit per employee	£272k	£167k	−£16.8k
Growth (year on year)
Revenue growth	—	▲40.4%	▲52.4%
Profit growth	—	▼31.2%	▼111.4%
Headcount growth	—	▲11.8%	▲13.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£12.1m	£6.5m	£5.8m
Net assets	£14.1m	£18.3m	£17.6m
Fixed assets	£55m	£84.3m	£102m
Current assets	£18m	£16.1m	£13.2m
Debtors	£3.7m	£5m	£4.1m
Deferred income	£362k	£860k	£1.1m
Source	Accounts · bulk data Mar 2024	Accounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2025

Derived from the latest filing

How the business works

Profit margin: −2%; Profit ÷ revenue.
Gross margin: 4.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £834k; Revenue ÷ average employees.
Profit per employee: −£16.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 285.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.5%; 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 £17.6m
Cash at bank: ▼11%; Now £5.8m
Headcount: ▲13%; Now 43
Deferred income: ▲26%; Now £1.1m
Fixed assets: ▲22%; Now £102m

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

LCVR Holdings Ltdultimate parent75–100%
Local Car and Van Rental Limitedthis company

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

Subsidiaries (2)

Clear Car Rental LimitedFigures not disclosed
Local Car and Van Leasing LimitedFigures not disclosed

Sister companies (4)

Flexible Rental Solutions LimitedFigures not disclosed
Green Motion Car and Van Rental LimitedFigures not disclosed
LCVR Property LtdFigures not disclosed
Local Vehicle Transport LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2024 (profit −£722k), from the Companies House accounts bulk data published Mar 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.