Lymn Bank Farm Limited
Registered name: LYMN BANK FARM LIMITED
Part of MGH Corporation Limited groupLymn Bank Farm Limited made £12.2m revenue and £1.3m profit in the year to 31 Dec 2025.
Lymn Bank Farm Limited’s revenue grew 27% to £12.2m in the year to 31 Dec 2025, with £1.3m profit and 48 employees. The company is classified under “butter and cheese production” and is based in Skegness; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Skegness, East of England
- Age
- 13 yrs · since 2013
- 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 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.6m | £11.2m | £9.6m | £12.2m |
| Cost of sales | £5.2m | £8.4m | £6.9m | £9.2m |
| Gross profit | £2.4m | £2.8m | £2.7m | £3m |
| Operating profit | £1.2m | £1.4m | £1.4m | £1.6m |
| Profit before tax | £1.2m | £1.3m | £1.4m | £1.7m |
| Profit after tax | £931k | £1m | £1m | £1.3m |
| Profit (best available) | £931k | £1m | £1m | £1.3m |
| Employees (average) | 36 | 49 | 49 | 48 |
| Ratios | ||||
| Profit margin | 12.3% | 9.3% | 10.7% | 10.5% |
| Gross margin | 31.9% | 25% | 28.3% | 24.6% |
| Revenue per employee | £211k | £228k | £195k | £253k |
| Profit per employee | £25.9k | £21.1k | £20.8k | £26.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲47.3% | ▼14.4% | ▲27.3% |
| Profit growth | — | ▲11.3% | ▼1.8% | ▲25.6% |
| Headcount growth | — | ▲36.1% | 0% | ▼2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.5m | £758k | £966k | £980k |
| Net assets | £2.9m | £3.9m | £3.8m | £4.7m |
| Fixed assets | £1m | £1.1m | £1.4m | £1.8m |
| Current assets | £5.1m | £4.9m | £4.6m | £7.8m |
| Debtors | £2.7m | £2.5m | £1.5m | £4m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Aug 2026 |
How the business works
- Profit margin
- 10.5%
- Profit ÷ revenue.
- Gross margin
- 24.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £253k
- Revenue ÷ average employees.
- Profit per employee
- £26.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 14.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 32.5%
- 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
- ▲24%
- Now £4.7m
- Cash at bank
- ▲2%
- Now £980k
- Headcount
- ▼2%
- Now 48
- Deferred income
- —
- Now —
- Fixed assets
- ▲26%
- Now £1.8m
Group structure
Ownership chain
- MGH Corporation Limitedultimate parent50–75%
- Lymn Bank Farm Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Joseph Heler LimitedRev. £152m · Profit £2.3m
- Heler Foods Packing LimitedRev. £30.8m · Profit −£455k
- Cheshire Cheese Corporation LtdFigures not disclosed
- CL Land and Properties LimitedFigures not disclosed
- JH El LimitedFigures not disclosed
- JH Fresh Foods LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Staff
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- Bridge Cheese LtdTelford · Butter and cheese production
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- Knolton Farmhouse Cheese LimitedWrexham · Liquid milk and cream production
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- Profit
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- Tims Dairy LtdGerrards Cross · Manufacture of other milk products
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.3m), from the Companies House accounts bulk data published Aug 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.