How much does Lincoln Protein Holdings Ltd make?

Lincoln Protein Holdings Ltd reported revenue of £49.4m and a loss of £148k in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Lincoln Protein Holdings Ltd have?

Lincoln Protein Holdings Ltd reported an average of 136 employees in the year to 31 Dec 2024.

Is Lincoln Protein Holdings Ltd profitable?

No — Lincoln Protein Holdings Ltd reported a loss of £148k in the year to 31 Dec 2024.

Company No. 09734954 · Incorporated 16 Aug 2015

Lincoln Protein Holdings Ltd

Registered name: LINCOLN PROTEIN HOLDINGS LTD

Lincoln Protein Holdings Ltd made £49.4m revenue and a £148k loss in the year to 31 Dec 2024.

Lincoln Protein Holdings Ltd’s revenue grew 20% to £49.4m in the year to 31 Dec 2024, with a loss of £148k and 136 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: 11 yrs · since 2015
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentBoring industryCash flow filed

Revenue

£49.4m

Growth ▲20%

Profit

−£148k

Growth —

Profit margin

−0.3%

Gross 20.1%

Employees

136

Change ▲43.2%

Profit / employee

−£1.1k

Revenue/employee £363k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£41.1m	£49.4m
Cost of sales	£34m	£39.4m
Gross profit	£7.1m	£9.9m
Operating profit	£1.6m	£2m
Profit before tax	−£2.1m	£1m
Profit after tax	−£123k	−£148k
Profit (best available)	−£123k	−£148k
Staff costs	£4.7m	£7.1m
Employees (average)	95	136
Ratios
Profit margin	−0.3%	−0.3%
Gross margin	17.3%	20.1%
Revenue per employee	£433k	£363k
Profit per employee	−£1.3k	−£1.1k
Cash conversion	20.6%	−13.8%
Growth (year on year)
Revenue growth	—	▲20%
Headcount growth	—	▲43.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£30.2k	£4.6k
Net assets	£1.8m	£1.6m
Fixed assets	£12.5m	£25m
Current assets	£30.2k	£23.2k
Debtors	£3.3m	£4.5m
Deferred income	£9.1k	£3.5k
Cash from operations	£321k	−£282k
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: −0.3%; Profit ÷ revenue.
Gross margin: 20.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £363k; Revenue ÷ average employees.
Profit per employee: −£1.1k; Profit ÷ average employees.
Cash conversion: −13.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 50.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 0%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 9.1%; 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: ▼8%; Now £1.6m
Cash at bank: ▼85%; Now £4.6k
Headcount: ▲43%; Now 136
Deferred income: ▼61%; Now £3.5k
Fixed assets: ▲100%; Now £25m

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

Subsidiaries (4)

Dundas Chemical Company (Mosspark) LimitedRev. £29.3m · Profit £392k
Inztec LimitedRev. £22.2m · Profit £1.4m
Lincoln Proteins LimitedRev. £5.8m · Profit £1.1m
Inztec Composting LimitedFigures not disclosed

Minority corporate shareholders

Dawn Holdings 25–50%

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£148k), 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.