Lakeland Cars (Ni) Ltd
Registered name: LAKELAND CARS (NI) LTD
Lakeland Cars (Ni) Ltd made £5.1m revenue and £128k profit in the year to 31 Aug 2025.
Lakeland Cars (Ni) Ltd’s revenue fell 4% to £5.1m in the year to 31 Aug 2025, with £128k profit and 8 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Kesh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Kesh, Northern Ireland
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 | 31 Aug 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £7.2m | £6.2m | £5.4m | £5.1m |
| Cost of sales | £6.6m | £5.4m | £4.9m | £4.6m |
| Gross profit | £593k | £759k | £454k | £490k |
| Operating profit | £398k | £579k | £251k | £220k |
| Profit before tax | £378k | £548k | £244k | £171k |
| Profit after tax | £306k | £428k | £183k | £128k |
| Profit (best available) | £306k | £428k | £183k | £128k |
| Employees (average) | 4 | 4 | 5 | 8 |
| Ratios | ||||
| Profit margin | 4.3% | 6.9% | 3.4% | 2.5% |
| Gross margin | 8.3% | 12.2% | 8.5% | 9.5% |
| Revenue per employee | £1.8m | £1.6m | £1.1m | £641k |
| Profit per employee | £76.5k | £107k | £36.6k | £16k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼13.6% | ▼13.7% | ▼4.2% |
| Profit growth | — | ▲39.9% | ▼57.3% | ▼29.9% |
| Headcount growth | — | 0% | ▲25% | ▲60% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £22 | £84.3k | £45.5k | £5.2k |
| Net assets | £1.4m | £1.8m | £2m | £2.1m |
| Fixed assets | £35.2k | £29.8k | £24.6k | £19.7k |
| Current assets | £2.2m | £2.4m | £2.4m | £2.8m |
| Debtors | £1m | £1.2m | £1.2m | £1.7m |
| Source | Accounts · bulk data May 2024 | Accounts · bulk data May 2024 | AbridgedAccounts · bulk data May 2025 | AbridgedAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 2.5%
- Profit ÷ revenue.
- Gross margin
- 9.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £641k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 33.1%
- 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
- ▲5%
- Now £2.1m
- Cash at bank
- ▼89%
- Now £5.2k
- Headcount
- ▲60%
- Now 8
- Deferred income
- —
- Now —
- Fixed assets
- ▼20%
- Now £19.7k
Similar profitable businesses
- Century Motors (Sheffield) LimitedSheffield · Sale of used cars and light motor vehicles
- Revenue
- £5.1m
- Profit
- £215k
- Staff
- 8
- BC Autos LimitedChepstow · Sale of used cars and light motor vehicles
- Revenue
- £4.8m
- Profit
- £14.9k
- Staff
- 4
- Vehicle Trade Centre LtdGlasgow · Sale of used cars and light motor vehicles
- Revenue
- £5.9m
- Profit
- £205k
- Staff
- 16
- GK Motors LimitedMansfield · Sale of used cars and light motor vehicles
- Revenue
- £6.5m
- Profit
- £185k
- Staff
- 14
- M & S Commercial (Essex) LimitedLondon · Sale of used cars and light motor vehicles
- Revenue
- £3.4m
- Profit
- £50.1k
- Staff
- 2
- Townsends of Rugby LtdRugby · Sale of used cars and light motor vehicles
- Revenue
- £3.3m
- Profit
- £63.8k
- Staff
- 12
Sources
Latest figures from AbridgedAccounts for the year to 31 Aug 2025 (profit £128k), from the Companies House accounts bulk data published May 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.