How much does Lochlands Rentals Ltd make?

Lochlands Rentals Ltd reported revenue of £87.4k and £18.6k profit in the year to 31 Aug 2023, according to its accounts filed at Companies House.

How many employees does Lochlands Rentals Ltd have?

Lochlands Rentals Ltd reported an average of 1 employee in the year to 31 Aug 2023.

Is Lochlands Rentals Ltd profitable?

Yes — Lochlands Rentals Ltd reported a profit of £18.6k in the year to 31 Aug 2023.

Company No. SC456798 · Incorporated 15 Aug 2013

Lochlands Rentals Ltd

Registered name: LOCHLANDS RENTALS LTD

Lochlands Rentals Ltd made £87.4k revenue and £18.6k profit in the year to 31 Aug 2023.

Lochlands Rentals Ltd’s revenue grew 30% to £87.4k in the year to 31 Aug 2023, with £18.6k profit and 1 employee. The company is classified under “other letting and operating of own or leased real estate” and is based in Forfar; we hold 2 years of its filed accounts.

Full P&L filedSection L · Real estate activitiesSIC 68209Other letting and operating of own or leased real estate

Status: Active - Proposal to Strike off
Location: Forfar, Scotland
Age: 13 yrs · since 2013
Type: Private Limited Company

Latest accounts · year to 31 Aug 2023

Key figures

IndependentSmall team

Revenue

£87.4k

Growth ▲30.1%

Profit

£18.6k

Growth —

Profit margin

21.3%

Employees

Change —

Profit / employee

£18.6k

Revenue/employee £87.4k

Profitable streak

1yr

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 Aug 2022	31 Aug 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£67.1k	£87.4k
Profit after tax	−£23.2k	£18.6k
Profit (best available)	−£23.2k	£18.6k
Staff costs	£14.5k	£6k
Employees (average)	—	1
Ratios
Profit margin	−34.5%	21.3%
Revenue per employee	—	£87.4k
Profit per employee	—	£18.6k
Growth (year on year)
Revenue growth	—	▲30.1%
Balance sheet — indirect signals, not revenue
Net assets	−£32.1k	−£20.7k
Fixed assets	£7.3k	£14k
Current assets	£5.1k	£19.3k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024

Derived from the latest filing

How the business works

Profit margin: 21.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £87.4k; Revenue ÷ average employees.
Profit per employee: £18.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 16%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now −£20.7k
Cash at bank: —; Now —
Headcount: —; Now 1
Deferred income: —; Now —
Fixed assets: ▲92%; Now £14k

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 Aug 2023 (profit £18.6k), from the Companies House accounts bulk data published Jun 2024. 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.