LOCKWOOD HAULAGE LIMITED

1. LOCKWOOD HAULAGE LIMITED 1982-11-01 → present
2. DYKES & LOCKWOOD LIMITED 1972-12-18 → 1982-11-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “This has been a year of consolidation and strategic investment, as Lockwood Haulage Limited continues to strengthen its operational foundations, stabilise its position in a competitive market, and build towards sustainable future growth.”
• “Continued investment in newer, more fuel-efficient vehicles and planned transition toward lower-emission technology.”
• “Enhanced route optimisation and maintenance programmes to reduce fuel usage and emissions.”
• “Ongoing work to reduce waste and increase recycling across our warehousing operations.”
• “Encouraging eco-driving practices and promoting environmental awareness throughout the workforce.”
• “We also continue to review opportunities for renewable energy use within depots and to collaborate with suppliers and customers who share our sustainability values.”
• “During the year, the company further strengthened its operational base by expanding employee numbers and reducing reliance on subcontracted drivers improving cost control, consistency, and service quality.”
• “Lockwood Haulage has maintaired strong financial health with net assets of £6.78 million and robust cash balances of £3.46 million.”
• “The company remains well-capitalised, with substantial tangible assets of £6.92 million, reflecting continued investment in the modernisation of our fleet and facilities.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +0.2%

  £24,073,746 → £24,121,572

• Cash

  -5.7%

  £3,669,182 → £3,459,869

  lowest in 5 filed years

• Net assets

  -1%

  £6,851,582 → £6,782,425

• Employees

  -4.5%

  265 → 253

• Operating profit

  -55.5%

  £971,519 → £432,574

  lowest in 3 filed years

• Profit before tax

  -83.9%

  £768,968 → £123,855

  lowest in 5 filed years

• Wages

  -4.3%

  £8,298,409 → £7,939,483

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers