LEX AUTOLEASE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-13 (in 10mo)
Last made up 2026-02-27
Watchouts
Cash
£56M
+21.2% vs 2023
Net assets
£182M
-4.2% vs 2023
Employees
712
-9.2% vs 2023
Profit before tax
-£11M
-108.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 7 times since incorporation
- LEX AUTOLEASE LIMITED 2009-10-06 → present
- LLOYDS TSB AUTOLEASE LIMITED 2000-12-29 → 2009-10-06
- ACL AUTOLEASE LIMITED 2000-05-05 → 2000-12-29
- AUTOLEASE LIMITED 1999-01-06 → 2000-05-05
- BRITAX AUTOLEASE LIMITED 1997-07-22 → 1999-01-06
- AUTOLEASE FINANCE LIMITED 1990-10-23 → 1997-07-22
- BARLOW FASTENERS (ANGLIA) LIMITED 1978-12-31 → 1990-10-23
- KENNETH HEAP (EAST ANGLIA) LIMITED 1973-01-12 → 1978-12-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £2,274,416,000 | £2,412,751,000 | |
| Operating profit | — | — | |
| Profit before tax | £124,468,000 | -£10,635,000 | |
| Net profit | £92,697,000 | -£7,909,000 | |
| Cash | £46,178,000 | £55,974,000 | |
| Total assets less current liabilities | £3,302,622,000 | £3,675,547,000 | |
| Net assets | £190,044,000 | £182,135,000 | |
| Equity | £190,044,000 | £182,135,000 | |
| Average employees | 784 | 712 | |
| Wages | £33,602,000 | £33,206,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 4.1% | -0.3% | |
| Gearing (liabilities / total assets) | 96.9% | 97.2% | |
| Current ratio | 0.21x | 0.24x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of the accounts. Thus they continue to adopt the going concern basis of accounting in preparing the Annual Report and Accounts.”
Significant events
- “Any adverse changes affecting the UK economy may have direct and indirect credit and operational exposures. Any further deterioration in global macroeconomic conditions, including as a result of geopolitical events, global tariff uncertainty, global health issues or acts of war or terrorism, could have an adverse effect on the Company's results.”
- “The Company has observed that supply challenges have stabilised and does not anticipate an industry wide supply issue going forward. There remains uncertainty on the UK economy following financial challenges caused by the impacts of inflation pressures and rising energy costs.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HENNESSEY, David Dermot | Secretary | 2026-03-09 | — | — |
| AMBANI, Anish Bipin | Director | 2023-03-08 | Jan 1977 | British |
| GOULD, Gregory David | Director | 2022-02-10 | May 1969 | British |
| HYNE, Paul Lawrence | Director | 2024-10-31 | May 1979 | British |
| MCCAFFREY, James Patrick | Director | 2019-12-09 | Jun 1970 | British |
| WILLIAMS, Nicholas Andrew | Director | 2022-10-29 | Jun 1974 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEATTIE, Ryan | Secretary | 2024-07-31 | 2026-03-09 |
| CURRIE, Allison Jane | Secretary | 2012-03-06 | 2012-07-06 |
| FRAIN, Paula | Secretary | 2001-01-15 | 2001-05-16 |
| GITTINS, Paul | Secretary | 2024-01-19 | 2024-07-31 |
| GITTINS, Paul | Secretary | 2013-07-01 | 2017-01-11 |
| HENNESSEY, David Dermot | Secretary | 2017-01-11 | 2024-01-08 |
| PRICE, David John | Secretary | 1998-08-20 | 2001-01-15 |
| SAUNDERS, Deborah Ann | Secretary | 2001-05-29 | 2010-01-06 |
| BRITAX INTERNATIONAL SERVICES LIMITED | Corporate Secretary | — | 1998-08-20 |
| BLACKWELL, Timothy Mark | Director | 2007-09-28 | 2010-11-01 |
| BLAKE, Brendan Patrick Paul | Director | 1998-08-20 | 2000-01-16 |
| CANNON, Thomas Charles | Director | — | 1993-05-10 |
| DAVIES, John Lewis | Director | 2000-08-31 | 2006-12-18 |
| DAVIES, John Lewis | Director | 1998-08-20 | 1999-05-25 |
| DAWSON, Anthony David | Director | — | 1995-10-31 |
| FRANCIS, Rick | Director | 2011-07-26 | 2013-06-14 |
| GIVEN, John Michael | Director | 1996-07-25 | 2000-09-13 |
| GOW, David Stewart | Director | 2000-03-16 | 2000-12-21 |
| GUEST, Anthony | Director | 1996-07-25 | 2000-03-10 |
| HALL, Kenneth Barry | Director | 1996-07-25 | 2000-03-10 |
| HARTLEY, Andrew John | Director | 2014-12-16 | 2019-11-22 |
| HAYNES, John | Director | 1996-07-25 | 1999-08-02 |
| JONES, Richard Andrew | Director | 2019-08-05 | 2022-10-28 |
| JONES, Trevor John | Director | 1996-07-25 | 1997-04-30 |
| KILBEE, Michael Peter | Director | 2000-08-31 | 2008-04-30 |
| MARTON, Richard Egerton Christopher | Director | 1993-05-10 | 1998-08-20 |
| MILNE, Raymond John Hildreth | Director | 2019-12-09 | 2021-03-14 |
| MORRIS, Kim | Director | 2021-08-06 | 2024-10-31 |
| OLDFIELD, David James Stanley | Director | 2006-12-19 | 2012-11-21 |
| PARKES, Carol Ann | Director | 2010-11-01 | 2019-11-22 |
| PEREZ, Israel Santos | Director | 2019-12-09 | 2023-02-24 |
| PETTY, Andrew Charles | Director | 2000-02-29 | 2000-09-13 |
| PFAUDLER, Jakob, Dr | Director | 2012-11-21 | 2015-08-10 |
| PORTER, Tim Revell | Director | 2013-07-01 | 2018-10-19 |
| POTTS, David Keith | Director | 2000-08-31 | 2007-09-28 |
| RICHMOND, Simon John | Director | 1998-08-20 | 2000-09-13 |
| STEAD, Nigel Cleator | Director | 2000-08-31 | 2011-06-30 |
| THOMPSON, Stanley George | Director | 1996-07-25 | 1997-04-04 |
| THORNE, Raymond | Director | 1997-07-01 | 1998-08-20 |
| THORNTON, Colin Rhodes | Director | 2000-03-16 | 2000-09-13 |
| TUCKER, Anthony Martin | Director | 1996-07-25 | 2000-03-10 |
| TURNBULL, Peter | Director | 1995-10-31 | 1997-07-01 |
| TUSTAIN, John Bernard | Director | 1996-07-25 | 1997-04-04 |
| WHITE, Adrian Patrick | Director | 2008-04-30 | 2011-09-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lloyds Bank Asset Finance Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-09-26 | Active |
| Acl Autolease Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-09-26 |
Filing timeline
Last 20 of 270 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-18 | CH01 | officers | Change person director company with change date | |
| 2025-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-24 | AA | accounts | Accounts with accounts type full | |
| 2024-08-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-22 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-09 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-06 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6.1%
£2,274,416,000 £2,412,751,000
-
Cash
+21.2%
£46,178,000 £55,974,000
-
Net assets
-4.2%
£190,044,000 £182,135,000
-
Employees
-9.2%
784 712
-
Profit before tax
-108.5%
£124,468,000 -£10,635,000
-
Wages
-1.2%
£33,602,000 £33,206,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers