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Next accounts due

2026-12-03 (in 7mo)

Last filed for 2025-02-28

Confirmation statement due

2026-12-23 (in 7mo)

Last made up 2025-12-09

Watchouts

None on the register

Cash

£13M

+3.2% vs 2024

Net assets

£17M

+9.2% vs 2024

Employees

135

+15.4% vs 2024

Profit before tax

£10M

-10.4% vs 2024

Accounts

2-year trend · latest reflected 2025-02-28

Metric Trend 2024-02-292025-02-28
Turnover £26,040,731£26,509,935
Operating profit £10,550,168£9,453,299
Profit before tax £10,739,795£9,618,790
Net profit £8,277,051£6,794,756
Cash £12,313,085£12,704,341
Total assets less current liabilities £15,796,929£17,246,588
Net assets £15,796,929£17,246,588
Equity £15,796,929£17,246,588
Average employees 117135
Wages £1,030,553£969,028

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 2024-02-292025-02-28
Operating margin 40.5%35.7%
Net margin 31.8%25.6%
Return on capital employed 66.8%54.8%
Gearing (liabilities / total assets) 4.9%4.7%
Current ratio 18.61x19.15x
Interest cover 3031.66x14323.18x

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
Consolidated group
Auditor
Hillier Hopkins LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on this assessment and further inquiries, the directors are confident that the ICE FX Limited Group has the financial capacity to provide the necessary support and have a reasonable expectation that the company will continue in operation for the foreseeable future. Accordingly, the directors have determined that the going concern basis of accounting remains appropriate in preparing the annual financial statements.”

Significant events

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

People

2 active · 18 resigned

Name Role Appointed Born Nationality
DESAI, Shamirbhai Director 2024-08-16 Oct 1957 Canadian
SARKARI, Kurush Phiroze Director 2020-09-30 Nov 1964 British
Show 18 resigned officers
Name Role Appointed Resigned
MCDONALD, Michael John Secretary 2001-01-25 2004-12-02
NORDGREN, Lars Robert Secretary 2022-09-13 2022-09-13
ORTEGA, Ramon Morales Secretary 2007-01-18 2025-12-29
SARKARI, Kurush Phiroze Secretary 2001-12-03 2007-01-18
TEJANI, Nizar Secretary 2001-01-25
VALLANCE, James Michael Alexander Secretary 2015-08-31 2021-12-23
WHITE, Adrian Philip Secretary 2004-12-02 2015-08-31
COLLIER, Richard John Director 2002-09-26 2004-04-05
GLOSSOP, Paul Director 2011-04-13 2020-09-30
JOHNSON, Trevor Eric Director 1992-01-20 2014-06-30
MILES, Alan Director 2002-09-26
SARKARI, Kurush Phiroze Director 2005-01-27 2011-03-01
SHAH, Bharat Kanji Director 2016-06-01 2024-08-30
TEJANI, Firozali Gulamali Director 2016-06-01
TEJANI, Gulamali Director 1993-08-01
TEJANI, Hassan Director 2008-06-11
TEJANI, Nizar Gulamali Director 2008-06-10
TEJANI, Zulfikarally Gulamali Director 2008-05-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ice Fx Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-08-01 Active
Lenlyn Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2022-08-01

Filing timeline

Last 20 of 178 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-08-08 RESOLUTIONS Resolution
Date Type Category Description
2025-12-29 TM02 officers Termination secretary company with name termination date PDF
2025-12-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-04 AA accounts Accounts with accounts type group
2024-12-31 AA accounts Accounts with accounts type group
2024-12-09 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-30 TM01 officers Termination director company with name termination date PDF
2024-08-19 AP01 officers Appoint person director company with name date PDF
2024-03-01 AA accounts Accounts with accounts type group
2023-12-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-09 AA accounts Accounts with accounts type group
2022-12-19 CS01 confirmation-statement Confirmation statement with updates PDF
2022-11-11 AA accounts Accounts with accounts type group
2022-10-05 TM02 officers Termination secretary company with name termination date PDF
2022-09-22 AP03 officers Appoint person secretary company with name date
2022-08-11 MR04 mortgage Mortgage satisfy charge full PDF
2022-08-11 MR04 mortgage Mortgage satisfy charge full PDF
2022-08-11 MR04 mortgage Mortgage satisfy charge full PDF
2022-08-11 MR04 mortgage Mortgage satisfy charge full PDF
2022-08-08 RESOLUTIONS resolution Resolution
2022-08-03 PSC02 persons-with-significant-control Notification of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

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

Year-on-year

FY2024 → FY2025 · period ending 2025-02-28 vs 2024-02-29

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

Official Companies House page