LINCS. ELECTRICAL WHOLESALERS LIMITED

1. LINCS. ELECTRICAL WHOLESALERS LIMITED 1993-08-09 → present
2. CREWBYTE LIMITED 1988-05-27 → 1993-08-09

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

WP Audit Services LLP

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

• “Expansion of Value-Added Services Following the successful first year of the Lighting Solutions Division, the business is focused on further enhancing its value proposition through the introduction of complementary services.”
• “Launch of Fire & Security Division The Board has approved the strategic launch of a Fire & Security Division, representing a significant step in diversifying the Group's specialist service offering.”
• “Strengthening Key Account Management To reinforce our market position and support long-term customer relationships, a dedicated Key Accounts team has been established.”
• “Enhanced Bid and Tender Capability During 2025, significant improvements were made to the bid and tender process, enhancing our ability to deliver competitive, value-driven solutions to public sector and large-scale clients.”
• “Branch Network Expansion The Northampton branch opened in October 2025, marking the beginning of a structured branch expansion programme.”
• “Gainsborough Branch Redevelopment The relocation to a new purpose-built facility for the Gainsborough branch was completed in December 2025.”
• “The company has relocated its head office to a new unit. The new unit utilises energy efficient heating and ventilation systems and uses LED lighting solutions and PIR's to ensure the lighting is only on when needed and has the goal of keeping energy usage to a minimum. The building has a large solar panel installation which is capable of generating up to 75kWh which will help offset a large amount of energy usage.”
• “The company continues to move its fleet into EV vehicles and in addition to last year's actions, are looking into potential solutions to reduce the emissions from their fleet of vans.”

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

Filings

3

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

  +30.1%

  £55,179,519 → £71,782,030

• Cash

  -7%

  £528,804 → £491,683

• Net assets

  +14.7%

  £11,727,660 → £13,454,673

• Employees

  +7.4%

  188 → 202

• Operating profit

  +16.8%

  £2,531,335 → £2,957,430

• Profit before tax

  +16.9%

  £2,571,548 → £3,005,606

• Wages

  +19.1%

  £7,611,123 → £9,066,890

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