LINGFIELD PARK LIMITED

1. LINGFIELD PARK LIMITED 2008-09-22 → present
2. LINGFIELD PARK 1991 LIMITED 1991-03-14 → 2008-09-22
3. LILACHAVEN LIMITED 1991-01-03 → 1991-03-14

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

Adler Shine LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections for not less than 12 months from the date of approval of these financial statements and taking into account current financial resources, the directors have a reasonable expectation that Lingfield Park Limited has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties that give rise to significant doubt as to the company's ability to continue to prepare its financial statements on a going concern basis.”

Significant events

• “Lingfield Park hosted 67 race meetings during 2024 (2023: 75) across its All-Weather, Flat and Jump tracks.”
• “Turnover for the year ended 31 December 2024 was £20,595,905 (2023: £22,906,906). The decrease was a reflection of the growing cost of living and competition the leisure spend.”
• “Operating results decreased from £2,743,277 profit in 2023 to £355,938 profit in 2024.”
• “Investment in fixed assets during the year was restricted to essential works, committed projects and the fulfilment of regulatory obligations. All other expenditure was closely monitored.”
• “The Company made use of additional funding from group companies during the year and this is reflected in the increase in amounts due to group companies at the year end.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  -10.1%

  £22,906,906 → £20,595,905

• Cash

  +76.7%

  £138,551 → £244,860

• Net assets

  -16.6%

  £8,966,254 → £7,475,271

• Employees

  +13.8%

  58 → 66

• Operating profit

  -87%

  £2,743,277 → £355,938

• Profit before tax

  -202%

  £1,150,613 → -£1,174,145

• Wages

  -6.2%

  £3,430,988 → £3,216,941

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