LAWES AGRICULTURAL TRUST
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-14 (in 9mo)
Last made up 2026-01-31
Watchouts
Cash
£1M
-37.4% vs 2024
Net assets
£29M
-2.7% vs 2024
Employees
9
+12.5% vs 2024
Profit before tax
—
Period ending 2025-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £2,165,881 | £2,248,168 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £606,056 | -£793,759 | |
| Cash | £2,311,833 | £1,447,398 | |
| Total assets less current liabilities | £29,457,722 | £28,663,963 | |
| Net assets | £29,457,722 | £28,663,963 | |
| Equity | £29,457,722 | £28,663,963 | |
| Average employees | 8 | 9 | |
| Wages | £301,139 | £308,062 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Net margin | 28.0% | -35.3% | |
| Gearing (liabilities / total assets) | 2.8% | 2.2% | |
| Current ratio | 3.20x | 2.86x |
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
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Price Bailey LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have adopted the going concern basis in the preparation of these financial statements. Forecasts have been prepared which support this to 31 March 2027. There are no material uncertainties in this assessment. Cash and liquid investments remain strong and the Trustees are satisfied that the Trust remains a going concern.”
Group structure
- LAWES AGRICULTURAL TRUST · parent
- LAT Redbourn Limited 100%
Significant events
- “During 2021 the Trust entered into a promotion agreement with Lands Improvement Holdings Limited. Under the terms of this agreement and following the grant of a satisfactory planning permission, the land will be marketed for sale.”
- “On 19 April 2023, the Trust disposed of the land North-East of Redbourn to its wholly-owned subsidiary, LAT Redbourn Limited for total proceeds of £510,204.”
- “On 19 April 2023, the Trust entered into a 99 year lease (on a peppercorn rent basis, with a lease premium of £500k) in relation to the Manor House on the Rothamsted estate with its wholly-owned subsidiary, LAT Redbourn Limited.”
- “In March 2023 the Trust invested £50,220 to acquire 186 (1.13%) £0.01 ordinary shares in Sugarox Limited. In April 2024 the Trust invested a further £11,154 to acquire 33 £0.01 ordinary shares in Sugarox Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OXLEY, Peter Duncan | Secretary | 2017-10-24 | — | — |
| CHAPMAN, Lyndsay Elizabeth | Director | 2025-11-26 | Apr 1964 | British |
| GEMMILL, William Andrew Lindsay | Director | 2018-05-03 | Oct 1965 | English |
| HARDWICK, Simon John | Director | 2025-06-01 | Oct 1955 | British |
| HAYTER, Katrina Elizabeth | Director | 2025-11-19 | May 1979 | British |
| KEITH, Deborah Jane, Dr | Director | 2023-11-22 | Sep 1957 | British |
| LELLIOTT, John George | Director | 2025-06-01 | Aug 1952 | British |
| MCKELLAR, Quintin Archibald, Professor | Director | 2025-03-04 | Dec 1958 | British |
| SAYERS, Julian Anthony | Director | 2023-11-22 | Sep 1959 | British |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JAMES, Stephen | Secretary | 2014-02-19 | 2017-10-24 |
| BARSBY, Tina Lorraine | Director | 2015-02-21 | 2025-05-21 |
| BAULCOMBE, David Charles, Sir | Director | 2014-02-19 | 2025-03-04 |
| BIRCH, Graham John, Dr | Director | 2016-01-05 | 2025-05-21 |
| CAMERON, Ewen James Hanning, Lord | Director | 2014-02-19 | 2019-12-04 |
| COCKING, Edward Charles Daniel, Professor | Director | 2014-02-19 | 2015-02-01 |
| CONWAY, Gordon Richard, Sir | Director | 2014-02-19 | 2017-10-24 |
| CURRY, Donald Thomas Younger, Lord | Director | 2014-02-19 | 2017-10-24 |
| DE RAMSEY, John Ailwyn, Lord | Director | 2014-02-19 | 2016-12-01 |
| GODFRAY, Hugh Charles Jonathan, Professor | Director | 2016-12-02 | 2025-09-03 |
| HASKINS, Christopher Robin, Lord | Director | 2014-02-19 | 2016-01-01 |
| KENDALL, Peter Ashley, Sir | Director | 2015-02-22 | 2023-11-22 |
| PERCY, Charles Richard | Director | 2019-12-04 | 2025-11-19 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-09 | AA | accounts | Accounts with accounts type group | |
| 2025-12-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | AA | accounts | Accounts with accounts type group | |
| 2024-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-05 | AA | accounts | Accounts with accounts type full | |
| 2023-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+3.8%
£2,165,881 £2,248,168
-
Cash
-37.4%
£2,311,833 £1,447,398
-
Net assets
-2.7%
£29,457,722 £28,663,963
-
Employees
+12.5%
8 9
-
Wages
+2.3%
£301,139 £308,062
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