LYNN'S COUNTRY FOODS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-02-22
Confirmation statement due
2026-09-24 (in 4mo)
Last made up 2025-09-10
Watchouts
Cash
£2M
-50.5% vs 2024
Net assets
£22M
-72.9% vs 2024
Employees
897
+18.3% vs 2024
Profit before tax
£9M
+27.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
10 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2025-02-22
| Metric | Trend | 2024-02-24 | 2025-02-22 |
|---|---|---|---|
| Turnover | £159,284,558 | £170,166,836 | |
| Operating profit | £8,666,135 | £10,444,835 | |
| Profit before tax | £7,361,282 | £9,361,837 | |
| Net profit | £5,210,857 | £6,864,469 | |
| Cash | £4,412,938 | £2,186,517 | |
| Total assets less current liabilities | £91,563,471 | £32,144,561 | |
| Net assets | £80,790,811 | £21,929,813 | |
| Equity | £80,790,811 | £21,929,813 | |
| Average employees | 758 | 897 | |
| Wages | £17,784,125 | £24,472,938 |
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 | 2024-02-24 | 2025-02-22 |
|---|---|---|---|
| Operating margin | 5.4% | 6.1% | |
| Net margin | 3.3% | 4.0% | |
| Return on capital employed | 9.5% | 32.5% | |
| Gearing (liabilities / total assets) | 42.7% | 70.4% | |
| Current ratio | 2.37x | 1.20x | |
| Interest cover | 5.36x | 6.22x |
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
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of 12 months from the date of this report. Accordingly, they continue to adopt the going concern basis in preparing the report and financial statements.”
Significant events
- “On 27 June 2025 the LCF Holdings Limited Group was acquired by Sofina Foods Limited, a company registered in England and part of the UK111 Limited Group. On this date, ultimate control passed from Ms Christine Lynn to Mr Mehrdad Michael Latifi. On the same date, Bank loans of the Company were repaid in full using funds provided by Sofina Foods Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| POWELL, Robert James | Secretary | 2025-06-27 | — | — |
| AMIRAHMADI, Afshin | Director | 2025-06-27 | Nov 1969 | British |
| HO, Simon Kin-Man | Director | 2025-06-27 | Dec 1977 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LYNN, Christine | Secretary | 1987-02-16 | 2021-05-03 |
| WARE, Andrew | Secretary | 2021-05-03 | 2025-06-27 |
| BURNLEY, Roger | Director | 2023-10-02 | 2025-06-27 |
| FERGUSON, Declan | Director | 2014-12-08 | 2025-10-10 |
| LYNN, Christine Henning | Director | 2021-05-03 | 2025-06-27 |
| LYNN, Denis | Director | 1987-02-16 | 2021-05-02 |
| LYNN, Kerry Sara | Director | 2019-09-11 | 2025-06-27 |
| LYNN, Tara Christine | Director | 2021-07-15 | 2025-06-27 |
| MANNING, David Brown | Director | 2021-05-03 | 2022-03-09 |
| MCMONAGLE, Brian John | Director | 2014-03-31 | 2019-07-03 |
| MOORE, Clare Rebecca | Director | 2016-03-23 | 2025-06-27 |
| NETHERCOTT, Andrew | Director | 2020-10-01 | 2025-10-10 |
| PEARSON, Jago | Director | 2021-10-26 | 2025-04-17 |
| WALSH, Colin James | Director | 2021-05-03 | 2025-06-23 |
| WARE, Andrew | Director | 2015-08-03 | 2025-06-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mehrdad Michael Latifi | Individual | Shares 75–100%, Voting 75–100% | 2025-06-27 | Active |
| Sofina Foods Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2025-06-27 | Active |
| Ms Christine Henning Lynn | Individual | Significant influence | 2021-05-03 | Ceased 2025-06-27 |
| Mr Denis Stewart Lynn | Individual | Shares 75–100% | 2016-04-06 | Ceased 2021-05-02 |
Filing timeline
Last 20 of 223 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-29 | AA01 | accounts | Change account reference date company current extended | |
| 2025-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-02 | AA | accounts | Accounts with accounts type full | |
| 2025-10-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-15 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-08 | CH01 | officers | Change person director company with change date | |
| 2025-07-08 | CH01 | officers | Change person director company with change date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-07-08 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 10
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 2025-02-22 vs 2024-02-24
-
Turnover
+6.8%
£159,284,558 £170,166,836
-
Cash
-50.5%
£4,412,938 £2,186,517
-
Net assets
-72.9%
£80,790,811 £21,929,813
-
Employees
+18.3%
758 897
-
Operating profit
+20.5%
£8,666,135 £10,444,835
-
Profit before tax
+27.2%
£7,361,282 £9,361,837
-
Wages
+37.6%
£17,784,125 £24,472,938
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