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Company No. 09244414 · Incorporated 1 Oct 2014

Soper of Lincoln Limited

Registered name: SOPER OF LINCOLN LIMITED

Part of Sterling Management Holdings Limited group

Soper of Lincoln Limited made £96m revenue and £232k profit in the year to 31 Dec 2023. read from filing text

Soper of Lincoln Limited’s revenue was £96m in the year to 31 Dec 2023, with £232k profit and 106 employees. The company is classified under “sale of new cars and light motor vehicles” and is based in Maidstone,; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 45111Sale of new cars and light motor vehicles
Status
Active
Location
Maidstone,, South East
Age
12 yrs · since 2014
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's ultimate parent company is Aliom Holdings Limited and the results of Soper of Lincoln Limited are included in the consolidated financial statements of Aliom Holdings Limited which are av”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightDoing more with lessCash flow filed
Revenue
£96m
Growth 0%
Profit
£232k
Growth ▼87.4%
Profit margin
0.2%
Gross 11%
Employees
106
Change ▼3.6%
Profit / employee
£2.2k
Revenue/employee £905k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£96m£96m
Cost of sales£85.1m£85.4m
Gross profit£10.9m£10.5m
Operating profit£2.2m£1.3m
Profit before tax£1.9m£697k
Profit after tax£1.8m£232k
Profit (best available)£1.8m£232k
Employees (average)110106
Ratios
Profit margin1.9%0.2%
Gross margin11.4%11%
Revenue per employee£873k£905k
Profit per employee£16.7k£2.2k
Cash conversion−22.3%−154.9%
Growth (year on year)
Revenue growth—0%
Profit growth—▼87.4%
Headcount growth—▼3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£19.1k£20.5k
Net assets£8.4m£8.5m
Fixed assets£3.9m£4m
Current assets£18.9m£20.4m
Debtors£3.6m£3.8m
Deferred income£95.2k£595k
Cash from operations−£481k−£2m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
0.2%
Profit ÷ revenue.
Gross margin
11%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£905k
Revenue ÷ average employees.
Profit per employee
£2.2k
Profit ÷ average employees.
Cash conversion
−154.9%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.1%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0.6%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
4%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲2%
Now £8.5m
Cash at bank
▲8%
Now £20.5k
Headcount
▼4%
Now 106
Deferred income
▲524%
Now £595k
Fixed assets
▲1%
Now £4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Sterling Management Holdings Limited (registered outside the UK register)ultimate parent75–100%
  2. Group 1 Automotive UK Limited75–100%
  3. Soper of Lincoln Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (26)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £232k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.