LOCHS MOTOR TRANSPORT LIMITED Financials
- Company number
- SC025065CopyCopy
- Registered office
- Cameron Terrace, Leurbost Lochs, Isle Of Lewis HS2 9PE
- Incorporated
- 20/02/1947
Company snapshot
- Status
- Active
- Employees
- 30 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.86%vs 20232023: £1.70M
Total Assets
31.68%vs 20232023: £5.47M
Cash in Bank
-9.51%vs 20232023: £549.58K
Total Liabilities
51.81%vs 20232023: £1.44M
Employees
+4vs 20232023: 26
In 2024, LOCHS MOTOR TRANSPORT LIMITED reported net assets of £1.95M. The same filing shows total assets of £7.20M, cash in bank of £497.33K and total liabilities of £2.19M. Reported headcount was 30 in 2024. Total Assets rose from £5.47M in 2023 to £7.20M in 2024 (31.68%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.86%from £1.70M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LOCHS MOTOR TRANSPORT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+37.9%vs 2022+17.4% a year compound (CAGR)
Cash in Bank
-18.3%vs 2022-9.6% a year compound (CAGR)
Total Assets
+72.9%vs 2022+31.5% a year compound (CAGR)
Total Liabilities
+96.6%vs 2022+40.2% a year compound (CAGR)
Employees
+36.4%vs 2022+8Biggest increase
Total Liabilities+96.6%
£1.12M in 2022 to £2.19M in 2024
Biggest decrease
Cash in Bank-18.3%
£608.42K in 2022 to £497.33K in 2024
LOCHS MOTOR TRANSPORT LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOCHS MOTOR TRANSPORT LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 27.13%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 30.43%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 22.68%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 6.90%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LOCHS MOTOR TRANSPORT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.14M | 1.42M | 1.70M | 1.95M |
| Total Assets£ | 4.14M | 4.17M | 5.47M | 7.20M |
| Cash in Bank£ | 490.52K | 608.42K | 549.58K | 497.33K |
| Total Liabilities£ | 1.31M | 1.12M | 1.44M | 2.19M |
| Employees | 22 | 22 | 26 | 30 |
LOCHS MOTOR TRANSPORT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LOCHS MOTOR TRANSPORT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
LOCHS MOTOR TRANSPORT LIMITED reported net assets of £1.95M for 2024. That compares with £1.70M in 2023, a change of 14.86%.
LOCHS MOTOR TRANSPORT LIMITED reported total assets of £7.20M for 2024. That compares with £5.47M in 2023, a change of 31.68%.
LOCHS MOTOR TRANSPORT LIMITED reported cash in bank of £497.33K for 2024. That compares with £549.58K in 2023, a change of -9.51%.
LOCHS MOTOR TRANSPORT LIMITED reported 30 employees in 2024, compared with 26 in 2023.
Between 2022 and 2024, LOCHS MOTOR TRANSPORT LIMITED's net assets rose by 37.9%, cash in bank fell by 18.3%, total assets rose by 72.9% and total liabilities rose by 96.6%. Net assets compounded at 17.4% a year across the two years to 2024, from £1.42M to £1.95M. Reported headcount went from 22 in 2022 to 30 in 2024 (+8).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.