Lincoln Electric (U.K.) Limited
01982670
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 29/06/2025
Due 13/07/2026
Industry
Officers
secretary · Since 27/05/2020
Persons with Significant Control
Lincoln Electric Holdings Inc.
22801, St. Clair Avenue, Cleveland, 44117
Reg: Cp3376 · Ohio Secretary Of State'S Office · Publicly Traded Company
Notified 01/01/2026
Former PSCs
Lincoln Electric Uk Holdings Limited
Ceased 26/07/2024
Lincoln Electric Luxembourg S.A.R.L
Ceased 01/01/2026
Charges0 outstanding
MIDLAND BANK PLC
CompanyRankvs 15+ SIC 24340 peers78
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
exposed to the risk related to business disruption caused by the Covid pandemic. The directors of the company are confident that this pandemic will not impact the company’s ability to continue as a going concern. Despite some decline in sales over the 2020 period we are already seeing a return to normal sales levels versus pre-Covid levels. T he Board of Directors has considered the potential impa
Key FinancialsYear ending 31/12/2020
Turnover
£31.1M
Annual revenue
Net Worth
£12.9M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Profit Before Tax
£3.0M
Bottom line earnings
Net Current Assets
£21.9M
Working capital
Current Assets
£30.5M
Current Liabilities
£8.6M
Fixed Assets
£1.9M
Debtors
£26.6M
Cost of Sales
£22.9M
Gross Profit
£8.2M
Admin Expenses
£5.7M
Operating Profit
£2.8M
Profit After Tax
£2.4M
Tax at Year End(2019)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 3.54 | -£448k |
| 2019 | 3.29 | — |
Derived from filed accounts. Not audited figures.