LLOYD PASCAL & CO.LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Price Pearson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. LLOYD PASCAL & CO.LIMITED · parent
   1. House and Homestyle Limited 100% · England and Wales · Dormant
   2. Lloyd Pascal (Hong Kong) Limited 100% · Hong Kong · Design, import and distribution of bathroom fittings and accessories and other household articles

Significant events

• “During the year, the company undertook a capital de-merger whereby various assets and reserves were transferred to its parent company, Slemcka (DMS) Limited, and then to other group companies.”
• “The Board made the decision to effect the wind down of the domestic retail division that supplies houseware product, including bathroom and living products in order to stem the losses being incurred, and formulated a plan for the restructure of the current group by way of a demerger and sale of certain properties to facilitate the exit of some of the shareholders from the trading activities all of which were completed in the year ended 31 December 2024.”
• “The Company incurred restructuring costs including the cost of redundancies, to the value of £1,036,803.”
• “The investment properties in the year were sold to generate liquid assets in order to facilitate the capital de-merger in the parent company in the year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -33.9%

  £9,790,549 → £6,467,330

  lowest in 3 filed years

• Cash

  -87.8%

  £3,163,151 → £386,988

  lowest in 3 filed years

• Net assets

  -65.1%

  £13,084,443 → £4,572,717

  lowest in 3 filed years

• Employees

  -10.5%

  57 → 51

  lowest in 3 filed years

• Operating profit

  +62.7%

  -£365,788 → -£136,359

• Profit before tax

  -626.4%

  £195,249 → -£1,027,798

  lowest in 3 filed years

• Wages

  -23.3%

  £1,896,597 → £1,455,484

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers