LEEDS WELDING COMPANY LIMITED(THE)
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-18 (in 1mo)
Last made up 2025-06-04
Watchouts
None on the register
Cash
£333K
-10.5% vs 2023
Net assets
£2M
-0.3% vs 2023
Employees
122
+3.4% vs 2023
Profit before tax
£596K
-7% lowest in 4 filed years
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £15,169,173 | £16,755,108 | £15,685,486 | £15,015,940 | |
| Operating profit | — | — | £1,088,833 | £830,102 | £691,695 | £642,701 | |
| Profit before tax | — | — | £1,069,440 | £792,383 | £640,937 | £596,020 | |
| Net profit | — | — | £881,598 | £669,353 | £560,371 | £529,982 | |
| Cash | — | — | £48,024 | £236,266 | £372,156 | £332,930 | |
| Total assets less current liabilities | — | — | £2,959,301 | £2,962,198 | £2,894,113 | £2,669,729 | |
| Net assets | — | — | £1,799,441 | £1,964,258 | £2,114,130 | £2,107,808 | |
| Equity | — | — | £1,799,441 | £1,964,258 | £2,114,130 | £2,107,808 | |
| Average employees | — | — | 129 | 123 | 118 | 122 | |
| Wages | — | — | £3,640,046 | £3,935,235 | £3,979,362 | £4,102,194 |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | 7.2% | 5.0% | 4.4% | 4.3% | |
| Net margin | — | — | 5.8% | 4.0% | 3.6% | 3.5% | |
| Return on capital employed | — | — | 36.8% | 28.0% | 23.9% | 24.1% | |
| Current ratio | — | — | — | — | 1.17x | 1.23x | |
| Interest cover | — | — | 56.15x | 22.01x | 13.07x | 12.61x |
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
- Brown Butler
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Directors have reasonable expectation company has adequate resources to continue in operational existence for foreseeable future. Auditors concluded directors' use of going concern basis appropriate and identified no material uncertainties casting significant doubt on ability to continue as going concern for at least twelve months from authorisation.”
Significant events
- “The company plans further expansion into the agriculture sector for 2025. It continues to develop an additional unit for growth, prioritises investment in manufacturing technologies and staff training, and researches new products/markets, with the construction industry being a key target.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARCHER, Timothy Paul | Secretary | 1996-01-12 | — | British |
| ALMOND, Geoff Scott | Director | 2012-10-10 | Oct 1968 | Canadian,British |
| ARCHER, Timothy Paul | Director | 1992-12-10 | Aug 1961 | British |
| EAGLEN, Richard Graham | Director | 2006-11-16 | Jan 1975 | British |
| NOYLAND, Lee Richard | Director | 2014-12-01 | Feb 1976 | British |
| VERITY, Ian | Director | 2017-01-03 | Oct 1975 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARCHER, Colin | Secretary | — | 1996-01-12 |
| ADDISON, Stephen Thomas | Director | 1996-01-19 | 2013-12-31 |
| ARCHER, Colin | Director | — | 2009-08-31 |
| ARCHER, Michael | Director | — | 1992-12-10 |
| ARCHER, Norma | Director | — | 2001-07-31 |
| ARCHER, Ruby | Director | — | 1992-12-10 |
| SHARPE, Peter | Director | 2002-01-21 | 2015-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy Paul Archer | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 168 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | MA | incorporation | Memorandum articles | |
| 2026-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-12-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-07-11 | AA | accounts | Accounts with accounts type full | |
| 2022-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-02 | AUD | auditors | Auditors resignation company | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full | |
| 2021-06-10 | AD02 | address | Change sail address company with old address new address | |
| 2021-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-14 | CH03 | officers | Change person secretary company with change date | |
| 2021-01-13 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-4.3%
£15,685,486 £15,015,940
lowest in 4 filed years
-
Cash
-10.5%
£372,156 £332,930
-
Net assets
-0.3%
£2,114,130 £2,107,808
-
Employees
+3.4%
118 122
-
Operating profit
-7.1%
£691,695 £642,701
lowest in 4 filed years
-
Profit before tax
-7%
£640,937 £596,020
lowest in 4 filed years
-
Wages
+3.1%
£3,979,362 £4,102,194
highest in 4 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