LEWDEN LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. LEWDEN LTD 2019-12-23 → present
2. LEWDEN METAL PRODUCTS LIMITED 1946-12-06 → 2019-12-23

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

Consolidated group

Auditor

RPG Crouch Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LEWDEN LTD · parent
   1. Palazzoli Middle East FZE 100% · Dubai, United Arab Emirates · Trading in electrical fittings
   2. Controlgear Direct Limited (CGD) 100% · Irvine, Scotland · Dormant

Significant events

• “There is a fixed and floating charge over the property and all other assets of the Company. This includes a Fixed Charge over all present freehold and leasehold property; First Fixed Charge over book and other debts, chattels, goodwill and uncalled capital, both present and future; and First Floating Charge over all assets and undertaking both present and future dated 29 October 2015.”

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

  -24.3%

  £18,060,573 → £13,664,782

• Cash

  +12%

  £5,717,627 → £6,401,132

• Net assets

  +7%

  £11,422,359 → £12,224,161

• Employees

  +5.7%

  53 → 56

• Operating profit

  +103.2%

  £555,183 → £1,127,995

• Profit before tax

  +108.5%

  £652,003 → £1,359,336

• Wages

  +5.7%

  £2,473,723 → £2,615,614

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