LEE & PLUMPTON LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-08-28.

• ⚠

  Material uncertainty over going concern

  We draw attention to the financial statements, which indicate that the company incurred a net loss of £1,052,092 during the year ended 28 August 2023. The director has confirmed that he will continue to financially support the company for at least a period of 12 months from the date of this report. These conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

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

Haines Watts

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to the financial statements, which indicate that the company incurred a net loss of £1,052,092 during the year ended 28 August 2023. The director has confirmed that he will continue to financially support the company for at least a period of 12 months from the date of this report. These conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “The business saw a reduction in sales during the year ended 28 August 2023 and incurred further increases in manufacturing overheads, although the year did end with a strong order book.”
• “Our previous work on energy reduction has yielded some tangible benefits during this year and will continue to do so as we continue to reduce our impact on the environment in many areas.”
• “The company continues to add a number of new products to its range and a pipeline of new desking ranges are progressing through design.”

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

Filings

1

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

  -33.1%

  £4,157,645 → £2,782,123

• Cash

  -66.5%

  £314,726 → £105,371

• Net assets

  +91.6%

  £5,319,818 → £10,192,642

• Employees

  -13.2%

  76 → 66

• Operating profit

  -51.4%

  -£695,624 → -£1,052,839

• Profit before tax

  -51.3%

  -£695,574 → -£1,052,092

• Wages

  -7.1%

  £1,612,460 → £1,497,697

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