LRQA GROUP LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-11 (in 11mo)
Last made up 2026-03-28
Watchouts
None on the register
Cash
£7M
+50.5% vs 2023
Net assets
£255M
-8.2% vs 2023
Employees
28
+86.7% vs 2023
Profit before tax
-£23M
+30.7% vs 2023
Name history
Renamed 4 times since incorporation
- LRQA GROUP LIMITED 2021-11-09 → present
- LLOYD'S REGISTER INSPECTION LIMITED 2003-05-21 → 2021-11-09
- LLOYD'S REGISTER VERIFICATION LIMITED 2003-05-14 → 2003-05-21
- LLOYD'S REGISTER INSPECTION LIMITED 1977-12-31 → 2003-05-14
- L R INSPECTION LIMITED 1975-06-26 → 1977-12-31
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £67,424,000 | £68,818,000 | |
| Operating profit | -£24,045,000 | -£12,742,000 | |
| Profit before tax | -£33,145,000 | -£22,976,000 | |
| Net profit | -£34,448,000 | -£24,471,000 | |
| Cash | £4,425,000 | £6,659,000 | |
| Total assets less current liabilities | £292,287,000 | £276,002,000 | |
| Net assets | £277,767,000 | £255,066,000 | |
| Equity | £277,766,000 | £255,065,000 | |
| Average employees | 15 | 28 | |
| Wages | £811,000 | £1,038,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -35.7% | -18.5% | |
| Net margin | -51.1% | -35.6% | |
| Return on capital employed | -8.2% | -4.6% | |
| Gearing (liabilities / total assets) | 51.3% | 62.0% | |
| Current ratio | 0.59x | 0.64x | |
| Interest cover | -2.17x | -0.83x |
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
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company currently relies on continued support, either directly or indirectly, from the parent company to ensure the Company continues to operate as a going concern. Along with the signed confirmation of support of the Company's parent and having considered the forecasted cash flows of the Company for a period of at least 12 months from the date of approval of these financial statements, the Directors consider that the Company will be able to meet its liabilities as they fall due and therefore continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- LRQA GROUP LIMITED · parent
- LRQA Southern America S.R.L. 100%
- LRQA Austria GmbH 100%
- LRQA België BV 100%
- LRQA do Brasil Ltda 100%
- LRQA Quality Assurance Canada Limited 100%
- LRQA Chile SpA 100%
- LRQA Ind Tech Services Shanghai 100%
- LRQA (Shanghai) Company Ltd 100%
- Lloyd's Register Inspection Ltd 100%
- LRQA Adria d.o.o 100%
- LRQA Ceska Republika s.r.o 100%
- LRQA Egypt LLC 100%
- LRQA Inspection France SAS 100%
- LRQA Hellas SA 100%
- LRQA Magyarország Kft. 100%
- PT LRQA Business Assurance & Insurance Services Indonesia 100%
- LRQA M&I Services India LLP 100%
- LRQA Israel Ltd 100%
- Lloyd's Register EMEA (Ireland) 100%
- LRQA Japan Kabushik Kaisha 100%
- LRQA Malaysia Snd Bhd 100%
- LRQA Inspection Malaysia Sdn Bhd 100%
- LRQA Netherlands BV 100%
- LRQA Verification B.V 100%
- LRQA Inspection Services SPC 100%
- LRQA Peru SAC 100%
- LRQA Polska Sp. Z.o.o. 100%
- LRQA Portugal, Unipessoal Lda 100%
- LRQA Quality Assurance and Inspection Middle East LLC 100%
- LRQA RO S.R.L. 100%
- LRQA Arabia Inspection LLC 100%
- LRQA South Africa Proprietary Limited 100%
- LRQA Inspection Iberia SAU 100%
- LRQA (Thailand) Limited 100%
- LRQA Assurance and Inspection T&T Limited 100%
- LRQA Turkey Belgelendirme Hizmetleri Limited Sirketi 100%
- LRQA Certification and Assurance LLC 100%
- LRQA Limited 100%
- LRQA Verification Ltd 100%
- Lloyd's Register Quality Assurance, Inc 100%
- LRQA Vietnam Company Limited 100%
- Nettitude Limited 100%
- Nettitude Inc 100%
- Acoura Holdings Limited 100%
- Elevate Group 100%
- Ergon Associates Limited 100%
- LRQA Apave Limited 51%
Significant events
- “On 3 February 2025, LRQA Group Limited acquired RESET Carbon, a leader in corporate and supply chain carbon management solutions.”
- “On 20 February 2025, LRQA Inc acquired Core Business Solutions. Core Business Solutions specialises in technology-driven advisory services that simplify the certification process, with a strong focus on quality, cybersecurity, environmental and IT standards.”
- “On 28 March 2025, LRQA Inc acquired EcoEngineers, a US-based consulting, auditing and advisory firm with an exclusive focus on the energy transition.”
- “On 21 November 2025, Nettitude Limited acquired SALUS DIGITAL SECURITY LIMITED, a market leader and reputable provider of cybersecurity solutions.”
- “On 15 September 2025, LRQA Inc acquired International Compliance Group Inc (ICG). ICG provides Responsible Sourcing services, including internationally recognised standards such as SLCP, WRAP, Higg FEM and SEDEX, whilst strengthening the data and intelligence underpinning LRQA's supply chain risk intelligence software, EiQ.”
- “On 2 March 2026 ELEVATE Global Business Consulting South Africa (Pty) Ltd, LRQA Limited and LRQA Italy S.r.l. acquired the trade and assets of Partner Africa.”
- “On 14 January 2026, LRQA Inc acquired Lindinger. Lindinger becomes LRQA's first dedicated Inspection Services acquisition in the US.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 33 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FRANKLIN, Kevin Christopher | Director | 2024-02-19 | Sep 1973 | British |
| GOUVEIA E CUNHA, Luis Miguel | Director | 2024-08-12 | Sep 1979 | Portuguese |
| KAMPOURIS, Fotios | Director | 2024-02-19 | May 1977 | Greek |
| KAUR, Rajwinder | Director | 2024-02-19 | May 1973 | British |
| MCCALLUM, Niall John | Director | 2024-02-19 | Jul 1974 | British |
| PAYNE, Simon David | Director | 2024-02-19 | Oct 1973 | British |
| SPAULDING, Joseph Ian | Director | 2023-03-01 | Jan 1972 | American |
Show 33 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BIGMORE, Tracey Anne | Secretary | 2019-02-04 | 2021-12-01 |
| COLBY-BLAKE, Chad Phillip | Secretary | 2014-10-17 | 2017-10-16 |
| COLBY-BLAKE, Chad Phillip | Secretary | 2009-11-13 | 2012-11-01 |
| GERRARD, Ashley Louise | Secretary | 2017-10-16 | 2019-01-31 |
| KARIM, Shazna | Secretary | 2021-12-01 | 2022-05-11 |
| MULLINS, Michelle | Secretary | 2002-01-10 | 2005-08-12 |
| PLATT, Joanne Elizabeth | Secretary | 1995-05-25 | 1998-10-29 |
| POVEY, Keith Owen | Secretary | 1998-10-29 | 2002-01-10 |
| POVEY, Keith Owen | Secretary | — | 1995-05-29 |
| TAAFFE, Emma Jane | Secretary | 2005-08-12 | 2009-11-13 |
| WHITE, Timothy Scott | Secretary | 2012-11-01 | 2014-10-17 |
| ARCHER, Cyril | Director | — | 1991-11-04 |
| BIDDLE, Robert Martin | Director | 2002-10-29 | 2003-12-31 |
| BOWER, Timothy Ian | Director | 2016-12-01 | 2018-03-31 |
| BUTCHER, Paul Russell | Director | 2020-04-14 | 2023-09-01 |
| DAM, Cornelis | Director | 2000-09-18 | 2002-01-10 |
| GEE, Peter Henry | Director | 1991-11-04 | 2000-09-22 |
| KAYSER, Michael Arthur | Director | 2004-04-02 | 2008-03-20 |
| MACLEOD, Hugh Roderick, Sir | Director | — | 1993-01-22 |
| MARSH, Alastair Stewart | Director | 2008-03-20 | 2009-07-01 |
| MITCHELL, David James | Director | 2009-07-01 | 2019-04-30 |
| NICE, Simon Oliver | Director | 2016-11-30 | 2018-05-23 |
| NOTT, Richard | Director | 2011-01-07 | 2014-06-01 |
| O'FERRALL, Patrick Charles Kenneth | Director | 1993-03-25 | 1999-11-12 |
| PINDER, James Ian | Director | 2018-03-31 | 2024-06-21 |
| POVEY, Keith Owen | Director | 2001-11-01 | 2016-11-30 |
| PROFFITT, Keith | Director | 2020-04-14 | 2021-12-02 |
| ROWE, Richard | Director | 2006-06-05 | 2008-09-18 |
| SANDERS, Anthony John | Director | 1993-08-24 | 1999-01-13 |
| SEAMAN, Miles | Director | — | 1993-06-30 |
| WALSH, Timothy Martin | Director | 2008-09-08 | 2014-06-01 |
| WHITEHEAD, Alan | Director | 1999-01-14 | 2001-06-08 |
| WILLIAMS, Andrew James | Director | 2018-03-31 | 2023-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dione Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-30 | Active |
| Lloyd's Register Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-11-30 |
Filing timeline
Last 20 of 217 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-03 | AA | accounts | Accounts with accounts type full | |
| 2026-03-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-28 | SH01 | capital | Capital allotment shares | |
| 2025-06-05 | CH01 | officers | Change person director company with change date | |
| 2025-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AA | accounts | Accounts with accounts type full | |
| 2025-03-31 | CH01 | officers | Change person director company with change date | |
| 2025-02-21 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-04 | CH01 | officers | Change person director company with change date | |
| 2024-09-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-22 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 1
- 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
+2.1%
£67,424,000 £68,818,000
-
Cash
+50.5%
£4,425,000 £6,659,000
-
Net assets
-8.2%
£277,767,000 £255,066,000
-
Employees
+86.7%
15 28
-
Operating profit
+47%
-£24,045,000 -£12,742,000
-
Profit before tax
+30.7%
-£33,145,000 -£22,976,000
-
Wages
+28%
£811,000 £1,038,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers