LOWE AND FLETCHER LIMITED

1. LOWE AND FLETCHER LIMITED 1996-02-07 → present
2. LOWE AND FLETCHER INTERNATIONAL LIMITED 1976-07-15 → 1996-02-07

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

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors continue to monitor the trading risks and pressures, such as inflation, on the Group and the possible need for additional funding (caused, for instance, by the non-renewal of facilities or failing to resolve future breaches in covenants with the bank). They do not consider these to be of sufficient significance to indicate that a material uncertainty exists which may cast significant doubt on the Group's and Parent Company's ability to continue as a going concern and therefore their ability to operate and pay their liabilities as they fall due for payment through the forecast period. Therefore, after careful consideration, it is the Directors view that the available bank loan and overdraft funding will continue in place throughout the period and that the headroom of current and expected to be available bank facilities compared to cash at bank, bank loans and overdrafts should be sufficient to enable the Group and Parent Company to operate and meet their liabilities as they fall due for payment throughout the forecast period. On this basis, the Directors consider that it is appropriate to prepare the financial statements on the going concern basis. Thus, the financial statements do not include the adjustments that would be necessary if the Group and Parent Company are unable to continue as a going concern.”

Group structure

1. LOWE AND FLETCHER LIMITED · parent
   1. Euro Locks SA NV 76.7% · Belgium · Manufacture and sale of locking devices
   2. Euro-Locks SA 76.7% · France · Manufacture and sale of locking devices
   3. Euro-Locks GmbH 76.7% · Germany · Manufacture and sale of locking devices
   4. Lowe & Fletcher Inc · USA · Manufacture and sale of locking devices
   5. Vanguard Smoke and Fire Curtains 100% · USA · Manufacture and sale of fire and smoke containment products
   6. Euro-Locks Sp. z o. o. 100% · Poland · Manufacture and sale of locking devices
   7. BLE Smoke and Fire Curtains Limited 100% · UK · Manufacture and sale of fire and smoke containment products
   8. Lowe and Fletcher (Wednesbury) Limited 100% · UK · Electro platers, polishers and metal finishers
   9. A Cooper Group Limited 100% · UK · Holding Company
   10. Coopers Fire Limited 100% · UK · Manufacture and sale of fire and smoke containment products
   11. A Cooper Properties Limited 100% · UK
   12. Coopers Drives & Controls Limited 100% · UK
   13. Coopers Weaving Limited 50% · UK · Manufacture and research and development into textiles products
   14. BLE (Holdings) Limited 100% · UK
   15. J.H.S. (UK) Limited 100% · UK
   16. Electrolok Company (Security) Limited 100% · UK
   17. Lowe & Fletcher International Limited 100% · UK
   18. Sandycott Limited 100% · UK
   19. Simpkin Machin & Company Limited 100% · UK
   20. Bradley Lomas Electrolok Limited 100% · UK

Significant events

• “In September 2025, a €3m loan, repayable over 5 years, was renewed in Europe.”
• “In the UK, the lender has agreed to amend the loan covenants with effect from 15 January 2026 and has agreed to waive the loan covenants at 31 December 2024 and each subsequent quarter through to 30 September 2025.”
• “Furthermore, in January 2026, a settlement was reached in relation to the unsuccessful ERP project to the mutual satisfaction of all parties.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -0.9%

  £87,621,934 → £86,826,684

• Cash

  -35.8%

  £3,160,225 → £2,029,179

• Net assets

  -16.3%

  £26,155,488 → £21,888,651

• Employees

  -3.6%

  1,110 → 1,070

• Operating profit

  +86.9%

  -£6,027,144 → -£787,543

• Profit before tax

  +74.6%

  -£6,784,473 → -£1,725,007

• Wages

  +0.9%

  £29,692,855 → £29,969,950

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