LORNAMEAD UK LIMITED

1. LORNAMEAD UK LIMITED 2006-08-30 → present
2. NETWORK MANAGEMENT LIMITED 1983-11-01 → 2006-08-30

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 101

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support of its intermediate parent company Meiyume Holdings (BVI) Limited. The directors have received confirmation from Meiyume Holdings (BVI) Limited, that it intends to support the company for at least one year from the date of signing these financial statements.”

Group structure

1. LORNAMEAD UK LIMITED · parent
   1. Meiyume Retail Solutions Limited 100% · United Kingdom · Point of sale business

Significant events

• “On 1 November 2024 the Collection brand business unit was transferred to the company from Meiyume (UK) Limited, a fellow UK group company.”
• “During the year, the Group acquired a new intangible asset, the Collection brand, from its fellow group undertaking, Meiyume UK, at its net book value.”
• “During the year, the company purchased the entire share capital of another group company, Meiyume Retail Solutions, from a third group company, Meiyume Holdings UK Limited for £101.”
• “Post year end the intercompany debt owed to the immediate parent company, Lornamead Group Limited, was exchanged for the issue one ordinary share with a nominal value of £1.”

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

Filings

5

last 12 months

Capital events

1

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

  +39.1%

  £11,614,000 → £16,151,000

• Cash

  +452.5%

  £261,000 → £1,442,000

• Net assets

  +22.9%

  £1,971,000 → £2,422,000

• Employees

  +100%

  6 → 12

• Operating profit

  +216.3%

  £332,000 → £1,050,000

• Profit before tax

  +405.7%

  £175,000 → £885,000

• Wages

  +113.9%

  £317,000 → £678,000

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