HI-REL LIDS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-05-14.

1. HI-REL LIDS LIMITED 1988-01-26 → present
2. SAK LIDS LIMITED 1986-07-07 → 1988-01-26

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared detailed profit and cashflow forecasts which have been revised quarterly during 2024 to include the current and forecasted growth of the defence, optical and industrial markets. These, together with the results achieved since the balance sheet date, have led the directors to conclude that the company remains a going concern and will be able to meet its liabilities that fall due for a period of at least 12 months from date of approval of the financial statements.”

Significant events

• “Working together with our leading customers on business initiatives and continuity plans which will enable us to work more closely together to benefit all parties in achieving our goal of maintaining revenue growth in the optical networking, defence and medical markets.”

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

  -17.3%

  £9,756,753 → £8,066,620

• Cash

  +20.6%

  £353,005 → £425,871

• Net assets

  +20.7%

  £7,564,034 → £9,126,758

• Employees

  -22.5%

  80 → 62

• Operating profit

  -1%

  £2,068,810 → £2,047,724

• Profit before tax

  +0.5%

  £2,070,808 → £2,080,204

• Wages

  -3.9%

  £2,112,708 → £2,030,721

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