LECICO PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have assessed the Company's ability to continue as a going concern, taking into account detailed forecasts and cash flow projections covering a period of at least 12 months from the date of approval of these financial statements. These forecasts include sensitivity analysis reflecting potential downside scenarios, including reduced sales volumes and increased input costs. The Company operates asset-based lending facilities, including invoice financing and import facilities, which provide working capital aligned to trading levels. The Company also has access to support from its parent undertaking, which has confirmed its intention to provide financial assistance, if required, for at least 12 months from the date of approval of these financial statements. Based on this assessment, the Directors are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future and have therefore prepared the financial statements on a going concern basis. The Directors have concluded that there are no material uncertainties that would cast significant doubt on the Company's ability to continue as a going concern.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -3.7%

  £22,104,753 → £21,291,134

• Cash

  +50.3%

  £43,754 → £65,773

• Net assets

  -2.7%

  £1,849,423 → £1,799,574

• Employees

  -12.1%

  58 → 51

• Operating profit

  +135.6%

  -£718,643 → £256,163

  first positive since 2024

• Profit before tax

  +93.4%

  -£1,009,931 → -£66,441

• Wages

  -7%

  £2,464,145 → £2,292,113

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