LESJOFORS SPRINGS (UK) LIMITED

1. LESJOFORS SPRINGS (UK) LIMITED 2001-08-31 → present
2. LESJOFORS AUTOMOTIVE LIMITED 1996-02-05 → 2001-08-31
3. EURO SUSPENSIONS LIMITED 1990-08-17 → 1996-02-05
4. LESJOFORS (DISTRIBUTION) LIMITED 1990-05-18 → 1990-08-17
5. RAPID 9940 LIMITED 1990-03-22 → 1990-05-18

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PM+M Solutions for Business LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Net sales achieved in the year are £17.7m in comparison to £20.1m in the previous year, a decrease of 12%. The results indicate that the gross margin currently being achieved is 25.7%, an increase on the prior year margin of 23.12%, driven by a change in business mix. Selling and distribution costs have increased by £14k. Administration costs have increased by £96k. Trade debtors have decreased by 18.4%. Trade creditors have increased by 71%.”

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

1

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

  -12%

  £20,098,349 → £17,688,141

• Cash

  +113.4%

  £55,120 → £117,611

• Net assets

  -6.2%

  £3,729,263 → £3,499,017

• Employees

  -3.4%

  29 → 28

• Operating profit

  -17.3%

  £1,197,850 → £990,177

• Profit before tax

  -25.4%

  £1,081,473 → £806,301

• Wages

  -2.1%

  £1,012,094 → £990,602

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