L W COLE (DISTRIBUTORS) LIMITED

1. L W COLE (DISTRIBUTORS) LIMITED 1993-07-01 → present
2. USUALOFTEN LIMITED 1993-04-21 → 1993-07-01

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

Ballards LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on a going concern basis. Having taken into account the continued financial performance experienced to date, together with forecast revenues, the company's ongoing operational expenditure, and the likely capital additions and likely capital repayments, the company's directors have concluded that it is appropriate that these financial statements are prepared and presented using the going concern principle.”

Significant events

• “Despite the impact of the Budget and the challenging economic and market conditions, the 2024/25 financial year has seen strong sales performance, with an increase of £1,999,318 (7%) compared to 2023/24. Investment in projects, one-off expenditure, plus inflationary pressures has resulted in a net margin of 2.4% compared to 3.9% in 2023/24.”

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

  +7.4%

  £27,063,219 → £29,062,537

• Cash

  +86.1%

  £55,703 → £103,650

• Net assets

  +10.2%

  £4,528,583 → £4,989,343

• Employees

  -1.3%

  78 → 77

• Operating profit

  -33.4%

  £1,053,065 → £701,129

• Profit before tax

  -34.2%

  £1,044,466 → £687,375

• Wages

  +11.5%

  £4,018,064 → £4,478,407

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