LA-Z-BOY MANUFACTURING UK LIMITED
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Next accounts due
2027-01-31 (in 8mo)
Last filed for 2025-04-26
Confirmation statement due
2026-04-30
Overdue
Watchouts
Cash
£1M
-28.2% vs 2024
Net assets
-£231K
-104.8% vs 2024
Employees
140
-41.7% vs 2024
Profit before tax
-£9M
-2,002.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-04-30.
-
Material uncertainty over going concern
The directors have concluded that the company is no longer a going concern as the decision has been made to cease manufacturing operations. As a consequence, the financial statements have not been prepared on a going concern basis but instead on a break-up basis.
Name history
Renamed 2 times since incorporation
- LA-Z-BOY MANUFACTURING UK LIMITED 2022-04-13 → present
- FURNICO FURNITURE LIMITED 2016-10-26 → 2022-04-13
- GAVCO 188 LIMITED 1999-07-15 → 2016-10-26
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-04-26
| Metric | Trend | 2024-04-27 | 2025-04-26 |
|---|---|---|---|
| Turnover | £25,324,528 | £11,944,498 | |
| Operating profit | -£394,642 | -£8,938,801 | |
| Profit before tax | -£424,892 | -£8,932,107 | |
| Net profit | -£330,096 | -£9,003,759 | |
| Cash | £1,722,472 | £1,237,324 | |
| Total assets less current liabilities | £5,250,279 | £2,129,703 | |
| Net assets | £4,862,625 | -£231,134 | |
| Equity | £4,862,625 | -£231,134 | |
| Average employees | 240 | 140 | |
| Wages | £7,213,706 | £6,033,374 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-04-27 | 2025-04-26 |
|---|---|---|---|
| Operating margin | -1.6% | -74.8% | |
| Net margin | -1.3% | -75.4% | |
| Return on capital employed | -7.5% | -419.7% | |
| Current ratio | 3.05x | 1.80x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hargreaves, Brown & Benson
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have concluded that the company is no longer a going concern as the decision has been made to cease manufacturing operations. As a consequence, the financial statements have not been prepared on a going concern basis but instead on a break-up basis.”
Significant events
- “In December 2025, La-Z-Boy made a public announcement to close its UK manufacturing facility and that production would cease over the course of 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DRAPER, Mark Gareth | Director | 2023-08-31 | Mar 1977 | British |
| LEGGETT, Michael Adam | Director | 2022-06-21 | Jan 1973 | American |
| MCCURRY, Jennifer Lynn | Director | 2021-10-25 | Jul 1972 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RIDING, Paul Anthony | Secretary | 2001-02-09 | 2021-10-25 |
| EM SECRETARIAL LIMITED | Corporate Nominee Secretary | 1999-07-15 | 2001-02-09 |
| EDWARDS, Darrell Dewain | Director | 2021-10-25 | 2022-04-30 |
| ELLISON, David Mark | Director | 2016-12-22 | 2021-10-25 |
| RIDING, Paul Anthony | Director | 1999-09-23 | 2021-10-25 |
| SHACKLETON, Stuart | Director | 2016-12-22 | 2021-10-25 |
| WILSON, Bryan Keith | Director | 2021-10-25 | 2023-08-31 |
| WINTER, David | Director | 1999-09-23 | 2021-10-25 |
| E M FORMATIONS LIMITED | Corporate Nominee Director | 1999-07-15 | 1999-09-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gavco 188 Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-12-16 | Active |
| Mr Paul Anthony Riding | Individual | Shares 25–50%, Voting 25–50%, Appoints directors, Significant influence | 2016-07-01 | Ceased 2016-12-16 |
| Mr David Winter | Individual | Shares 25–50%, Voting 25–50%, Appoints directors, Significant influence | 2016-07-01 | Ceased 2016-12-16 |
Filing timeline
Last 20 of 109 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-04-13 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | AA | accounts | Accounts with accounts type full | |
| 2025-04-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-19 | AA | accounts | Accounts with accounts type full | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-11-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-08-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-27 | AA | accounts | Accounts with accounts type full | |
| 2022-07-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-22 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-13 | CERTNM | change-of-name | Certificate change of name company | |
| 2022-04-12 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-04-11 | AA | accounts | Accounts with accounts type full | |
| 2021-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-04-26 vs 2024-04-27
-
Turnover
-52.8%
£25,324,528 £11,944,498
-
Cash
-28.2%
£1,722,472 £1,237,324
-
Net assets
-104.8%
£4,862,625 -£231,134
-
Employees
-41.7%
240 140
-
Operating profit
-2,165%
-£394,642 -£8,938,801
-
Profit before tax
-2,002.2%
-£424,892 -£8,932,107
-
Wages
-16.4%
£7,213,706 £6,033,374
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