L.P.W. TECHNOLOGY LIMITED

• ⚠

  Material uncertainty over going concern

  As a result of the closure of the additive manufacturing site in the year to 30 June 2024, the directors have prepared the Accounts on a basis other than going concern and thus, the directors adopted the non-going concern basis of accounting when preparing the financial statements.

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

Material uncertainty disclosed

“As a result of the closure of the additive manufacturing site in the year to 30 June 2024, the directors have prepared the Accounts on a basis other than going concern and thus, the directors adopted the non-going concern basis of accounting when preparing the financial statements.”

Group structure

1. L.P.W. TECHNOLOGY LIMITED · parent
   1. LPW Technology GmbH 100% · Germany · Dormant
   2. LPW South Europe Srl 49% · Italy · Distribution of metal powders

Significant events

• “In June 2024, the directors approved and announced the planned closure of this additive manufacturing site. Operating activities ceased as of 31 August 2024.”
• “Most employees were terminated by August 2024 with the remaining key employees terminated as of 22 December 2024.”

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

Filings

5

last 12 months

Capital events

2

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

  -64.5%

  £7,910,767 → £2,805,042

• Cash

  -92.3%

  £1,754,776 → £135,747

• Net assets

  -98.6%

  £5,811,832 → £79,524

• Employees

  -87.3%

  55 → 7

• Operating profit

  +56%

  -£12,950,107 → -£5,693,194

• Profit before tax

  +55.9%

  -£12,997,507 → -£5,732,308

• Wages

  -83%

  £3,016,084 → £514,096

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