LRG ONLINE LIMITED

1. LRG ONLINE LIMITED 2020-02-28 → present
2. WHITE DIGITAL LIMITED 2014-09-02 → 2020-02-28
3. SEOPTIMISE LIMITED 2007-05-31 → 2014-09-02

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

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared detailed financial forecasts covering a period of more than 12 months from the date of approval of these financial statements. The forecasts take into account the company's trading outlook, cost base, and funding requirements. In April 2025, the company secured additional debt funding from existing shareholders to support its ongoing growth and investment plans. Taking this into account, along with confirmation of continued support from the ultimate controlling party, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. LRG ONLINE LIMITED · parent
   1. Cherry Core Limited 100% · Ireland

Significant events

• “During the year, the company acquired the database, domain name, and other intangible assets of a business based in Germany, as disclosed in note 10 to these financial statements. To re-engage these customers and enable GDPR-compliant marketing, one-off promotional incentives were offered. While expensed in the year, management considers these costs directly linked to the acquisition.”
• “On dates between 2 October 2024 and 6 June 2025, the company acquired the share capital of two European entities and certain intangible assets of a third. The total consideration for these acquisitions comprised upfront consideration of £1.8 million, contingent consideration capped at €1.4 million, and a deferred variable price which cannot be estimated.”
• “On the 15 November 2024, 2,303 ordinary J shares with a nominal value of £0.001 were issued at par.”
• “In April 2025, the company secured interest free debt funding of £2.4 million which is repayable on demand and attracts a 10% redemption premium on repayment.”
• “During the year, the company completed on an asset purchase of goodwill, trademarks, domains and a database from a third party. The asset purchase agreement includes a deferred variable payment of 5% of the revenues generated by the customers in the database for a period of 24 months. The consideration due cannot be reliably estimated and accordingly, no provision has been recorded in the financial statements.”

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

Filings

6

last 12 months

Capital events

3

last 24 months

Officers appointed

2

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

  +13.4%

  £10,181,828 → £11,546,992

• Cash

  -47.8%

  £4,876,604 → £2,545,446

• Net assets

  -154.2%

  £2,402,013 → -£1,303,084

  lowest in 3 filed years

• Employees

  +22.7%

  75 → 92

  highest in 3 filed years

• Profit before tax

  -1.1%

  -£5,256,001 → -£5,316,071

• Wages

  +29.9%

  £4,110,790 → £5,340,252

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