LSN DIFFUSION LIMITED

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

Consolidated group

Auditor

MHA

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 group and the parent 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.”

Group structure

1. LSN DIFFUSION LIMITED · parent
   1. LSN Engineering GmbH 85% · Germany · Distribution of powder alloys
   2. Surface Flow Technologies Inc 50% · Michigan, USA · Manufacture of products serving the Brazing Industry

Significant events

• “2024 has been a challenging year due to the ongoing turmoil caused by the Ukraine war and heightened economic uncertainty worldwide. This has led to a general decline in the demand for metals, evident in the continued decrease in metal prices. The decline in metal prices has affected the group's sales value, as the cost of metal is reflected in the group's selling price.”
• “The stock loss due to the revaluation of the base stock amounted to £1.1 million in the year.”

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

  -13.6%

  £33,240,000 → £28,707,000

• Cash

  -69.5%

  £1,097,000 → £335,000

• Net assets

  -7.8%

  £5,290,000 → £4,875,000

• Employees

  -7.3%

  110 → 102

• Operating profit

  -114.6%

  £884,000 → -£129,000

• Profit before tax

  -1,316%

  £81,000 → -£985,000

• Wages

  +0.2%

  £3,956,000 → £3,964,000

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