LSH PROPERTY UK LIMITED

1. LSH PROPERTY UK LIMITED 2020-04-29 → present
2. LSH AUTO PROPERTIES (UK) LIMITED 2016-04-06 → 2020-04-29

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 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing whether to adopt the going concern basis of accounting the Directors have prepared cash flow forecasts for a period until 31 July 2026. Whilst the company is forecast to be profitable the Directors note the Company has net current liabilities of £10,226,000 as at 31 December 2024 (2023: £9,346,000) and has generated a loss after tax of £1,212,000 (2023: £164,000). Given the current financial position of the Company, the Directors have sought and obtained confirmation from the ultimate parent undertaking, Lei Shing Hong Limited, that they will provide the necessary support to ensure the Company is able to meet its financial liabilities as they fall due until 31 of July 2026. In 2024, the Company was self-sufficient and did not rely on support from the ultimate parent. However, for the going concern period, the Company remains reliant on, and has secured, group support. The current going concern assessment by management supports the Company's ability to continue as a going concern through to 31 of July 2026.”

Significant events

• “Loss before tax ("LBT") was £9,000 (2023: profit before tax of £441,000), with the year-on-year variance mainly attributable to a one off write off of costs associated with an aborted project.”
• “The Company continues to assess opportunities to develop existing site under construction in Birmingham. Previous development scheme was put on hold, due to COVID-19 and changing dynamics of the automotive industry. In 2024, management considered alternative and more viable development options, and has commenced minor works to secure an alternative use in the coming year.”

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

Filings

3

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

  +13.9%

  £5,902,000 → £6,722,000

• Cash

  +44.2%

  £1,858,000 → £2,679,000

• Net assets

  -1.2%

  £101,440,000 → £100,228,000

• Employees

  0%

  2 → 2

• Operating profit

  -24%

  £2,559,000 → £1,944,000

• Profit before tax

  -102%

  £441,000 → -£9,000

• Wages

  +11.2%

  £107,000 → £119,000

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