LIDS HOLDINGS UK LIMITED
Get an alert when LIDS HOLDINGS UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-28
Confirmation statement due
2027-01-25 (in 8mo)
Last made up 2026-01-11
Watchouts
Cash
£1M
+63.5% vs 2023
Net assets
-£23M
-155.6% vs 2023
Employees
198
+12.5% vs 2023
Profit before tax
-£14M
-116.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Audit opinion: Qualified
Latest auditor's report carried a non-clean opinion.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-28
| Metric | Trend | 2023-12-30 | 2024-12-28 |
|---|---|---|---|
| Turnover | £11,872,782 | £14,465,548 | |
| Operating profit | -£6,093,831 | -£13,647,991 | |
| Profit before tax | -£6,502,026 | -£14,093,329 | |
| Net profit | -£6,502,026 | -£14,093,329 | |
| Cash | £898,122 | £1,468,343 | |
| Total assets less current liabilities | £720,834 | -£20,054,505 | |
| Net assets | -£9,058,040 | -£23,151,369 | |
| Equity | -£9,058,040 | -£23,151,369 | |
| Average employees | 176 | 198 | |
| Wages | £3,581,281 | £4,890,931 |
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 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|
| Operating margin | -51.3% | -94.3% | |
| Net margin | -54.8% | -97.4% | |
| Return on capital employed | -845.4% | 68.1% | |
| Current ratio | 0.69x | 0.25x | |
| Interest cover | -14.93x | -30.65x |
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
- Buzzacott Audit LLP
- Audit opinion
- Qualified
- Going concern
- Affirmed
“The directors have assessed projected cash flows for the company and the continuation and availability of financial support provided by the parent company, Lids Holdings, Inc, who have confirmed they will continue to provide support to enable Lids Holdings UK Limited to meet all its obligations as they fall due for a period of not less than 12 months from the date of signing these financial statements.”
Significant events
- “During the year, the company evaluated its existing bricks and mortar locations and made the decision to start a closure program of its Lids branded stores where it was identified that they were not considered to be on a path to profitability. The company ended the year with 18 stores in operation (2023: 33 stores). A further 15 store closures have been made during 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BERGER, Lawrence | Secretary | 2021-01-12 | — | — |
| CORTHIER, Nicholas, Treasurer | Director | 2021-12-29 | Jan 1984 | American |
| DURDA, Robert James | Director | 2023-06-02 | Feb 1968 | American |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MAUGHAN, Britten, President | Director | 2022-07-01 | 2023-06-02 |
| RIPLEY, Thomas | Director | 2021-01-12 | 2026-03-24 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 21 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-07 | AA | accounts | Accounts with accounts type full | |
| 2025-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-28 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | AA | accounts | Accounts with accounts type small | |
| 2024-03-18 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-07 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-19 | AA | accounts | Accounts with accounts type small | |
| 2023-03-25 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-03-14 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-13 | CH01 | officers | Change person director company with change date | |
| 2022-01-12 | CH01 | officers | Change person director company with change date | |
| 2021-12-30 | AP01 | officers | Appoint person director company with name date | |
| 2021-07-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
FY2023 → FY2024 · period ending 2024-12-28 vs 2023-12-30
-
Turnover
+21.8%
£11,872,782 £14,465,548
-
Cash
+63.5%
£898,122 £1,468,343
-
Net assets
-155.6%
-£9,058,040 -£23,151,369
-
Employees
+12.5%
176 198
-
Operating profit
-124%
-£6,093,831 -£13,647,991
-
Profit before tax
-116.8%
-£6,502,026 -£14,093,329
-
Wages
+36.6%
£3,581,281 £4,890,931
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