LOWE RENTAL LTD

1. LOWE RENTAL LTD 2016-05-26 → present
2. LOWE REFRIGERATION LIMITED 2006-07-11 → 2016-05-26
3. SARCON (NO.204) LIMITED 2006-03-23 → 2006-07-11

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

KPMG Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given that the Group have sufficient resources available to support the budget for the year to 31 December 2025 and operate within the financial covenants stipulated under the current senior facilities, the Directors have concluded that the financial statements should be prepared on a going concern basis.”

Group structure

1. LOWE RENTAL LTD · parent
   1. Lowe Refrigeration Solutions Limited · Northern Ireland

Significant events

• “business is well positioned and they are continuing to explore new growth opportunities.”
• “As at 31 December 2024, no breaches of the financial covenants have arisen”
• “Subsequent to the balance sheet date, no events have occurred affecting the Group or Company's financial statements.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -9.3%

  £20,337,544 → £18,445,126

• Cash

  +9.6%

  £2,898,729 → £3,176,200

• Net assets

  +33.3%

  £14,185,953 → £18,906,717

• Employees

  +10.5%

  76 → 84

• Operating profit

  -28.6%

  £6,843,127 → £4,887,816

• Profit before tax

  -23.1%

  £6,373,990 → £4,898,845

• Wages

  +4.8%

  £2,997,398 → £3,141,473

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