L.E.K. CONSULTING LLP

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members have, at the time of approving the financial statements, a reasonable expectation that the Partnership and the Group have adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of these financial statements. The members have reviewed the forecasts that cover the period beyond the going concern period to June 2030 and consider that the Partnership and the Group will continue to generate operating profit and positive cashflow. Sensitivity analysis has been performed on revenues and cash flows and even in the event of a significant downturn in trading, the Partnership and the Group will continue to be able to meet their liabilities as they fall due and its banking covenants. Additional cash flow measures are available to the Partnership including the delay or non-payment of member and senior staff bonuses. In addition to this assessment, on 8 June 2025, the Directors of the Group agreed a new $245 million funding facility ($105m term loan and $140m revolving credit facility (RCF)) replacing the existing $167m RCF, which was due to expire in June 2026. This will provide additional liquidity and financial flexibility, but under similar banking covenants. This new funding will provide the Partnership and Group financing through to June 2029. The members have, therefore, concluded that it is appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “During the previous financial period, the Partnership changed its accounting reference date to 31 March 2024. The current year reflects results for the 12 months to 31 March 2025. This change was made following the UK Government's basis year reforms that look to align the taxation of the Partnership to the UK tax year. As such the Partnership aligned its year end with the UK tax year.”
• “On 8 June 2025, the Directors of the Group agreed a new $245 million funding facility ($105m term loan and $140m revolving credit facility (RCF)) replacing the existing $167m RCF, which was due to expire in June 2026. This will provide additional liquidity and financial flexibility, but under similar banking covenants. This new funding will provide the Partnership and Group financing through to June 2029.”

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

  +2%

  £113,192,000 → £115,477,000

• Cash

  -21%

  £1,028,000 → £812,000

• Net assets

  +13.7%

  £37,639,000 → £42,807,000

• Employees

  -3.5%

  452 → 436

• Operating profit

  -0.2%

  £34,954,000 → £34,886,000

• Profit before tax

  +3.6%

  £32,488,000 → £33,655,000

• Wages

  +10.7%

  £35,679,000 → £39,485,000

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