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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-10 (in 6mo)

Last made up 2025-10-27

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£2M

-4% vs 2023

Employees

14

0% vs 2023

Profit before tax

-£17K

+93.4% vs 2023

Name history

Renamed 1 time since incorporation

  1. DESIGN LED PRODUCTS LIMITED 2004-01-07 → present
  2. EXCHANGELAW (NO.341) LIMITED 2003-10-27 → 2004-01-07

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £2,095,098£2,357,354
Operating profit -£31,095£271,935
Profit before tax -£260,898-£17,288
Net profit -£135,354-£93,613
Cash
Total assets less current liabilities -£2,319,113-£2,352,532
Net assets -£2,340,721-£2,434,334
Equity -£2,340,721-£2,434,334
Average employees 1414
Wages £855,031£1,650,534

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 2023-12-312024-12-31
Operating margin -1.5%11.5%
Net margin -6.5%-4.0%
Return on capital employed 1.3%-11.6%
Current ratio 0.24x0.23x
Interest cover -0.13x0.86x

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 101
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which assumes that the Company will continue in operational existence for the foreseeable future and meet its liabilities as they fall due. The Company meets its day to day working capital requirements through cash reserves and, where required, through a Group Bank overdraft facility and borrowings from its parent undertaking. The directors have confirmed that adequate financial support will be available from the Company's parent undertakings for a period of at least 12 months from the date of approval of these financial statements, should it be required, and that sufficient cash reserves are available for use by the Company. Accordingly, the directors believe that it is appropriate to prepare these financial statements on a going concern basis.”

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

People

4 active · 20 resigned

Name Role Appointed Born Nationality
OCORIAN ADMINISTRATION (UK) LIMITED Corporate Secretary 2022-09-02
DA SILVA, Edouard Director 2021-06-04 Oct 1981 French
GOURLAY, James, Dr Director 2003-12-29 Jun 1968 British
LI, Cynthia Director 2025-03-14 Aug 1985 Chinese
Show 20 resigned officers
Name Role Appointed Resigned
GOURLAY, Paula Nerina Secretary 2003-12-29 2005-03-15
MACDONALD, Morinne Nominee Secretary 2003-10-27 2003-12-29
DENTONS SECRETARIES LIMITED Corporate Secretary 2017-11-23 2021-06-04
MACDONALD HENDERSON LIMITED Corporate Secretary 2005-03-15 2010-10-21
MACLAY MURRAY & SPENS LLP Corporate Secretary 2010-10-21 2017-11-23
AKHAVAN, Tara Director 2024-03-14 2025-03-13
ALSOP, Matthew Robert Director 2019-03-28 2025-05-30
BAIN, Stuart James Tennant Director 2009-11-13 2025-07-01
CUNNINGHAM, Edward Brandwood Director 2005-07-01 2019-03-28
CURLE, Elspeth Nominee Director 2003-10-27 2003-12-29
ELLIOTT, George Reginald Director 2019-03-28 2021-06-04
IWAI, Takahisa Director 2021-12-13 2024-01-08
KAKISH, Talal Director 2021-06-04 2021-12-13
MACDONALD, Morinne Nominee Director 2003-10-27 2003-12-29
MORAN, Freddie John Director 2009-10-01 2018-03-31
NORBERG, Jan Gunnar Director 2014-06-18 2018-01-24
PEACH, Sarah Elizabeth Director 2011-01-26 2011-06-20
PICRON, Vanessa Director 2021-06-04 2024-03-14
RUPP, Arnulf Horst Director 2011-06-22 2014-06-18
SINCLAIR, Harvey Ian Director 2015-09-15 2019-03-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Hennape Six Sas Corporate entity Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm 2021-09-13 Active
Faurecia Se Corporate entity Shares 75–100%, Voting 75–100% 2021-06-04 Ceased 2021-09-13
Scottish Enterprise Legal person Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2021-06-04

Filing timeline

Last 20 of 160 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2022-06-15 MA Memorandum articles
Date Type Category Description
2025-11-12 CS01 confirmation-statement Confirmation statement with updates PDF
2025-11-11 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-11-11 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-28 AA accounts Accounts with accounts type full
2025-07-11 TM01 officers Termination director company with name termination date PDF
2025-07-11 TM01 officers Termination director company with name termination date PDF
2025-03-20 AP01 officers Appoint person director company with name date PDF
2025-03-20 TM01 officers Termination director company with name termination date PDF
2024-11-27 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date
2024-11-08 CS01 confirmation-statement Confirmation statement with no updates
2024-06-12 AA accounts Accounts with accounts type full
2024-03-22 TM01 officers Termination director company with name termination date PDF
2024-03-22 AP01 officers Appoint person director company with name date PDF
2024-02-22 TM01 officers Termination director company with name termination date PDF
2023-10-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-04 AA accounts Accounts with accounts type full
2023-02-07 CH04 officers Change corporate secretary company with change date PDF
2022-11-10 CS01 confirmation-statement Confirmation statement PDF
2022-10-06 AP04 officers Appoint corporate secretary company with name date PDF
2022-06-15 MA incorporation Memorandum articles

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
2

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 2024-12-31 vs 2023-12-31

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

Official Companies House page