LEEDS WELDING COMPANY LIMITED(THE)
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Cash
£110k
-67% vs 2024
Net assets
£2.1m
+1.8% highest in 6 filed years
Employees
122
0% vs 2024
Profit before tax
£577k
-3.3% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £9,924,723 | £15,169,173 | £16,755,108 | £15,685,486 | £15,015,940 | £14,805,136 | -1.4% | |
| Operating profit | £584,126 | £1,088,833 | £830,102 | £691,695 | £642,701 | £623,859 | -2.9% | |
| Profit before tax | £557,098 | £1,069,440 | £792,383 | £640,937 | £596,020 | £576,645 | -3.3% | |
| Net profit | £505,785 | £881,598 | £669,353 | £560,371 | £529,982 | £486,920 | -8.1% | |
| Cash | £464,346 | £48,024 | £236,266 | £372,156 | £332,930 | £109,937 | -67% | |
| Total assets less current liabilities | £2,470,718 | £2,959,301 | £2,962,198 | £2,894,113 | £2,669,729 | £2,581,983 | -3.3% | |
| Net assets | £1,485,131 | £1,799,441 | £1,964,258 | £2,114,130 | £2,107,808 | £2,145,222 | +1.8% | |
| Equity | £1,485,131 | £1,799,441 | £1,964,258 | £2,114,130 | £2,107,808 | £2,145,222 | +1.8% | |
| Average employees | 116 | 129 | 123 | 118 | 122 | 122 | 0% | |
| Wages | £3,102,385 | £3,640,046 | £3,935,235 | £3,979,362 | £4,102,194 | £4,504,611 | +9.8% | |
| Directors' remuneration | £247,955 | £262,000 | £271,904 | £279,090 | £284,235 | £310,857 | +9.4% | |
| Directors' pension contributions | £NaN | £NaN | £NaN | £121,556 | £91,850 | £97,997 | +6.7% | |
| Highest paid director | £NaN | £NaN | £NaN | £66,879 | £66,879 | £73,250 | +9.5% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 5.9% | 7.2% | 5.0% | 4.4% | 4.3% | 4.2% | |
| Net margin | 5.1% | 5.8% | 4.0% | 3.6% | 3.5% | 3.3% | |
| Return on capital employed | 23.6% | 36.8% | 28.0% | 23.9% | 24.1% | 24.2% | |
| Gearing (liabilities / total assets) | 73.3% | 74.3% | 73.4% | 72.7% | 68.6% | 70.1% | |
| Current ratio | — | — | — | 1.17x | 1.23x | 1.21x | |
| Interest cover | 21.42x | 56.15x | 22.01x | 13.07x | 12.61x | 13.21x |
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
- Brown Butler
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARCHER, Timothy Paul | Secretary | 1996-01-12 | — | British |
| ALMOND, Geoff Scott | Director | 2012-10-10 | Oct 1968 | Canadian,British |
| ARCHER, Timothy Paul | Director | 1992-12-10 | Aug 1961 | British |
| EAGLEN, Richard Graham | Director | 2006-11-16 | Jan 1975 | British |
| NOYLAND, Lee Richard | Director | 2014-12-01 | Feb 1976 | British |
| VERITY, Ian | Director | 2017-01-03 | Oct 1975 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARCHER, Colin | Secretary | — | 1996-01-12 |
| ADDISON, Stephen Thomas | Director | 1996-01-19 | 2013-12-31 |
| ARCHER, Colin | Director | — | 2009-08-31 |
| ARCHER, Michael | Director | — | 1992-12-10 |
| ARCHER, Norma | Director | — | 2001-07-31 |
| ARCHER, Ruby | Director | — | 1992-12-10 |
| SHARPE, Peter | Director | 2002-01-21 | 2015-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Timothy Paul Archer | Individual | Shares 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 173 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-06 RESOLUTIONS Resolution
- 2026-04-15 MA Memorandum articles
- 2026-04-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-09 | AA | accounts | Accounts with accounts type full | |
| 2026-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-08 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-06 | SH08 | capital | Capital name of class of shares | |
| 2026-04-15 | MA | incorporation | Memorandum articles | |
| 2026-04-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-19 | AA | accounts | Accounts with accounts type full | |
| 2023-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-12-09 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2022-12-09 | CH01 | officers | Change person director company with change date | |
| 2022-07-11 | AA | accounts | Accounts with accounts type full | |
| 2022-06-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-02 | AUD | auditors | Auditors resignation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
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.