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Cash

£60k

-85.1% lowest in 3 filed years

Net assets

£542k

-79.6% vs 2024

Employees

Average over period

Profit before tax

£56k

+102.4% first positive since 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £13,919,000£4,763,000
Operating profit -£448,000-£2,763,000-£25,000 +99.1%
Profit before tax £458,000-£2,337,000£56,000 +102.4%
Net profit £593,000-£1,726,000£90,000 +105.2%
Cash £829,000£403,000£60,000 -85.1%
Total assets less current liabilities £2,885,000£542,000 -81.2%
Net assets £2,652,000£542,000 -79.6%
Equity £2,652,000£542,000 -79.6%
Average employees 43
Wages £4,280,000£3,114,000
Directors' remuneration £134,000£144,000

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 2023-12-312024-12-312025-12-31
Operating margin -3.2%-58.0%
Net margin 4.3%-36.2%
Return on capital employed -95.8%-4.6%
Gearing (liabilities / total assets) 10.0%2.7%
Current ratio 47.53x37.13x

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.

Name history

Renamed 2 times since incorporation

  1. LUNDY PROJECTS LIMITED 1989-11-15 → present
  2. UNIT ONE DESIGN LIMITED 1977-12-31 → 1989-11-15
  3. IDAWAY LIMITED 1976-03-17 → 1977-12-31

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars LLP
Audit opinion
Unqualified (clean)
Going concern
Not a going concern (break-up basis)

“At this time there are no confirmed plans for the company to recommence trading in this legal entity. Therefore, the directors have prepared the financial statements on a basis other than going concern. This has no effect on the presentation of the financial statements.”

Significant events

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

People

3 active · 15 resigned

Name Role Appointed Born Nationality
QUINNELL, James Joseph Secretary 2018-09-03
ANDERSON, Iain Paul Director 2018-08-01 Dec 1966 British
BERTRAND, Jean-Pierre Raymond Jacques Director 2018-08-01 Jun 1962 French
Show 15 resigned officers
Name Role Appointed Resigned
BENNETT, Anthony Eric Secretary 1994-07-15
BROWN, Andrew Secretary 2016-04-06 2018-09-03
LUNDY, Anthony Secretary 1994-07-15 2016-04-06
TREANOR, Philip Domonic Secretary 2003-08-28 2003-08-29
BENNETT, Anthony Eric Director 2001-10-31
DAEPP, Hans Director 2017-10-09 2018-08-01
FENTON, Michael Director 1994-07-15 1998-09-21
LIMACHER, Peter Director 2017-10-09 2018-08-01
LUNDY, Anthony Director 1994-07-15 2017-10-09
LUNDY, John Director 1994-07-15 2015-09-30
LUNDY, Michael Anthony Director 2019-03-08
LUNDY, Paul Director 2017-10-09 2020-04-06
ORIOL, Grégory Thierry Director 2020-02-01 2026-01-01
PATEL, Kishor Kumar Director 2018-08-01 2023-10-20
RAPP, Thomas Director 2017-10-09 2018-08-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Colas Rail Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-08-01 Active
Alpiq Holding Ag Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-10-09 Ceased 2018-08-01
Eleanor Lundy Individual Shares 25–50%, Voting 25–50% 2017-10-09 Ceased 2017-10-09
Eleanor Lundy Individual Shares 25–50%, Voting 25–50% 2017-10-09 Ceased 2017-10-09
Mr Michael Anthony Lundy Individual Shares 25–50%, Voting 25–50% 2016-04-06 Ceased 2017-10-09
Mr Anthony Lundy Individual Significant influence 2016-04-06 Ceased 2017-10-09

Filing timeline

Last 20 of 182 total filings

Date Type Category Description
2026-08-10 AA accounts Accounts with accounts type full
2026-04-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-05 TM01 officers Termination director company with name termination date PDF
2025-11-14 AA accounts Accounts with accounts type full
2025-05-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-05-02 CH01 officers Change person director company with change date PDF
2025-05-02 CH01 officers Change person director company with change date PDF
2024-09-03 AA accounts Accounts with accounts type full
2024-04-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-05 AA accounts Accounts with accounts type full
2023-10-23 TM01 officers Termination director company with name termination date PDF
2023-04-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-21 CH01 officers Change person director company with change date PDF
2023-03-28 AA accounts Accounts with accounts type full
2022-04-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-03 AA accounts Accounts with accounts type full
2021-04-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-03-12 AA accounts Accounts with accounts type full
2021-02-22 PSC05 persons-with-significant-control Change to a person with significant control PDF
2020-04-17 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Official Companies House page