LORNE STEWART PLC
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Cash
£16M
+21.9% highest in 3 filed years
Net assets
£15M
-0.7% lowest in 3 filed years
Employees
564
+0.2% vs 2024
Profit before tax
£1.6M
+194.4% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £118,745,000 | £101,566,000 | £106,702,000 | +5.1% | |
| Operating profit | -£2,642,000 | -£1,937,000 | £1,151,000 | +159.4% | |
| Profit before tax | -£2,398,000 | -£1,643,000 | £1,551,000 | +194.4% | |
| Net profit | -£1,858,000 | -£1,240,000 | £1,152,000 | +192.9% | |
| Cash | £10,034,000 | £13,302,000 | £16,217,000 | +21.9% | |
| Total assets less current liabilities | £21,883,000 | £17,878,000 | £15,447,000 | -13.6% | |
| Net assets | £15,681,000 | £15,076,000 | £14,976,000 | -0.7% | |
| Equity | £15,681,000 | £15,076,000 | £14,976,000 | -0.7% | |
| Average employees | 565 | 563 | 564 | +0.2% | |
| Wages | £26,546,000 | £25,358,000 | £27,695,000 | +9.2% | |
| Directors' remuneration | £971,000 | £943,000 | £1,181,000 | +25.2% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -2.2% | -1.9% | 1.1% | |
| Net margin | -1.6% | -1.2% | 1.1% | |
| Return on capital employed | -12.1% | -10.8% | 7.5% | |
| Gearing (liabilities / total assets) | 74.1% | 71.8% | 72.1% | |
| Current ratio | 1.48x | 1.41x | 1.32x | |
| Interest cover | -9.08x | -6.89x | 7.88x |
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 3 times since incorporation
- LORNE STEWART PLC 1989-02-09 → present
- HAT LORNE STEWART PLC 1988-05-19 → 1989-02-09
- LORNE STEWART GROUP PUBLIC LIMITED COMPANY 1978-12-31 → 1988-05-19
- FLACKGLOW LIMITED 1978-01-16 → 1978-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- The Corporate Practice Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Auditors: 'Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.'”
Significant events
- “The Company has delivered a significant turnaround in performance during the financial year, moving from a loss-making position in the prior periods to a more stable and profitable footing.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RAJAKUMAR, Inbaraj | Secretary | 2011-03-31 | — | — |
| ABUZAYYAD, Tarek Fuad | Director | 2006-04-27 | Sep 1969 | British |
| KRISHNA MURTHY, Ramesh | Director | 2018-07-26 | Jan 1962 | Indian |
| MATHEW, Puliyelethu Mathai | Director | 2000-11-28 | Dec 1952 | Indian |
| SUTCLIFFE, Mark Richard | Director | 2024-07-16 | Apr 1972 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BASS, Paul William | Secretary | 2000-06-28 | 2011-03-31 |
| MALLICK, Saghaer Ahmad | Secretary | — | 1998-03-18 |
| SULLIVAN, Geoffrey William | Secretary | — | 1992-05-29 |
| WATERHOUSE, Steven Alexander | Secretary | 1998-03-19 | 2000-06-20 |
| GRAYSTON CENTRAL SERVICES LIMITED | Corporate Secretary | 1993-10-05 | 1994-06-01 |
| GRAYSTON CENTRAL SERVICES LIMITED | Corporate Secretary | — | 1993-09-14 |
| BAKER, Colin James | Director | 1998-04-23 | 2002-06-30 |
| BARNES, Kenneth | Director | 1993-09-17 | 1995-07-19 |
| BLACK, Peter Vernon | Director | 2010-11-01 | 2012-08-17 |
| BOULTON, William | Director | 1993-09-17 | 1997-06-30 |
| BOULTON, William | Director | 1992-05-22 | 1993-06-30 |
| BRIARS, Paul | Director | 2020-10-21 | 2025-08-29 |
| CARR, Antony Rae Lambton | Director | — | 1992-06-12 |
| CHESTER, John Lawrence | Director | — | 1992-11-09 |
| DALY, Dennis James | Director | — | 1992-07-31 |
| DOUGLAS, Leonard Stephen | Director | — | 1994-06-01 |
| EDWARDS, Gary John | Director | 2009-03-23 | 2009-06-30 |
| GIBSON, James Henry Napier | Director | 1993-09-14 | 2006-04-26 |
| HATFIELD, Robert Bryan | Director | — | 1992-07-16 |
| HEITMANN, Gary | Director | 2017-06-01 | 2022-03-31 |
| HUGHES, Paul James | Director | 2012-12-05 | 2025-12-31 |
| KELLY, Ian James | Director | — | 1993-01-29 |
| KNIGHT, Matthew | Director | 2017-10-19 | 2018-03-28 |
| KURIAN, Jacob | Director | 2009-02-27 | 2024-09-19 |
| LAIDLAW, Phillip Stanley | Director | 2013-12-20 | 2015-11-12 |
| LEWIS, Peter Gerrard | Director | 2016-01-09 | 2016-11-30 |
| MALLICK, Saghaer Ahmad | Director | — | 1998-03-31 |
| MCCLOSKEY, Michael Vincent | Director | — | 2003-05-31 |
| MILLS, William John | Director | — | 1993-06-01 |
| MOLNAR, Edward Louis | Director | 1997-09-08 | 2006-12-01 |
| NOBLE, Martin Ian | Director | 2001-09-21 | 2002-10-04 |
| POPE, Rodney | Director | — | 2002-07-16 |
| READ, Richard John | Director | — | 2002-07-31 |
| ROGERS, Paul Alan | Director | 2012-12-05 | 2013-07-31 |
| ROOPCHAND, Simon Seegobin | Director | 2018-07-26 | 2020-10-12 |
| SHEEHY, John Patrick | Director | — | 1993-06-01 |
| SHORT, Henry Victor | Director | — | 1992-04-30 |
| SUTLIFF, Kenneth Harry | Director | — | 1992-01-31 |
| THWAITES, Graham Michael | Director | 2015-07-09 | 2016-07-22 |
| TURNER, Malcolm | Director | — | 1992-09-30 |
| WATERHOUSE, Steven Alexander | Director | 1997-09-08 | 2000-06-20 |
| WEBB, David | Director | 2018-08-01 | 2020-05-12 |
| WORRALL, Gary Robert | Director | 2009-02-27 | 2020-05-17 |
| GRAYSTON CENTRAL SERVICES LIMITED | Corporate Director | — | 1993-09-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lsrm Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-10-23 | Active |
| Mr Shakeeb Alireza | Individual | Significant influence | 2016-11-08 | Ceased 2017-10-23 |
| Mrs Basma Alireza | Individual | Significant influence | 2016-11-08 | Ceased 2017-10-23 |
| Mr Teymour Abdulla Alireza | Individual | Significant influence | 2016-04-06 | Ceased 2016-11-08 |
Filing timeline
Last 20 of 268 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2026-05-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-06 | CH01 | officers | Change person director company with change date | |
| 2026-01-05 | CH01 | officers | Change person director company with change date | |
| 2026-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-30 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-19 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-19 | AA | accounts | Accounts with accounts type full | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-24 | AA | accounts | Accounts with accounts type full | |
| 2022-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-14 | AA | accounts | Accounts with accounts type full | |
| 2022-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-02 | AA | accounts | Accounts with accounts type full | |
| 2021-06-23 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 2
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.