LAMINATING TECHNOLOGY LIMITED
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Cash
£471K
-49.7% lowest in 5 filed years
Net assets
£7.6M
-8.2% lowest in 5 filed years
Employees
73
-2.7% vs 2024
Profit before tax
-£392K
+47.8% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £6,732,870 | £6,717,281 | -0.2% | |
| Operating profit | — | — | — | -£456,033 | -£277,477 | +39.2% | |
| Profit before tax | — | — | £129,193 | -£752,115 | -£392,407 | +47.8% | |
| Net profit | £726,011 | £712,443 | -£62,351 | -£481,880 | -£310,407 | +35.6% | |
| Cash | £2,333,294 | £2,690,298 | £2,288,455 | £935,489 | £470,715 | -49.7% | |
| Total assets less current liabilities | — | — | £9,411,897 | £8,500,922 | £7,746,817 | -8.9% | |
| Net assets | £9,429,805 | £10,142,248 | £8,879,897 | £8,227,922 | £7,555,817 | -8.2% | |
| Equity | — | — | £8,879,897 | £8,227,922 | £7,555,817 | -8.2% | |
| Average employees | 77 | 81 | 73 | 75 | 73 | -2.7% | |
| Wages | £1,885,053 | £2,243,135 | £1,997,038 | £2,087,130 | £2,071,768 | -0.7% | |
| Directors' remuneration | — | — | £437,856 | £304,704 | £219,908 | -27.8% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -6.8% | -4.1% | |
| Net margin | — | — | — | -7.2% | -4.6% | |
| Return on capital employed | — | — | — | -5.4% | -3.6% | |
| Current ratio | — | — | — | 4.37x | 3.68x |
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
- Edwards
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the appropriateness of the going concern assumption, the Directors have reviewed detailed cash flow forecasts, considering all reasonably foreseeable potential scenarios and material uncertainties in relation to income and costs. Based on these cash flow forecasts the company can meet its liabilities as they fall due and the Directors have therefore concluded that there is no material uncertainty, and it is appropriate for the financial statements to be prepared on the going concern basis.”
Group structure
- LAMINATING TECHNOLOGY LIMITED · parent
- Ideal Distribution Limited 100%
- Ideal Supplies Limited 100%
Significant events
- “Subsequent to the year end, Ideal Distribution Limited, a subsidiary, ceased trading within its own right and transferred all of its trade and assets to the company, at their net book value.”
- “In addition, tangible fixed assets in relation to land and buildings, owned by the company, with a net book value of £4,311,376 have been transferred from Laminating Technology Limited to its parent company Teal Family Holdings Limited at their carrying value.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAMBLE, Mikaela | Secretary | 2006-11-27 | — | British |
| BRETT, Steven Mark | Director | 2015-04-01 | Jul 1972 | British |
| GAMBLE, Mikaela | Director | 2015-04-01 | Oct 1965 | British |
| TEAL, Elizabeth | Director | — | Nov 1946 | British |
| TEAL, Nicholas Alexander | Director | 2015-04-01 | Jan 1969 | British |
| TEAL, Russell Scott | Director | 2015-04-01 | Aug 1971 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TEAL, Elizabeth | Secretary | — | 2006-11-27 |
| FOULKES, Paul | Director | — | 2020-12-06 |
| HOLLINGWORTH, William James | Director | — | 1992-01-07 |
| TEAL, Raymond, The Estate Of | Director | — | 2022-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Teal Family Holdings Limited | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm) | 2023-10-06 | Active |
| Mr Nicholas Alexander Teal | Individual | Shares 25–50%, Voting 25–50% | 2023-07-17 | Ceased 2023-10-06 |
| Mr Russell Scott Teal | Individual | Shares 25–50%, Voting 25–50% | 2023-07-17 | Ceased 2023-10-06 |
| Mrs Elizabeth Teal | Individual | Shares 25–50%, Voting 25–50% | 2023-07-17 | Ceased 2023-07-17 |
| The Estate Of Raymond Teal | Individual | Shares 75–100%, Voting 75–100% | 2016-06-30 | Ceased 2023-07-17 |
Filing timeline
Last 20 of 137 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-23 RESOLUTIONS Resolution
- 2023-08-14 RESOLUTIONS Resolution
- 2023-08-11 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-22 | CH01 | officers | Change person director company with change date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-18 | AA | accounts | Accounts with accounts type full | |
| 2024-01-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-12 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-12 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-11 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-11-09 | AA | accounts | Accounts with accounts type group | |
| 2023-10-23 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-14 | RESOLUTIONS | resolution | Resolution | |
| 2023-08-11 | MA | incorporation | Memorandum articles | |
| 2023-08-11 | SH08 | capital | Capital name of class of shares | |
| 2023-03-03 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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.