LFF HOLDINGS LIMITED

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

• Turnover

  -42%

  £245,091,182 → £142,218,685

• Cash

  -38.9%

  £19,803,032 → £12,097,294

• Net assets

  -22.6%

  £32,324,329 → £25,024,916

• Employees

  +3%

  164 → 169

• Operating profit

  -60.6%

  £10,896,219 → £4,288,745

• Profit before tax

  -61.3%

  £10,663,111 → £4,130,895

• Wages

  -12.1%

  £15,252,755 → £13,406,270

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

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.

1. LFF HOLDINGS LIMITED 1996-07-22 → present
2. LONDON FITTINGS & FLANGES HOLDINGS LIMITED 1990-10-11 → 1996-07-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. LFF HOLDINGS LIMITED · parent
   1. Kazakhstan Integrated Services Limited 100% · England and Wales
   2. Kazakhstan Integrated Services LLP 100% · Kazakhstan
   3. LFF (Scotland) Ltd 100% · England and Wales
   4. LFF Australia Pty Limited 55% · Australia
   5. LFF Glamal Holdings Limited 95% · England and Wales
   6. LFF Glamal Limited 95% · England and Wales
   7. LFF Houston Inc 100% · USA
   8. LFF Middle East DWC LLP 100% · UAE
   9. LFF New Zealand Limited 49.5% · New Zealand
   10. LFF Perth Pty Limited 100% · Australia
   11. LFF Properties Limited 100% · England and Wales
   12. LFF Scotland Holdings Ltd 100% · England and Wales
   13. LFF Limited 95% · England and Wales
   14. Valvenco Limited 90% · England and Wales
   15. LFF Middle East QFZ LLC 100% · Qatar
   16. LFF Australia Holdings Pty I td 55% · Australia
   17. LFF Pipelines & Infrastructure Pty Ltd 49.5% · Australia
   18. LFF Glamal Europe B.V. 100% · Netherlands

Significant events

• “Ordinary dividends were paid amounting to £3,600,000. The directors do not recommend payment of a further dividend.”
• “Xenaidin Audit Limited were appointed as auditor to the group and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.”
• “The corporation tax rate increased from 19% to 25%, starting from 1 April 2023 for companies with profits over £250,000.”
• “As part of the acquisition of the remaining 45% of LFF Scotland Holdings Ltd in 2024, the company agreed to make additional earn-out payments, calculated as 22.5% of the post-tax profits for each of the years ending 31 December 2024, 2025, and 2026. At 31 December 2024, the company recognised a contingent liability of £1,188,134 in respect of the estimated fair value of the 2025 and 2026 earn-out payments. The amounts payable under these earn-out arrangements have been recognised at fair value at the reporting date, with the current and non-current portions disclosed separately in the balance sheet. The 2024 earn-out was fixed at £1,416,780 based on finalised results and is included in creditors as a deferred payment.”

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.