LECHLER COATINGS LIMITED
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Cash
£595K
+21.8% vs 2024
Net assets
£3.6M
-9.3% lowest in 5 filed years
Employees
22
-12% lowest in 5 filed years
Profit before tax
£456K
+0.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £10,697,908 | £11,670,025 | £11,482,818 | £10,996,497 | £10,847,623 | -1.4% | |
| Operating profit | £96,725 | £473,434 | £386,215 | £453,653 | £455,625 | +0.4% | |
| Profit before tax | £95,128 | £471,909 | £386,215 | £454,958 | £455,625 | +0.1% | |
| Net profit | £104,128 | £350,909 | £276,142 | £334,821 | £334,728 | 0% | |
| Cash | £699,807 | £619,192 | £464,125 | £488,450 | £594,801 | +21.8% | |
| Total assets less current liabilities | £3,727,881 | £4,154,790 | £4,111,783 | £4,124,753 | £3,731,892 | -9.5% | |
| Net assets | £3,587,881 | £3,938,790 | £3,864,023 | £3,922,702 | £3,557,430 | -9.3% | |
| Equity | £3,587,881 | £3,938,790 | £3,864,023 | £3,922,702 | £3,557,430 | -9.3% | |
| Average employees | 25 | 25 | 27 | 25 | 22 | -12% | |
| Wages | £1,070,192 | £1,108,246 | £1,232,117 | £1,207,260 | £1,107,489 | -8.3% | |
| Directors' remuneration | — | — | — | — | — | — |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 0.9% | 4.1% | 3.4% | 4.1% | 4.2% | |
| Net margin | 1.0% | 3.0% | 2.4% | 3.0% | 3.1% | |
| Return on capital employed | 2.6% | 11.4% | 9.4% | 11.0% | 12.2% | |
| Current ratio | — | — | 2.98x | 3.54x | 2.83x | |
| Interest cover | 60.57x | — | — | — | — |
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 1 time since incorporation
- LECHLER COATINGS LIMITED 1996-07-01 → present
- LECHLER (U.K.) LIMITED 1995-11-13 → 1996-07-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- WR Partners
- 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. 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 Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Raw materials are now more steadily available, and costs have decreased. An average price increase of 2.3% will be implemented from 1 March 2026 on all Refinish products. The market, especially the Refinish one, has slowed down, especially in the last quarter of 2025, impacting our sales.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARETTI, Massimiliano | Secretary | 2013-09-12 | — | British |
| BARETTI, Massimiliano | Director | 2013-09-12 | Apr 1969 | Italian |
| MANOUKIAN, Aram | Director | 2007-04-02 | Mar 1958 | Italian |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAROLDI, Roberto | Secretary | 1995-11-13 | 1999-06-30 |
| RILEY, David Nicholas Arthur | Secretary | 1999-06-30 | 2002-01-01 |
| SPREAFICO, Alfredo | Secretary | 2002-01-01 | 2013-09-12 |
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-11-13 | 1995-11-13 |
| BAROLDI, Roberto | Director | 1995-11-13 | 1999-06-30 |
| MANOUKIAN, Vasken | Director | 1997-10-07 | 2013-09-12 |
| RILEY, David Nicholas Arthur | Director | 2002-05-01 | 2003-12-31 |
| RILEY, David Nicholas Arthur | Director | 1995-11-13 | 2002-01-01 |
| SPREAFICO, Alfredo | Director | 1995-11-27 | 2013-09-12 |
| WILBY, Dennis | Director | 2002-01-01 | 2006-10-31 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 1995-11-13 | 1995-11-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Aram Manoukian | Individual | Shares 25–50% | 2024-11-28 | Active |
| Lechler Spa | Corporate entity | Shares 75–100% | 2023-11-13 | Ceased 2024-11-27 |
| Mr Aram Manoukian | Individual | Shares 25–50%, Appoints directors | 2018-11-13 | Ceased 2023-11-26 |
| Mr Aram Manoukian | Individual | Appoints directors | 2016-04-06 | Ceased 2018-11-13 |
| Mr Massimilliano Baretti | Individual | Appoints directors | 2016-04-06 | Ceased 2018-11-13 |
Filing timeline
Last 20 of 110 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-15 | AA | accounts | Accounts with accounts type full | |
| 2025-11-13 | CH01 | officers | Change person director company with change date | |
| 2025-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | AA | accounts | Accounts with accounts type full | |
| 2024-12-03 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-18 | AA | accounts | Accounts with accounts type full | |
| 2023-11-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-11-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-05 | AA | accounts | Accounts with accounts type full | |
| 2022-11-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-01 | AA | accounts | Accounts with accounts type small | |
| 2021-11-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-26 | AA | accounts | Accounts with accounts type small | |
| 2020-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-01 | AA | accounts | Accounts with accounts type small | |
| 2019-11-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-18 | AA | accounts | Accounts with accounts type small |
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.