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Cash

£1.3m

+31.1% highest in 3 filed years

Net assets

£12m

+5.6% highest in 3 filed years

Employees

35

+6.1% highest in 3 filed years

Profit before tax

£895k

-74.1% vs 2024

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 £20,101,268£13,287,359 -33.9%
Operating profit £1,827,944£884,424 -51.6%
Profit before tax £3,449,851£895,132 -74.1%
Net profit £2,995,054£653,850 -78.2%
Cash £6,030£967,859£1,269,246 +31.1%
Total assets less current liabilities £10,844,048£11,852,426£12,487,528 +5.4%
Net assets £10,697,999£11,729,782£12,383,632 +5.6%
Equity £11,729,782£12,383,632 +5.6%
Average employees 233335 +6.1%
Wages £1,289,349£1,390,293 +7.8%
Directors' remuneration £187,500£184,062 -1.8%
Directors' pension contributions £NaN£9,518£2,201 -76.9%

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 9.1%6.7%
Net margin 14.9%4.9%
Return on capital employed 15.4%7.1%
Gearing (liabilities / total assets) -3.3%25.9%13.8%
Current ratio 2.73x5.05x

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

  1. LYALVALE EXPRESS LIMITED 1998-07-14 → present
  2. PRETANE LIMITED 1997-12-23 → 1998-07-14

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
DJH Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on this review, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

  1. LYALVALE EXPRESS LIMITED · parent
    1. Fiocchi United Kingdom Limited 100% · United Kingdom · Manufacture of weapons and ammunition

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
MIRAGLIA, Luigi Maria, Mr. Director 2026-05-07 Aug 1979 Italian
ROSE, James, Mr. Director 2022-04-06 Jan 1973 British
RUESTIG, Alexander Hans Director 2026-05-07 Aug 1974 German
Show 15 resigned officers
Name Role Appointed Resigned
GREEN, Kevin Secretary 1998-05-21 1998-06-15
HURLEY, Roger Secretary 1998-05-21 2022-04-06
JACKSON, Marie Elizabeth Secretary 1998-04-08 1998-05-21
RUTLAND SECRETARIES LIMITED Corporate Nominee Secretary 1997-12-23 1998-04-08
BROOKS, Francis David Director 1998-11-01 2012-09-25
FIOCCHI, Leonardo Director 2025-04-03 2025-04-03
GREEN, Kevin Jordan Director 1998-04-08 2022-04-06
HURLEY, Roger Director 1998-05-21 2022-04-06
JACKSON, Marie Elizabeth Director 1998-04-08 1998-05-21
JACKSON, Michael Edward Wilson Director 2016-09-15 2022-04-06
LODA, Marco, Mr. Director 2022-04-06 2025-03-11
NEGRO, Maurizio, Mr. Director 2022-04-06 2023-01-01
SALVATO, Paolo Director 2025-03-11 2025-12-12
TAYLOR, David John Director 2015-10-15 2016-09-16
RUTLAND DIRECTORS LIMITED Corporate Nominee Director 1997-12-23 1998-04-08

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Fiocchi Munizioni S.P.A. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-04-06 Active
Elderstreet Vct Plc Corporate entity Shares 25–50% 2016-04-06 Ceased 2022-04-06

Filing timeline

Last 20 of 118 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-03-21 MA Memorandum articles
  • 2023-03-21 RESOLUTIONS Resolution
Date Type Category Description
2026-08-26 AA accounts Accounts with accounts type full PDF
2026-05-12 CH01 officers Change person director company with change date PDF
2026-05-12 AP01 officers Appoint person director company with name date PDF
2026-05-11 AP01 officers Appoint person director company with name date PDF
2025-12-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-19 TM01 officers Termination director company with name termination date PDF
2025-04-03 TM01 officers Termination director company with name termination date PDF
2025-04-03 AP01 officers Appoint person director company with name date PDF
2025-03-27 AA accounts Accounts with accounts type small PDF
2025-03-21 AP01 officers Appoint person director company with name date PDF
2025-03-11 TM01 officers Termination director company with name termination date PDF
2025-01-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-14 AA accounts Accounts with accounts type small
2024-01-09 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-03 AA accounts Accounts with accounts type small
2023-03-30 RP04SH01 capital Second filing capital allotment shares PDF
2023-03-21 MA incorporation Memorandum articles
2023-03-21 RESOLUTIONS resolution Resolution
2023-03-21 SH08 capital Capital name of class of shares
2023-03-16 SH01 capital Capital allotment shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

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