LEBUS UPHOLSTERY LIMITED

• ◆

  Material uncertainty over going concern

  the Group incurred a loss of £2.25m during the year ended 31 December 2025 and, as of that date, the Group's current liabilities exceeded its current assets by £2.42m. These events or conditions... indicate that a material uncertainty exists that may cast significant doubt on the Group's ability

• ·

  Going-concern uncertainty disclosed

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

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. LEBUS UPHOLSTERY LIMITED 2005-11-02 → present
2. GLOBALGUIDE LIMITED 2005-09-14 → 2005-11-02

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“the Group incurred a loss of £2.25m during the year ended 31 December 2025 and, as of that date, the Group's current liabilities exceeded its current assets by £2.42m. These events or conditions... indicate that a material uncertainty exists that may cast significant doubt on the Group's ability”

Group structure

1. LEBUS UPHOLSTERY LIMITED · parent
   1. Lebus (Ireland) Limited 100% · Ireland · Wholesaling of furniture
   2. Lebus Furniture Limited 100% · England and Wales · Rental company

Significant events

• “The ERP development project has been fully discontinued, and the project's recoverable amount was assessed as nil. The Group has recognised a full write-off of £429,356. This charge has been recognized in the Profit and Loss Account within Administrative Expenses.”
• “On the 17th June 2026 Lebus Upholstery Limited and Lebus Furniture Limited transferred their Asset Based Finance Facilities from HSBC UK Bank PLC and HSBC Equipment Finance (UK) Limited to IGF Business Credit Limited.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.