LDL COMPONENTS LTD

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

  -5.1%

  £13,615,485 → £12,917,574

  lowest in 4 filed years

• Cash

  +24.6%

  £419,194 → £522,511

• Net assets

  +9.6%

  £5,005,740 → £5,486,580

  highest in 5 filed years

• Employees

  -8.3%

  36 → 33

  lowest in 5 filed years

• Operating profit

  -31.1%

  £1,145,803 → £789,846

  lowest in 4 filed years

• Profit before tax

  -32.2%

  £946,767 → £641,958

  lowest in 4 filed years

• Wages

  -2.2%

  £860,328 → £841,734

  lowest in 4 filed years

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hurst Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared financial forecasts which indicate that the company will maintain sufficient financial headroom to enable it to continue meeting its liabilities as they fall due in the normal course of business for at least the next 12 months, following approval of these financial statements. The forecast assessment considers various factors, including historical and projected financial performance, available cash resources, existing and potential sources of financing, and any relevant external factors affecting the business environment. The current net liabilities position is attributable to deferred consideration payable in 2025 following the MBO in 2022. It is likely further funding will be required to settle this obligation, though as the funding required is far smaller than that secured for the MBO, the directors do not foresee any issues. The directors therefore have a reasonable expectation that the Group has adequate financial and other resources to continue in operational existence for the foreseeable future. Accordingly, they continue to prepare the financial statements on a going concern basis.”

Group structure

1. LDL COMPONENTS LTD · parent
   1. LDL (North) Limited 99.7% · England and Wales

Significant events

• “Difficult market conditions prevailed for much of 2024. Macro-economic factors, notably high interest rates and persistent inflation, continued the squeeze on the consumer and reduced the appetite for 'big ticket' purchases such as kitchens. Business confidence was undermined by political uncertainty before the general election in October and then, by the incoming government's signposting of forthcoming tax-rises to fill a 'black hole' in the public finances in its wake. Consequently, turnover fell by 5% from 2023.”
• “There have been no significant events affecting the Company since the year end.”

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

Filings

3

last 12 months

Capital events

0

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.