LWC DRINKS 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

  +16.6%

  £609,929,755 → £711,084,454

• Cash

  +886.8%

  £969,178 → £9,563,425

• Net assets

  +13.4%

  £110,867,346 → £125,770,925

  highest in 3 filed years

• Employees

  +7.4%

  1,344 → 1,444

  highest in 3 filed years

• Operating profit

  -47.4%

  £38,112,788 → £20,044,168

• Profit before tax

  -52%

  £38,006,609 → £18,251,901

  lowest in 3 filed years

• Wages

  +49.9%

  £46,423,124 → £69,572,839

  highest in 3 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.

1. LWC DRINKS LIMITED 2011-10-26 → present
2. LICENSED WHOLESALE COMPANY TRADING LIMITED 2011-09-20 → 2011-10-26
3. HS 540 LIMITED 2011-06-21 → 2011-09-20

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Royce Peeling Green Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements the directors have a reasonable expectation that the group and company have adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. LWC DRINKS LIMITED · parent
   1. H.T. White & Company Limited 100% · UK · Non-trading
   2. Hills Prospect Holdings Limited 100% · UK · Drinks wholesale
   3. GBC Topco Limited 100% · UK · Drinks wholesale

Significant events

• “acquired the wholesaling division of Glamorgan Brewing Company ... by purchasing the entire share capital of GBC Topco Limited.”
• “purchased a new site in Tonyrefail, and will relocate our South Wales operations there during 2024/25.”
• “worked to integrate the operations of our recent acquisition, Hills Prospect, into the LWC family.”
• “purchased a new site in Merseyside and have successfully relocated our existing business to the new site.”
• “opened our 116,000 sq ft site in Aylesbury, built and opened a 73,000 sq ft site in Knowsley and also expanded our presence in Leeds and Eastbourne.”
• “invest heavily in new operational systems during the year, rolling out our Warehouse Management System throughout our depots”
• “agreed an extension to our credit facilities with the Royal Bank of Scotland / Nat West. This gives us freedom to draw down a facility up to £30m should we require it.”
• “All new vehicles being purchased for our car fleet are hybrid or fully electric and charging points are being installed at all company locations. We aim to replace all petrol/diesel vehicles in the next five years.”
• “committed to introducing solar panels and heat pumps to as many of our sites as practical.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.