LAPWING UK. 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

  +16.2%

  £18,152,772 → £21,091,823

  highest in 3 filed years

• Cash

  -10.5%

  £1,771,566 → £1,586,270

• Net assets

  +8.4%

  £7,291,758 → £7,904,166

  highest in 4 filed years

• Employees

  +17.5%

  63 → 74

  highest in 4 filed years

• Operating profit

  +3.5%

  £1,351,578 → £1,399,426

• Profit before tax

  +4.8%

  £1,349,386 → £1,413,728

• Wages

  +22.1%

  £2,541,801 → £3,103,195

  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. LAPWING UK. LTD 2019-12-19 → present
2. LAPWING SPECIALIST CONSTRUCTION PRODUCTS LIMITED 2013-08-02 → 2019-12-19

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lancaster Haskins Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Forecasts have been prepared that reflect estimates of future performance. As at 31 December 2024, the company had net assets of £7,904,166 (2023 - £7,291,758) and access to cash reserves of £1,586,270 (2023 - £1,771,566). Based on forecasts prepared and the funds available, the directors believe that there are sufficient resources for the company to continue business for at least 12 months post signing of the financial statements. As such, the directors believe it is appropriate for the financial statements to be prepared on the going concern basis.”

Significant events

• “A proposed dividend of £50,000 was agreed by the director on 30th January 2025. A further proposed dividend of £225,000 was agreed by the director on 24th March 2025.”
• “The government has indicated it will support infrastructure investment, which in turn should benefit the construction market. A potential stagnation in sales of residential property from increased interest rates may have a knock on effect for many areas of the construction industry. Interest rates could increase further, but the impact of the cost of borrowing for the business is expected to be limited.”

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.