LYTE LADDERS AND TOWERS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-29 (in 8mo)
Last made up 2026-01-15
Watchouts
None on the register
Cash
£81K
+90.5% highest in 6 filed years
Net assets
£2M
+5,855.5% highest in 6 filed years
Employees
110
+5.8% vs 2023
Profit before tax
£1M
+772.7% highest in 6 filed years
Net assets
10-year trend · vs Industrials median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £10,619,454 | — | £9,239,493 | — | £12,199,376 | — | £10,988,356 | — | £10,695,245 | £14,748,000 | |
| Operating profit | £619,799 | — | -£180,785 | — | £324,719 | — | £221,713 | — | £300,477 | £1,327,533 | |
| Profit before tax | £357,420 | — | -£535,991 | — | -£24,974 | — | -£206,624 | — | -£208,254 | £1,400,904 | |
| Net profit | £357,420 | — | -£535,991 | — | £120,853 | — | -£138,162 | — | -£140,856 | £1,521,779 | |
| Cash | £58,859 | — | £44,434 | — | £53,469 | — | £24,984 | — | £42,728 | £81,401 | |
| Total assets less current liabilities | £2,049,434 | — | £4,001,111 | — | £3,956,986 | — | £3,581,678 | — | £4,062,816 | £2,164,542 | |
| Net assets | £357,520 | — | £51,164 | — | £155,007 | — | £16,845 | — | £25,989 | £1,547,768 | |
| Equity | £357,520 | £357,520 | £51,164 | £51,164 | £155,007 | £155,007 | £16,845 | £16,845 | £25,989 | £1,547,768 | |
| Average employees | 164 | — | 139 | — | 140 | — | 125 | — | 104 | 110 | |
| Wages | £1,838,682 | — | £2,698,988 | — | £2,916,113 | — | £2,743,139 | — | £2,420,931 | £3,198,884 | |
| Directors' remuneration | £249,416 | — | £202,468 | — | £120,835 | — | £155,254 | — | £161,625 | £171,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+37.9%
£10,695,245 £14,748,000
highest in 6 filed years
-
Cash
+90.5%
£42,728 £81,401
highest in 6 filed years
-
Net assets
+5,855.5%
£25,989 £1,547,768
highest in 6 filed years
-
Employees
+5.8%
104 110
-
Operating profit
+341.8%
£300,477 £1,327,533
highest in 6 filed years
-
Profit before tax
+772.7%
-£208,254 £1,400,904
highest in 6 filed years
-
Wages
+32.1%
£2,420,931 £3,198,884
highest in 6 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 5.8% | — | -2.0% | — | 2.7% | — | 2.0% | — | 2.8% | 9.0% | |
| Net margin | 3.4% | — | -5.8% | — | 1.0% | — | -1.3% | — | -1.3% | 10.3% | |
| Return on capital employed | 30.2% | — | -4.5% | — | 8.2% | — | 6.2% | — | 7.4% | 61.3% | |
| Current ratio | — | — | — | — | — | — | — | — | 1.08x | 1.22x | |
| Interest cover | 2.36x | — | -0.51x | — | 0.93x | — | 0.52x | — | 0.59x | 2.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Company's forecasts and projections and based on the continued support of the company's principal lenders, the directors have a reasonable expectation that the Company has adequate resources to continue in operation for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing the financial statements.”
Group structure
- LYTE LADDERS AND TOWERS LIMITED · parent
- Lyte Ladders and Towers Ireland Limited 100%
Significant events
- “During the year, the Company sold its freehold property in a sale and leaseback transaction, realising a profit of £600k.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRICE, Stuart John | Director | 2022-02-01 | May 1964 | British |
| ROBINSON, Ronald | Director | 2019-03-21 | Nov 1946 | British |
| SARAI, Lakhvinder Singh | Director | 2021-01-29 | Jan 1976 | British |
| WALTON, Michael Desmond | Director | 2019-01-22 | Apr 1964 | British |
| WELDEN, Michael Anthony | Director | 2019-01-18 | Jan 1969 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GREENE, John Joseph | Director | 2019-01-21 | 2020-12-15 |
| HOOD, Jonathan | Director | 2019-01-21 | 2019-11-22 |
| MCTEAR, Alan James | Director | 2021-01-29 | 2021-12-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Breal Capital (Lyte) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-01-18 | Active |
Filing timeline
Last 20 of 52 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-20 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-12 | AA | accounts | Accounts with accounts type full | |
| 2025-02-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-01-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-07-12 | AA | accounts | Accounts with accounts type full | |
| 2022-02-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-01-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-24 | SH06 | capital | Capital cancellation shares | |
| 2021-12-24 | SH03 | capital | Capital return purchase own shares | |
| 2021-12-20 | RESOLUTIONS | resolution | Resolution | |
| 2021-12-14 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-08-05 | CH01 | officers | Change person director company with change date | |
| 2021-08-05 | CH01 | officers | Change person director company with change date | |
| 2021-08-05 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.