LAKES CORPORATE HOLDINGS 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

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

Consolidated group

Auditor

Hazlewoods LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared forecasts, including cash flow forecasts, for the period to 30 November 2026. The group are forecasting a loss for the year ended 30 November 2025, but profitable in the final quarter, and for the year ended 30 November 2026. After reviewing the group's forecasts and having renegotiated the repayment terms attached to the loan notes, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. The market remained challenging in the period immediately after the year end, with performance improving at a slow rate. Whilst uncertainties exist in the business environment, the group remains confident in its ability to manage these challenges effectively. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. LAKES CORPORATE HOLDINGS LIMITED · parent
   1. Lakes Bathrooms Limited 100% · United Kingdom · import and distribution of shower enclosures and shower doors
   2. Ningbo Ying Ji Sha Wei Yu Ltd 100% · China · manufacture and export of shower enclosures and shower doors
   3. Lakes Showering Spaces Ltd 100% · United Kingdom · dormant company

Significant events

• “On 17 November 2023, Lakes Corporate Holdings Limited acquired 100% of the share capital of Lakes Bathrooms Limited and its subsidiaries.”
• “April 2024 saw the launch of our Modular Walk-In range which has proved hugely successful.”
• “On 22 January 2025, 7 Ordinary shares were redesignated as 7 B shares.”
• “On 3 July 2025, 3 Ordinary E shares with a nominal value of £0.01 each were subdivided into 6 Ordinary E shares with a nominal value of £0.005 each.”
• “Post year end, the terms of the loan notes have been varied such that the facility is repayable in instalments over a period to December 2030. £80,000 is payable in the period to November 2025 with a further £240,000 payable in the period to November 2026.”

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

Filings

9

last 12 months

Capital events

4

last 24 months

Officers appointed

0

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.