LEWMAR LIMITED
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Cash
£5.9m
-51% lowest in 3 filed years
Net assets
£17m
-24.4% lowest in 3 filed years
Employees
222
-18.1% lowest in 3 filed years
Profit before tax
£2.8m
+106.4% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £52,582,000 | £42,373,000 | £34,619,000 | -18.3% | |
| Operating profit | £1,849,000 | £1,158,000 | £2,726,000 | +135.4% | |
| Profit before tax | £1,961,000 | £1,369,000 | £2,826,000 | +106.4% | |
| Net profit | £2,030,000 | £1,381,000 | £2,681,000 | +94.1% | |
| Cash | £8,743,000 | £11,961,000 | £5,864,000 | -51% | |
| Total assets less current liabilities | £22,147,000 | £23,508,000 | £18,015,000 | -23.4% | |
| Net assets | £21,737,000 | £23,118,000 | £17,480,000 | -24.4% | |
| Equity | £21,737,000 | £23,118,000 | £17,480,000 | -24.4% | |
| Average employees | 327 | 271 | 222 | -18.1% | |
| Wages | £12,702,000 | £10,211,000 | £8,603,000 | -15.7% | |
| Directors' remuneration | £408,000 | £312,764 | £307,049 | -1.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 3.5% | 2.7% | 7.9% | |
| Net margin | 3.9% | 3.3% | 7.7% | |
| Return on capital employed | 8.3% | 4.9% | 15.1% | |
| Gearing (liabilities / total assets) | — | 25.5% | 29.0% | |
| Current ratio | 3.27x | 3.58x | 3.04x |
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.
Name history
Renamed 1 time since incorporation
- LEWMAR LIMITED 2000-01-14 → present
- LEWMAR MARINE LIMITED 1959-02-04 → 2000-01-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “The Glass division trade was transferred, part way through 2024 to our fellow group company Trend Marine Products Limited.”
- “In 2024, there were one-off costs associated with the transfer of the Glass division, including redundancy and asset write down costs, totalling £0.3m.”
- “In 2025 there were one-off redundancy costs, totalling £0.2m as the Company continued to right size the business in the face of the weak marine market.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COVEY, Ansley Mckay | Director | 2022-06-17 | Jul 1978 | American |
| JOHNSTON, Matthew Elliott | Director | 2022-06-17 | Apr 1975 | British |
| NAVARRO, Carlos | Director | 2022-06-17 | Jul 1980 | American |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHALMERS, Nicholas Oman | Secretary | 1999-06-04 | 2019-09-18 |
| HOLT, Helen Kay | Secretary | — | 1999-06-04 |
| APPLEBY, Homer | Director | 1994-09-01 | 1995-06-09 |
| BLACKWOOD, John | Director | — | 1994-04-19 |
| BONETTI, Alessandro | Director | 1994-09-01 | 1995-07-06 |
| CARTER, Derek Paul | Director | — | 1996-03-11 |
| CASTELL, Philip | Director | 2009-03-26 | 2019-08-01 |
| CHALKLEY, Michael Leslie | Director | 1998-02-02 | 2001-08-29 |
| CHALMERS, Nicholas Oman | Director | 1999-06-04 | 2009-03-26 |
| CHAMPTALOUP, Stephen Leonard | Director | 1993-10-23 | 1994-03-31 |
| FAJT, Miroslav Martin | Director | — | 1994-04-22 |
| FISCHER, Andrew Olaf | Director | 1995-07-06 | 1999-06-04 |
| FISHER, Ian | Director | 1995-07-06 | 1999-06-04 |
| FLETCHER, Alan Thomas | Director | 1995-07-06 | 1999-06-04 |
| GRIGG, Benjamin | Director | 1999-08-01 | 2001-08-29 |
| GRUNOW, John Edwin Dearden | Director | — | 1994-04-22 |
| HALL, Brian Michael | Director | 2019-08-01 | 2023-05-19 |
| HARTLEY, Simon Andrew | Director | — | 2001-08-28 |
| HOLT, Helen Kay | Director | 1994-01-27 | 1999-12-24 |
| HORRELL, Paul John | Director | — | 1993-04-28 |
| HUGGETT, Richard David John | Director | — | 1994-04-19 |
| LENIHAN, John Christopher | Director | 1996-03-11 | 1996-12-16 |
| LIPPERT, Jason Douglas | Director | 2019-08-01 | 2022-06-17 |
| MACMILLAN, Arthur Gordon | Director | 1999-06-04 | 2006-05-31 |
| MENEFEE, Jimmy Maurice | Director | 2019-08-01 | 2023-09-08 |
| NAMENYE, Andrew Joseph | Director | 2019-08-01 | 2022-06-17 |
| NOLAN, John James | Director | 1994-01-27 | 1994-05-10 |
| O'CONNELL, Peter | Director | 2005-06-22 | 2008-10-28 |
| QUAGLINI, Massimo | Director | 1994-09-01 | 1995-07-06 |
| SIDEY, Ian Macnaughten | Director | — | 1994-05-26 |
| STAUFF, Michael Frederick | Director | — | 1994-10-14 |
| SWALES, John Mark | Director | 1999-08-01 | 2001-01-31 |
| TIERNEY, Peter | Director | 2008-10-28 | 2022-03-11 |
| WONG, Ernest | Director | 1994-09-01 | 1995-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lci Industries Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-12-20 | Active |
| Lewmar Marine Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-12-24 | Ceased 2024-12-20 |
| Lewmar Europe Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2021-12-24 |
Filing timeline
Last 20 of 221 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-13 | AA | accounts | Accounts with accounts type full | |
| 2026-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-09-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-24 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-03 | AA | accounts | Accounts with accounts type full | |
| 2022-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-20 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.