LESTER & BROWN LIMITED

Company number 06650978 ·

Active

Executive summary

Lester & Brown Limited presents a classic turnaround scenario: an established independent retailer with sector-specific expertise and recent operational momentum, but encumbered by a deeply impaired balance sheet that constrains strategic options and creates existential going concern risk. The FY2024 improvement—reducing net liabilities by 43%—demonstrates the directors' capacity to engineer recovery, yet the business remains technically insolvent and asset-constrained at a level that fundamentally limits competitive positioning. The path forward requires decisive balance sheet restructuring, likely through director capital injection, combined with a pivot toward higher-margin service revenue and digital channel development to build resilience against the structural headwinds facing discretionary retail independents.

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Shareholders' funds

-£17,448

Balance sheet as at 2025-11-30

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What it does

The principal activity of the company during the year under review was that of retail jewellers.

The company's own description, from its latest filed accounts.

Overview

Company type
Private Limited Company
Incorporated
2008-07-18
Employees
4 (2025 accounts)
Registered office
29 Park Lane, Poynton, Stockport, Cheshire, SK12 1RD
Postcode
SK12 1RD
Capital
100 GBP
Accounts category
Micro
Charges
2 outstanding

Accounts

Last made up to
2025-11-30
Next due by
2027-08-31
Financial year end
30 November

Confirmation statement

Last statement dated
2026-07-18
Next due by
2027-08-01
View filing history →

Nature of business (SIC)

  • 47770 Retail sale of watches and jewellery in specialised stores

Officers 2 current · 2 resigned

MR David BROWN Director
Appointed 2008-07-31
Appointed 2008-07-31

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Group structure 1 subsidiary

From persons-with-significant-control filings on the public register.

Contact details

Website
http://www.lesterandbrown.co.uk

At this address

74

companies are registered at this postcode →

Competitors Stockport

This company ranks 19 among retail sale of watches and jewellery in specialised stores in Stockport.

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The class of 2008

24%

of the 245,266 companies incorporated in 2008 are still active today; 74% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →