Lesterose Northern Holdings Limited

Lesterose Northern Holdings Limited is a holding company and is the ultimate parent of a trading subsidiary. The overall performance of the company and return on investments are based on the performance of the trading subsidiary. Strategic Management The objective of the trading subsidiary is to be one of the largest brickwork contractors in the northern region of the UK. To achieve this objective the group's strategy is to supply high quality finishes for brickwork and blockwork, architectural masonry and stonework. The group employs traditional values and methods and is committed to delivering services tailored to clients' requirements using its wealth of knowledge and skills in the construction industry. Business Environment The group is subject to various health and safety risks due to the nature of business of the group companies. The group is totally committed to achieving the highest level of health and safety provision throughout all areas of the group and aims to work towards achieving a working environment that is free from work-related accidents and ill health, this is regarded as an ongoing process. All employees of the group are encouraged to actively participate in working towards these aims and the group provide a robust in house training programme. The group is fully aware of their environmental responsibilities and has developed their own environmental management system in accordance with the international standards ISO14001:2015. Business performance The level of business and the period end financial position were satisfactory, and the directors expect that the present level of activity will be sustained for the foreseeable future. The Board regards the following as key performance indicators for the Group: 1. Gross profit percentage The gross profit percentage achieved in 2025 was 35.7% (2024 - 24.8%) 2. The ratio of current assets to current liabilities The ratio of current assets to current liabilities at 31st March 2025 was 2.8 (2024 - 1.66) The Board is comfortable to report that, whilst there have been challenges in the accounting period, due to global events and rising material prices, the group has been able to continue to operate satisfactorily and are pleased with the above results. This report was approved by the board of directors on 23 December 2025 and signed on behalf of the board by: