Leisure World Group Limited

LWG Group Limited, based in Richmond, UK, is a sizable holding company with an active status, having been incorporated eighteen years ago in November 2006. The company employs sixty-two people and holds assets valued at £12,991,996, generating an annual revenue of £19,832,550. It's managed by three directors and has one owner, boasting a respectable Google rating of 4.0 based on six hundred reviews. LWG Group Limited irregularly exports vehicles, parts, and accessories (excluding trains and trams), with its last export operation occurring a month ago.

The company operates as a holding company, overseeing various ventures, and its size is considerable, meeting two of three criteria to be considered large: turnover exceeding £36 million and a balance sheet total exceeding £18 million. The company's website reveals a focus on the sale of motorhomes and touring caravans, motor vehicles, and all associated accessories and spare parts. It also runs a separate, high-end piano restoration business, 1066 Pianos, operating from Cambridge and even featuring a showroom in Harrods.

Financially, LWG Group Limited presents a mixed picture. Accrued liabilities and deferred income increased by 22%, while accumulated amortisation and impairment of intangible assets remained steady. However, depreciation expenses on motor vehicles surged by 51%, and bank borrowings decreased significantly by 78%, indicating a reduction in debt. The company’s net assets decreased by 16%, and the company’s turnover increased by 20%. The company's accounts are audited, and the auditor is Clive Owen LLP.

The company’s shift towards closing satellite trading branches and consolidating operations at its Catterick site suggests a strategic move to streamline costs and improve efficiency. While the core business faces some financial pressures, the high-end piano division thrives on prestige and heritage, creating a contrast in business models.

Registered in England/Wales under the registration number 06004556, with a registered address at DL10 7JB, Richmond, Yorkshire, Gatherley Road, Catterick Bridge.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.