LIPSY LIMITED

Active
Company number 05728110Private limited companyIncorporated 2006

Key figures

£43,756,000-56.3%
Net assets 2025/26
-56.3%
Average annual change 2024/25–2025/26
050 m100 m150 m2024/252025/26

† LIPSY LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

LIPSY LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2025/26

Sector comparison

SIC 46420

Where the company stands among the 10,924 active companies whose first SIC code is 46420 (Wholesale of clothing and footwear).

Net assets£43,756,000
Higher than 99% · median £3,243
Total assets£49,246,000
Higher than 99% · median £42,672
Cash£1,229,000
Higher than 91% · median £21,445
Company age20.7 years
Older than 91% · median 3.2 years
Largest in this sector by net assets
  1. AIRWAIR INTERNATIONAL LIMITED£236.9m
  2. REGATTA LTD£114.1m
  3. ALL SAINTS RETAIL LIMITED£100.6m
  4. VF NORTHERN EUROPE LIMITED£93.8m
  5. EQUIP OUTDOOR TECHNOLOGIES UK LIMITED£74.1m
  6. JACOBS & TURNER LIMITED£64.1m
  7. WOLVERINE EUROPE LIMITED£59.3m
  8. SELF-PORTRAIT LTD£54.8m
  9. FOUR MARKETING LIMITED£49.3m
  10. EOTH LIMITED£47.3m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 10,924. The line on each bar marks the median.

Summary: LIPSY LIMITED

What kind of company is it?

LIPSY LIMITED is a private limited company registered with Companies House under company number 05728110. It was incorporated on 2 Mar 2006. Its status is active. The registered office is in Leicester (LE19). Its nature of business (SIC 2007) is wholesale of clothing and footwear (46420), retail sale of clothing in specialised stores (47710).

How is the company doing financially?

The latest accounts in the database are for 2025/26 (period ending 31 Jan 2026); the company files audit-exempt subsidiary. Profit for the year was £23,629,000. Net assets were £43,756,000, down 56.3% on the previous year. Cash at bank and in hand was £1,229,000. Total assets were £49,246,000 and total liabilities £5,490,000. Figures are available for 2 financial years (2024/25–2025/26).

How does it compare with similar companies?

Compared with 10,924 active companies whose first SIC code is 46420: By net assets it ranks higher than 99% of them (median £3,243). By total assets it ranks higher than 99% of them (median £42,672). By cash it ranks higher than 91% of them (median £21,445). It is older than 91% of them (median age 3.2 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly perfumery and cosmetics, leather goods and bags, toys, games and sports goods. HMRC lists it as an exporter of goods, mainly woven clothing, knitted clothing. Its gender pay gap report for 2024/25 shows median hourly pay for women 6% lower than for men. It has modern slavery statements on the government registry for 5 years.

Who runs and controls the company?

One person with significant control is registered. 3 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Oct 2027. The next confirmation statement is due by 22 Jun 2027.

Filed accounts2024/25–2025/26
2024/25 †2025/26 †
Turnover140,840,000—
Profit for the year24,467,00023,629,000
Cash at bank and in hand11,961,0001,229,000
Total assets146,063,00049,246,000
Total liabilities45,936,0005,490,000
Net assets / total equity100,127,00043,756,000
Average number of employees295—

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Statutory reporting

Payment practices27 Jul 2025 – 31 Jan 2026

No payments to suppliers were reported for this period.

Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
26 Jul 2025
25
84%
27%
25 Jan 2025
36
79%
51%
27 Jul 2024
33
87%
46%
27 Jan 2024
29
82%
39%
29 Jul 2023
34
82%
37%
28 Jan 2023
27
77%
35%
30 Jul 2022
20
89%
24%

View the latest report on GOV.UK

Gender pay gap2024/25
Median hourly pay
women 6% lower
Mean hourly pay
women 18% lower
Median bonus pay
women 12.2% lower
Employer size
250 to 499 employees
Lower pay quarter89% womenLower middle89% womenUpper middle88% womenUpper pay quarter88% women
Earlier years (2)
Year
Median hourly pay
Mean hourly pay
2023/24
women 23.5% lower
women 45.5% lower
2022/23
women 26.8% lower
women 44% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements5
2026
Statement · summary on GOV.UK · group statement (NEXT PLC)
2025
Statement · summary on GOV.UK · group statement (NEXT PLC)
2024
Statement · summary on GOV.UK · group statement (NEXT PLC)
Earlier years (2)
2023
Statement · summary on GOV.UK · group statement (NEXT PLC)
2022
Statement · summary on GOV.UK · group statement (NEXT PLC)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 3 of the last 12 months on record, most recently January 2026. Main goods: perfumery and cosmetics, leather goods and bags and toys, games and sports goods.

Listed by HMRC as an exporter of goods in 8 of the last 12 months on record, most recently July 2026. Main goods: woven clothing and knitted clothing.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2025/26 endedAccounts: net assets £43.8m
  2. Financial year 2024/25 endedAccounts: turnover £140.8m, net assets £100.1m, 295 employees
  3. Next Holdings Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.