SHANI GROUP LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +4%

  -£783,609 → -£752,268

• Employees

  -24.2%

  33 → 25

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. SHANI GROUP LIMITED 1988-04-25 → present
2. SHANI INDUSTRIES LIMITED 1982-09-09 → 1988-04-25
3. SHANI SKIRTS LIMITED 1951-01-19 → 1982-09-09

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Audit opinion

Unaudited (audit-exempt)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, notwithstanding the group's excess of liabilities over assets at the balance sheet date. The director is satisfied that the group will be able to meet its liabilities as they fall due. Accordingly he continues to adopt the going concern basis of accounting.”

Group structure

1. SHANI GROUP LIMITED · parent
   1. Shani Limited 100% · Manufacture of ladies clothing
   2. 4 Seasons (Shani) Limited 100% · Dormant
   3. Freez Limited 100% · Dormant
   4. Grace and Oliver Limited 100% · Dormant
   5. Rossetti (Shani) Limited 100% · Dormant
   6. UAB Shani 100% · Lithuania · Provision of services to clothing manufacturers

Significant events

• “The company has provided guarantees in respect of certain of the contractual obligations of a former overseas subsidiary. There is an ongoing legal dispute with the counter-parties concerned, resulting in claims and counterclaims. Based on independent advice received the director is of the opinion that there will be no material financial cost to the company or group as a consequence of this matter. A judgement was given in favour of the company, but this is now under appeal.”
• “The group has granted fixed and floating legal charges over certain of its assets in favour of its bankers.”
• “The group has given indemnities to its bankers in respect of a duty deferred payment guarantee of £500,000 (2023: £500,000).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.