FLAIR LEISURE PRODUCTS PLC

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -34.6%

  £9,763,000 → £6,385,000

• Cash

  -45.7%

  £1,896,000 → £1,029,000

• Net assets

  -102.8%

  £3,631,000 → -£103,000

• Employees

  -21.1%

  19 → 15

• Operating profit

  -153.2%

  -£1,499,000 → -£3,795,000

• Profit before tax

  -789%

  -£420,000 → -£3,734,000

• Wages

  -5.3%

  £970,000 → £919,000

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

Margins divide P&L lines by turnover. 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Richard Place Dobson Services Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. Those forecasts show that the company will have sufficient funds, through funding from its ultimate parent company, Giochi Preziosi S.p.A.. to meet its liabilities as they fall due during the going concern period assessed.”

Significant events

• “The Company made a pre-tax loss of £3,734,000 for the year (2022: £420,000) on a turnover of £6,385,000 (2022: £9,763,000). As at 31 December 2023, the Company had net liabilities of £103,000 (2022: Net assets of £3,631,000).”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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