BARWORKS LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs 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

  +26.2%

  £8,364,737 → £10,559,645

• Cash

  -75.8%

  £420,120 → £101,586

  lowest in 4 filed years

• Net assets

  -43.6%

  £3,288,481 → £1,855,264

  lowest in 4 filed years

• Employees

  -14.9%

  249 → 212

• Operating profit

  -29.3%

  -£1,502,983 → -£1,943,066

• Profit before tax

  -38.3%

  -£1,547,614 → -£2,140,264

• Wages

  +30.2%

  £3,199,560 → £4,166,383

  highest in 4 filed years

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.

1. BARWORKS LIMITED 2001-02-06 → present
2. BONDALIA LIMITED 1999-06-23 → 2001-02-06

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis as the directors have a reasonable expectation that the group and company have adequate resources to continue in operational existence for the foreseeable future. For additional details regarding the going concern basis, please see note 1, Accounting Policies.”

Group structure

1. BARWORKS LIMITED · parent
   1. Barworks (Soha) Limited 100% · UK · Licensed bar and restaurant
   2. Mare Street Projects Limited 100% · UK · Licensed bar and restaurant
   3. Barworks (Kings Cross) Limited 100% · UK · Licensed bar and restaurant
   4. Barworks Pub Group Limited 100% · UK · Licensed bar and restaurant
   5. Barworks London 1 Limited 100% · UK · Licensed bar and restaurant
   6. Barworks London 2 Limited 100% · UK · Dormant
   7. Barworks London 3 Limited 100% · UK · Dormant

Significant events

• “The year to June 2025 saw the opening of 2 new sites. In July 2024, the group opened Mare Street Market Kings Cross - the flagship expansion of the Mare Street Market concept. ... Following a programme of refurbishment and relaunch, the site re-opened in November 2024.”
• “The ongoing discussions with a strategic investor concluded positively early in the year and resulted in new debt financing to sit alongside existing bank facilities and which helped the group maintain liquidity whilst opening the new sites.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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