UNION INCOME BENEFIT HOLDINGS LIMITED

• ◆

  3 officer resignations in last 12 months

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

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

  -2.9%

  £7,445,203 → £7,226,491

  lowest in 6 filed years

• Cash

  +92,157%

  £540 → £498,188

• Net assets

  -25.3%

  £16,556,116 → £12,372,047

• Employees

  -7.8%

  103 → 95

• Operating profit

  -1,276.1%

  -£278,904 → -£3,837,875

  lowest in 6 filed years

• Profit before tax

  -412.2%

  -£809,632 → -£4,147,064

  lowest in 6 filed years

• Wages

  -23.5%

  £3,768,863 → £2,884,881

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. UNION INCOME BENEFIT HOLDINGS LIMITED 2007-02-20 → present
2. UNION INCOME BENEFIT HOLDINGS PLC 2000-02-29 → 2007-02-20
3. BARBEX PLC 1999-11-16 → 2000-02-29

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Subsequent to the year end, an agreement was reached with a debtor in respect of an outstanding balance of £883,558. The debtor has agreed to settle the balance in full for a reduced amount of £700,000. This settlement represents a reduction of £183,558 from the original amount due. This adjustment was agreed after the balance sheet date and therefore has not been reflected in these financial statements for the year ended 31 December 2024. This event is considered a non-adjusting post balance sheet event.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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