GUMTREE.COM LIMITED

• ◆

  5 officer resignations in last 12 months

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

• ◆

  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

  -60.5%

  £59,609,000 → £23,519,000

• Cash

  -88.1%

  £12,665,000 → £1,504,000

• Net assets

  -89.3%

  £39,875,000 → £4,270,000

• Employees

  0%

  119 → 119

• Operating profit

  -106.6%

  £16,649,000 → -£1,095,000

• Profit before tax

  -104.9%

  £17,063,000 → -£830,000

• Wages

  -8.1%

  £9,556,000 → £8,783,000

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.

1. GUMTREE.COM LIMITED 2005-01-11 → present
2. ELUSTRA LTD 2000-02-28 → 2005-01-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Fiander Tovell Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although the Company has made a loss in the year, the Company has financial support from its Parent Company, FE International Limited, for a period of 12 months from approval of the financial statements. On this basis, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “On 3 October 2023, the shares in Motors.co.uk Limited previously held by Gumtree.com Limited were transferred to Classifieds Group Limited by way of a dividend, so that Gumtree.com Limited and Motors.co.uk Limited became direct subsidiaries of Classifieds Group Limited.”
• “In conjunction with this, Classifieds Group Limited undertook an internal group restructuring which involved the novation of dealer contracts from the Company to Motors.co.uk Limited.”
• “On 2 September 2024, Classifieds Group Limited entered into a sale and purchase agreement for the entire share capital of its subsidiary Gumtree.com Limited with FE International Limited.”
• “The transaction was completed on 30 September 2024.”
• “Q4 2024 includes material one-off expenses incurred to separate the Company from Classifieds Group Limited.”

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

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

5

last 12 months

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