SBS INSURANCE SERVICES 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

  -10.7%

  £47,623,638 → £42,532,787

• Cash

  -60.1%

  £1,247,861 → £498,233

• Net assets

  -13.4%

  £1,969,865 → £1,705,246

• Employees

  -8.8%

  102 → 93

• Operating profit

  -75.5%

  £1,710,487 → £419,527

• Profit before tax

  -76.8%

  £1,710,487 → £396,159

• Wages

  +5.7%

  £3,845,445 → £4,065,743

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. SBS INSURANCE SERVICES LIMITED 2000-07-25 → present
2. LAMINWARD LIMITED 2000-05-05 → 2000-07-25

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Johnson Smith & Co Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors acknowledge the Financial Reporting Council's Going Concern Guidelines and believe that the Group is well placed to manage its business risks successfully. Having reviewed the initial financial scenario planning for the year 2025/26 and beyond that has been carried out, the directors are satisfied that, at the time of approving the financial statements, there is not a material uncertainty that may cast significant doubt upon the Group's ability to continue as a going concern, and so it is appropriate to adopt the going concern basis in preparing the financial statements.”

Group structure

1. SBS INSURANCE SERVICES LIMITED · parent
   1. Direct Lawn and Garden Limited 100% · United Kingdom
   2. React Insurance Services Ltd 100% · United Kingdom

Significant events

• “During the financial year, a key supply chain partner, Carpetright, entered Administration. In response, the Board took the strategic decision to fully honor customer vouchers. This action was taken to protect policyholders, preserve the Group's reputation, and maintain long-term trust with our insurance partners. Consequently, the Group incurred non recurring costs of £0.7m, covering the direct cost of vouchers and a related team restructuring to align with revised operational requirements.”

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.