SPINKO LIMITED

• ◆

  3 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

  +6.1%

  £702,512 → £745,219

• Cash

  -51.2%

  £1,687,054 → £822,556

• Net assets

  -4.3%

  £41,711,505 → £39,904,272

• Employees

  +50%

  2 → 3

  highest in 5 filed years

• Operating profit

  -1,552.8%

  £239,287 → -£3,476,340

• Profit before tax

  -190.1%

  £1,086,134 → -£979,006

• Wages

  +17.8%

  £153,950 → £181,404

  highest in 5 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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit 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.”

Group structure

1. SPINKO LIMITED · parent
   1. HS Products Ltd 100% · England
   2. Harrison Spinks US Inc. 100% · USA
   3. Spink & Edgar Limited 100% · England · Dormant
   4. Somnus Limited 100% · England · Dormant
   5. A. Harrison (Bedding) Limited 100% · England · Dormant

Significant events

• “Key developments in year included the installation of solar panels across one major site.”
• “During the year, Spinko Limited disposed of it's interest in Harrison Spinks Beds Limited which has led to a reduction in Ordinary A shares.”

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

Filings

3

last 12 months

Capital events

1

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.