RESTLANE 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

  +1.7%

  £1,009,178 → £1,025,903

• Cash

  +1,057.4%

  £17,900 → £207,181

  highest in 3 filed years

• Net assets

  -74.8%

  -£703,880 → -£1,230,041

• Employees

  0%

  2 → 2

• Operating profit

  -82%

  £4,903,733 → £882,005

• Profit before tax

  -114.1%

  £3,305,755 → -£466,917

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Gerald Edelman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company recorded a loss for the year of £526,161 (2023: restated profit of £3,251,260) and at the balance sheet date had net liabilities of £1,230,041 (2023: £703,880). In the prior year, the company restructured it's existing funding facilities resulting in the company significantly reducing it's indebtedness and it's quarterly interest payments. The majority of the interest incurred is rolled up into the facility provided by it's parent company. The directors are now confident that the company will be cash generative going forward. Included within creditors due within 1 year is a Barclays finance facility of £8,200,000 which has been extended from it's due date of January 2025 to January 2026. There is scope to extend this facility through to January 2027. In auditing the financial statements, we have concluded that the director's use of the going corcern basis of accounting in the preparation of the financial statements is appropriate. Based on the works we have performed, we have not identified any material uncertainties relating to the events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for an period of at least twelve months from the financial statements are authorised or issued.”

Group structure

1. RESTLANE LIMITED · parent
   1. Posthouse Investments Limited 50% · Jersey

Significant events

• “During the previous year, the company re-financed it's borrowings and as a result a balance of £4,162,708 was waived by a connected entity.”
• “The Barclays loan facility was renewed for a further year in January 2025.”

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.