OSCAR ASSOCIATES (UK) 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

  -12.9%

  £49,117,699 → £42,798,007

• Cash

  -73.6%

  £683,907 → £180,525

  lowest in 3 filed years

• Net assets

  -11.3%

  £4,365,300 → £3,873,284

• Employees

  -19.8%

  162 → 130

• Operating profit

  +52.7%

  -£820,337 → -£387,776

• Profit before tax

  +49.3%

  -£899,703 → -£455,771

• Wages

  -9.5%

  £42,531,085 → £38,481,684

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. OSCAR ASSOCIATES (UK) LIMITED 2001-10-24 → present
2. DRAYSTON LIMITED 2001-07-19 → 2001-10-24

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Sedulo Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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 group's and parent 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.”

Group structure

1. OSCAR ASSOCIATES (UK) LIMITED · parent
   1. Oscar Associates (Americas) LLC 100% · US · Recruitment and contract employment services

Significant events

• “Due to changes in business structure during the financial year decisions were taken to permanently close some offices in the US, with offices in Houston, San Diego and Arizona all being permanently closed resulting in additional cost of £150k for the cost of terminating the leases for those offices.”
• “During the course of the year the Group headcount reduced by 48%.”
• “The company exited its lease for its premises in the previous year and provision for the exit costs were also recognised in the financial statements. As a result of such, the company had no minimum lease commitments at 31 August 2023 and thus the future costs have been restated to £nil.”

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

Filings

5

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.