ADJAYE/ASSOCIATES LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

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

  -62.8%

  £17,148,596 → £6,374,453

• Cash

  -49.2%

  £2,222,096 → £1,128,204

  lowest in 4 filed years

• Net assets

  -61.7%

  £4,493,877 → £1,721,485

  lowest in 4 filed years

• Employees

  -44.7%

  85 → 47

  lowest in 3 filed years

• Operating profit

  -159.9%

  -£700,542 → -£1,820,940

• Profit before tax

  -155.6%

  -£720,219 → -£1,840,919

  lowest in 4 filed years

• Wages

  -29%

  £5,051,135 → £3,585,306

  lowest in 4 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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Management have modelled the company's cash flows using different scenarios, considering the timing of ongoing projects, outgoings to subcontractors and variability on other costs. The director has provided a letter of support, confirming their personal financial support should the company require it. Therefore the director is confident that the business can meet its liabilities as they fall due for at least 12 months from the date of signing of these financial statements.”

Significant events

• “2024 was a challenging year for the UK construction sector, marked by falling output, rising costs, and a sharp decline in project starts across public and private sectors. High inflation, tighter budgets, and delays in public funding created a tougher environment for design and architecture practices.”
• “Notable projects the practice completed in 2024 were Bank Square, Bank of Ghana in Accra; King Salman Park Visitor Centre in Riyadh; Dot. Ateliers, Ghana; DREAM Charter School in the Bronx, New York.”

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.