BAMBOO CLOTHING LTD

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  Material uncertainty over going concern

  We draw attention to Note 2 in the financial statements, which indicates that the Company has incurred losses and reported unsatisfactory trading results during the current and preceding financial years. As stated in Note 2, the Company's ability to continue as a going concern is dependent upon the successful implementation of management's plans to improve financial performance and achieve forecast trading results. These events or conditions, along with the other matters set out in Note 2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.

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  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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. BAMBOO CLOTHING LTD 2005-12-12 → present
2. TSF SPECIAL PRODUCTION LIMITED 2004-01-15 → 2005-12-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Westcotts (SW) LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 2 in the financial statements, which indicates that the Company has incurred losses and reported unsatisfactory trading results during the current and preceding financial years. As stated in Note 2, the Company's ability to continue as a going concern is dependent upon the successful implementation of management's plans to improve financial performance and achieve forecast trading results. These events or conditions, along with the other matters set out in Note 2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “The most immediate risk for BAM is liquidity and working capital as the business experienced an operating cash outflow during the year. The directors have prepared forecasts and cash-flow projections and are implementing cost reductions, operational efficiencies and actions to increase revenue and profitability. Successful delivery of these plans is central to improving cash generation and supporting the company's ongoing development.”

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

Filings

4

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.