GERRY`S OFFSHORE INCORPORATIONS LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

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

  +4.8%

  £20,368,266 → £21,336,467

  highest in 4 filed years

• Cash

  +25%

  £230,324 → £287,905

• Net assets

  -11.2%

  -£8,263,461 → -£9,191,423

  lowest in 5 filed years

• Employees

  -5.9%

  544 → 512

• Operating profit

  +37.9%

  -£792,011 → -£492,033

• Profit before tax

  +15.7%

  -£1,100,677 → -£927,962

• Wages

  +3.5%

  £6,958,481 → £7,205,050

  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. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

KWSR & Co Chartered Accountants & Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the group and parent company's ability to continue as a going concern. The directors have reviewed forecasts for the period to June 2026, taking into account continued operating losses and net liabilities of £9.19m. The forecasts assume continued financial support from the directors. The directors have pledged to financially support the companies.”

Group structure

1. GERRY`S OFFSHORE INCORPORATIONS LIMITED · parent
   1. South West Coffee Ltd 95% · England · Costa Coffee Franchises
   2. Coffee Snobs Ltd 95% · England · Costa Coffee Franchises

Significant events

• “In August 2020, the Company acquired 95% of the share capital of two UK private limited companies, Coffee Snobs Ltd and South West Coffee Ltd. The companies were purchased from Kout Food Group Restaurants UK Limited for a consideration of £1.3 million.”
• “The Company has also obtained a secured credit facility in the amount of £5.9 million through HBL (Habib Bank Limited UK). The company has repaid £2.36 million of the loan as of June 2024, and as of March 2025, the entire loan amount has been settled with the bank.”
• “To support post-year-end store refurbishments and the development of Drive-Thru facilities, Mr. Anis Wali Mohammad, a director of the Company, has provided a loan totalling £5.6 million under a Director's loan agreement. The loan was disbursed in installments of £2 million in January 2022, £1.86 million up to December 2024, and £1.74 million in between the period from January - March 2025. The loan carries an interest rate of 2% per annum and is repayable in January 2029.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.