DERBY QUAD LIMITED

• ⚠

  Material uncertainty over going concern

  The Trustees have therefore concluded that certainly during the first half of the forecast period there are matters that indicate the existence of material uncertainties which may cast significant doubt about the Company's and/or Group's ability to continue as a going concern. Notwithstanding this material uncertainty, having assessed all scenarios and the options available to the Group, the Trustees have formed the judgement that it is appropriate to prepare the financial statements on a going concern basis.

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

  -24.3%

  £2,532,100 → £1,917,417

• Cash

  -36.2%

  £315,632 → £201,228

  lowest in 4 filed years

• Net assets

  -135.2%

  £201,984 → -£71,039

  lowest in 4 filed years

• Employees

  -27%

  63 → 46

  lowest in 4 filed years

• Profit before tax

  -1,086%

  £29,184 → -£287,744

• Wages

  -6.8%

  £922,014 → £859,106

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. DERBY QUAD LIMITED 2005-11-22 → present
2. DERBY VISUAL ARTS AND MEDIA CENTRE LIMITED 2005-05-27 → 2005-11-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Bates Weston Audit Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Trustees have therefore concluded that certainly during the first half of the forecast period there are matters that indicate the existence of material uncertainties which may cast significant doubt about the Company's and/or Group's ability to continue as a going concern. Notwithstanding this material uncertainty, having assessed all scenarios and the options available to the Group, the Trustees have formed the judgement that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. DERBY QUAD LIMITED · parent
   1. Derby Quad Enterprises Limited 100% · Derby

Significant events

• “re-structure and a change to opening hours, reducing from 7 days to 4, and a 50% reduction in staff across October and November 2024.”
• “FORMAT25 international photography festival was delivered in March 2025 across QUAD and the city and was a well-received success despite the challenges faced by QUAD.”

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.