UNITED BRANDS OF SCANDINAVIA LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-28 (in 1mo)
Last made up 2025-06-14
Watchouts
Cash
£627K
+66.5% highest in 6 filed years
Net assets
£7M
+4% vs 2023
Employees
21
0% vs 2023
Profit before tax
£249K
-67.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Note 25 to the financial statements which explains that the parent company New Wave Group AB as part of a group reorganisation have made the decision to transfer the trade to another UK subsidiary and as a result the company will cease to trade on the 1 January 2026. It is therefore not appropriate to adopt the going concern basis of accounting in preparing the financial statements.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £6,919,543 | £5,326,444 | |
| Operating profit | — | — | — | — | £889,725 | £255,148 | |
| Profit before tax | — | — | — | — | £777,062 | £249,277 | |
| Net profit | — | — | — | — | £558,087 | £271,690 | |
| Cash | £432,439 | £491,690 | £581,081 | £506,738 | £376,307 | £626,546 | |
| Total assets less current liabilities | — | — | — | — | £6,965,870 | £7,057,901 | |
| Net assets | — | — | — | — | £6,786,211 | £7,057,901 | |
| Equity | — | — | — | — | £6,786,211 | £7,057,901 | |
| Average employees | — | — | — | — | 21 | 21 | |
| Wages | — | — | — | — | £625,724 | £671,054 | |
| Directors' remuneration | — | — | — | — | £65,485 | £81,517 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-23%
£6,919,543 £5,326,444
-
Cash
+66.5%
£376,307 £626,546
highest in 6 filed years
-
Net assets
+4%
£6,786,211 £7,057,901
-
Employees
0%
21 21
-
Operating profit
-71.3%
£889,725 £255,148
-
Profit before tax
-67.9%
£777,062 £249,277
-
Wages
+7.2%
£625,724 £671,054
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 12.9% | 4.8% | |
| Net margin | — | — | — | — | 8.1% | 5.1% | |
| Return on capital employed | — | — | — | — | 12.8% | 3.6% | |
| Gearing (liabilities / total assets) | — | — | — | — | 22.1% | 9.9% | |
| Current ratio | — | — | — | — | 4.46x | 10.09x | |
| Interest cover | — | — | — | — | 7.84x | 31.63x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Note 25 to the financial statements which explains that the parent company New Wave Group AB as part of a group reorganisation have made the decision to transfer the trade to another UK subsidiary and as a result the company will cease to trade on the 1 January 2026. It is therefore not appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- UNITED BRANDS OF SCANDINAVIA LIMITED · parent
- United Brands Textiles Ireland Limited 100%
Significant events
- “On the 7 May 2025 the parent company New Wave Group AB as part of a group reorganisation made the decision to transfer the trade of the company to another UK subsidiary and therefore the company will cease to trade on the 1 January 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FREWER, Amy Elisabeth | Director | 2014-02-01 | Oct 1983 | Welsh |
| HÄRSTEDT, Carl Göran | Director | 2014-06-16 | Oct 1965 | Swedish |
| JANSSON, Sten Tomas | Director | 2014-06-16 | Apr 1965 | Swedish |
| JANSSON, Ulf Torsten | Director | 2014-06-16 | Sep 1962 | Swedish |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FRIBERGER, Henrik | Secretary | 2005-06-14 | 2005-08-09 |
| WELLS, Andrew | Secretary | 2005-08-10 | 2008-05-23 |
| BERGQVIST, Esa | Director | 2014-06-16 | 2020-01-17 |
| BERGQVIST, Esa | Director | 2007-11-01 | 2014-02-01 |
| GREBY, Frans Magnus Sebastian | Director | 2005-06-14 | 2007-11-06 |
| HOLM WAHLE, Kurt Peter | Director | 2005-06-14 | 2006-12-31 |
| KOSKI, Peter | Director | 2005-07-10 | 2005-09-30 |
| MCCARTAN, Graeme Douglas | Director | 2007-01-01 | 2007-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ulf Torsten Jansson | Individual | Voting 75–100% | 2023-09-15 | Active |
| New Wave Group Ab | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2025-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-26 | AA | accounts | Accounts with accounts type full | |
| 2024-02-14 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-13 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-17 | AA | accounts | Accounts with accounts type full | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | AA | accounts | Accounts with accounts type full | |
| 2021-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-25 | AA | accounts | Accounts with accounts type full | |
| 2020-06-17 | AA | accounts | Accounts with accounts type full | |
| 2020-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-28 | TM01 | officers | Termination director company with name termination date | |
| 2019-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-06-10 | AA | accounts | Accounts with accounts type full | |
| 2018-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-05-24 | AA | accounts | Accounts with accounts type full | |
| 2017-06-16 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.