BAILEY STREET FURNITURE GROUP LIMITED

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

  -16.1%

  £11,188,897 → £9,391,844

• Cash

  -68.4%

  £972,263 → £307,702

• Net assets

  -38.3%

  £2,201,437 → £1,357,225

• Employees

  -6.6%

  76 → 71

• Operating profit

  -307.3%

  £339,680 → -£704,286

  lowest in 3 filed years

• Profit before tax

  -648.1%

  £167,025 → -£915,471

  lowest in 3 filed years

• Wages

  -7.3%

  £2,909,135 → £2,697,797

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. BAILEY STREET FURNITURE GROUP LIMITED 2022-12-12 → present
2. CYCLEPODS LIMITED 2006-04-23 → 2022-12-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore NHC Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements under the going concern assumption. This decision is based on the support letter received form CROWD BV, which provides assurance of continued financial backing. Additionally, the cash flow forecasts indicate sufficient liquidity to meet our obligations as they fall due. We remain confident in our ability to continue operations and fulfil our commitments to stakeholders.”

Significant events

• “Bailey Street Furniture Group Limited experienced a challenging year in 2024, with turnover decreasing to £9.4 million from £11.2 million in 2023. This decline was primarily due to the restructuring process following the amalgamation of the Bailey Group Companies with Bailey Street Furniture Group Limited in 2023. The restructuring in 2024 involved significant organisational changes, particularly within the front facing & operational elements of the business. During this period, there were prolonged vacancies within the sales team, which contributed to the lower sales performance, plus poor market conditions within the UK education sector. Despite these particular challenges, the restructuring at a Sales & Operational level have now been successfully completed and with a new and focused SLT team in position, this provides us with an ideal platform for growth in the future.”
• “During the year, the following subsidiaries were dissolved: Crowd UK Holding Limited, AMV Playground Solutions Limited, Artform Urban Furniture Limited, Bailey Streetscene Limited, Street Furniture Direct Limited, Cyclepods Limited.”

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

1

last 12 months

Officers resigned

1

last 12 months

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