HMY UK INNOVATION IN RETAIL LTD

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -1.8%

  £17,485,000 → £17,175,000

• Cash

  -24.2%

  £2,207,000 → £1,674,000

• Net assets

  -6.4%

  £4,841,000 → £4,532,000

• Employees

  -1.7%

  60 → 59

• Operating profit

  -73.1%

  £1,373,000 → £369,000

• Profit before tax

  -145.2%

  -£126,000 → -£309,000

• Wages

  -5.1%

  £2,702,000 → £2,565,000

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. HMY UK INNOVATION IN RETAIL LTD 2016-11-21 → present
2. RADFORD HMY GROUP LIMITED 2009-03-03 → 2016-11-21
3. RADFORD SHELVING LIMITED 2006-06-06 → 2009-03-03
4. DE FACTO 1373 LIMITED 2006-05-19 → 2006-06-06

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors confirm their assumption that the Company will continue as a going concern. The directors have prepared cash flow forecasts based upon data available at the date of signing of the accounts. Cash flow forecasts show that although 2025 is a year of challenges and growth the company does not expect to require any funding in the next 12 months to achieve this.”

Significant events

• “Looking ahead, and as part of our expansion strategy, there is a high likelihood of completing a merger with a company in the sector by 2025.”
• “On 31 January 2025, LBO France Gestion were acquired by ITAB Shop Concept AB, a company incorporated in Sweden. These are now considered to be the ultimate parent undertaking and controlling party.”

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

4

last 12 months

Officers resigned

3

last 12 months

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