MASTER DISTRIBUTOR LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 15 months prior. 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

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing of these financial statements. This is based on cashflow projections. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. MASTER DISTRIBUTOR LIMITED · parent
   1. Cloud Nine ANZ Pty Ltd 100% · Australia · E-commerce and retail of electrical hair styling products

Significant events

• “The directors are aware of the impact of the changing economic environment and uncertainty this brings to the retail and consumer sectors and remain resilient to these changes. The company has multiple routes to market which mitigates these risks, and the board remains confident in the continued growth of the business.”
• “The company maintains a close relationship with its suppliers to ensure a continuous supply of products and works jointly on innovation and R&D activities.”
• “The company recognises that its reputation is key to the ongoing success of the business and is determined to operate in a manner which exceeds customers and suppliers expectations.”
• “The directors are committed to investing in the business to achieve long term, sustainable growth. This includes continuing to innovate in terms of product offering, building trust and loyalty with customers, focusing on international expansion, and supporting employees achieve their personal objectives.”
• “CLOUD NINE is also committed to the Nurture+ programme, the brand-new professional programme, which will be a key focus over the coming months.”
• “The company has provided a cross guarantee, including fixed and floating charges, over all assets and monies owed to HSBC Bank PLC as part of a group wide banking arrangement. The amount guaranteed at 31 March 2026 was £16,000,000 (31 March 2025 - £nil).”

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

Filings

7

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.