HEDONISM DRINKS LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-04-28.

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 in the financial statements, which indicates that the Group has incurred a substantial loss in the current year and is reliant on existing shareholder loans not being recalled. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  +6.2%

  £54,954,884 → £58,376,296

• Cash

  -67.3%

  £599,975 → £196,356

  lowest in 6 filed years

• Net assets

  -25.1%

  £5,139,678 → £3,848,053

  lowest in 5 filed years

• Employees

  -9%

  279 → 254

• Operating profit

  -151%

  £1,400,216 → -£714,164

• Profit before tax

  -286.1%

  £725,310 → -£1,349,623

• Wages

  -7.4%

  £9,568,322 → £8,857,758

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BKL Audit LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 in the financial statements, which indicates that the Group has incurred a substantial loss in the current year and is reliant on existing shareholder loans not being recalled. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. HEDONISM DRINKS LIMITED · parent
   1. 85 Piccadilly Limited 100% · UK · hospitality sector
   2. 5 White Horse Limited 100% · UK · hospitality sector

Significant events

• “Subsequent to the year end, the directors made the decision to cease the trading of 5 White Horse Limited and to wind down its operations. As a result, the financial statements for 5 White Horse Limited for the year ending 31 July 2024 will be prepared on a break-up basis rather than a going concern basis.”

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

Filings

5

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.