STAGE ONE GROUP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -36.5%

  £25,549,753 → £16,226,399

• Cash

  -27.5%

  £8,146,288 → £5,903,198

• Net assets

  -8.1%

  £14,624,569 → £13,438,065

• Employees

  +0.7%

  139 → 140

• Operating profit

  -114.1%

  £3,717,910 → -£522,509

• Profit before tax

  -109.6%

  £3,742,696 → -£360,135

• Wages

  +1.2%

  £6,260,030 → £6,335,972

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. STAGE ONE GROUP LIMITED 2018-02-14 → present
2. STAGE ONE CREATIVE SERVICES COMPANIES LIMITED 2011-12-23 → 2018-02-14

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Clive Owen LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. STAGE ONE GROUP LIMITED · parent
   1. Stage One Creative Services Limited 100% · England and Wales · Construction of stage sets.
   2. Flux Axis Limited 100% · England and Wales · Digital manufacturing and 3D printing.
   3. Stage One Hire Limited 100% · England and Wales · Hire of metal structures.
   4. CES Electrical Services Ltd 100% · England and Wales · Dormant.
   5. Stage One Limited 50% · England and Wales · Dormant.
   6. Stage One FZ LLC 100% · Abu Dhabi, UAE · Construction of stage sets.

Significant events

• “This financial year proved to be a very challenging one, compared to previous years, where the Group experienced a reduction in turnover due largely to decreased market demand for our services.”
• “Margins remain a core focus of the business, particularly in the context of continued inflationary pressure on energy, materials, and labour. Persistent diligence in costing, procurement and process continues to serve the Group well and positively influences margin across projects of all sizes.”
• “The Middle East region again made a major contribution to sales. The territory remains particularly tame and provides a positive influence on overall profitability. Geopolitical instability in this territory does not appear to have had a negative effect on our trading relationship within the region. The coming year is already seeing increased levels of activity that will certainly contribute to project revenues.”
• “Except for an increased administration overhead, the impact of Brexit on the business has been negligible.”

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.