OAKSTONE MERCHANT BANK 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 —. 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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. OAKSTONE MERCHANT BANK LIMITED 2012-07-05 → present
2. OAKSTONE CAPITAL LIMITED 2012-02-29 → 2012-07-05

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

TC Group

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company continues to seek potential clients and investors. Notwithstanding the company's accumulated losses, the company is free from external debt and has minimal fixed overheads, and maintains a healthy level of liquidity relative to its cost base. While business opportunities are being sought, the directors ensure liquidity and working capital is available to meet the low cost base of the company and funding is available where required. This also includes ensuring that the regulatory capital requirement imposed by the Financial Conduct Authority is satisfied and, with this in mind, further capital was injected into the business during the year. The principal shareholder, who is also a director, has indicated a willingness to continue to support the company and the directors are confident that further funding will be provided should it be required. The directors have a reasonable expectation that the company will generate further revenues in the future, and be able to meet its liabilities as they fall due, and they therefore continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “During the period, additional capital of £7,500 was received from the existing shareholders and they have indicated a willingness to provide further funding should it be required in the future.”
• “During the year the company received revenue of £10,000 from an entity under common control (2024: Nil).”

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

Filings

2

last 12 months

Capital events

2

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.