DIGILED GROUP LTD

• ◆

  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

  -27.9%

  £16,536,366 → £11,914,958

• Cash

  +25.3%

  £5,115,352 → £6,411,757

  highest in 5 filed years

• Net assets

  -5.3%

  £4,228,856 → £4,002,707

• Employees

  0%

  31 → 31

• Operating profit

  -1.1%

  £560,722 → £554,313

• Profit before tax

  -1.2%

  £577,780 → £570,655

• Wages

  -19%

  £1,688,404 → £1,366,855

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. DIGILED GROUP LTD 2016-12-02 → present
2. DISPLAY LED GROUP LTD 2013-02-20 → 2016-12-02

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Galloways Accounting

Audit opinion

Qualified

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. DIGILED GROUP LTD · parent
   1. digiLED (UK) Limited 100% · UK · Supply of LED related products
   2. digiLED (HK) Limited 100% · Hong Kong · Supply of LED related products
   3. digiLED LLC 100% · New York, NY · Supply of LED related products
   4. Shenzhen digi Technology Co. Limited 100% · China · Supply chain management

Significant events

• “The Group enters the new financial year with a record order book and a healthy balance sheet, positioning it well to sustain growth and targeting total revenue of £20m.”

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

Filings

14

last 12 months

Capital events

3

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.