NORTHERN MONK BREWING CO. LTD

• ⚠

  Material uncertainty over going concern

  In making these assumptions, the directors acknowledge that in the current uncertain economic climate, together with the sensitivity of these assumptions on the forecast headroom, that if forecasts are not met the Company will require further funding which has not yet been committed. Therefore, in the Directors' opinion this represents a material uncertainty which may cast doubt on the Company's ability to continue as a going concern.

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

  +18.1%

  £13,818,966 → £16,318,054

• Cash

  +64.5%

  £33,262 → £54,724

• Net assets

  +1,684.5%

  £56,827 → £1,014,050

• Employees

  +10.1%

  99 → 109

• Operating profit

  +14.2%

  -£1,450,872 → -£1,245,063

• Profit before tax

  +7.2%

  -£2,135,810 → -£1,981,419

• Wages

  +15.2%

  £2,923,362 → £3,367,522

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

Auditor

BHP LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In making these assumptions, the directors acknowledge that in the current uncertain economic climate, together with the sensitivity of these assumptions on the forecast headroom, that if forecasts are not met the Company will require further funding which has not yet been committed. Therefore, in the Directors' opinion this represents a material uncertainty which may cast doubt on the Company's ability to continue as a going concern.”

Significant events

• “An investment into the business during the year of £1m was raised by way of convertible loans from existing shareholders.”
• “A further, post year end investment of £1,927,315, in form of share issue via a Crowd fund has strengthened the company's Balance Sheet and provided funds to invest in the company's medium term strategy, that should see it further grow and strengthen.”
• “Post year end, the Company issued a further £0.5m of convertible loan notes. All the convertible loan notes totalling £1,500,000 were subsequently converted to equity in January 2025, which strengthened the Company's balance sheet.”
• “£2,870,887 of convertible loan notes were converted to equity on 26 January 2024 (see note 20). Following this, a further £1,000,000 of convertible loan notes were issued.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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.