THIRD REPUBLIC LIMITED

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

  -18.7%

  £20,671,928 → £16,816,402

• Cash

  -31.2%

  £829,227 → £570,301

• Net assets

  -19.3%

  £882,814 → £712,849

• Employees

  -43.5%

  62 → 35

• Operating profit

  +96.2%

  -£1,449,827 → -£54,679

• Profit before tax

  +97.9%

  -£1,458,713 → -£30,000

• Wages

  -34.5%

  £4,888,962 → £3,200,166

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. THIRD REPUBLIC LIMITED 2014-11-10 → present
2. STRATEGIC CLOUD LIMITED 2014-10-31 → 2014-11-10

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Nunn Hayward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis. 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 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. The group has access to invoice financing facilities that fund most of the contractor costs, and there is sufficient headroom in the rolling cash flow forecasts to cover continued trading for the foreseeable future.”

Group structure

1. THIRD REPUBLIC LIMITED · parent
   1. Third Republic Inc 100% · USA
   2. Third Republic GmbH 100% · Germany

Significant events

• “2024 presented ongoing challenges for the business, prompting continued strategic reshaping to navigate tough trading conditions. The directors purposefully significantly reduced costs, totalling circa £2.2m across headcount/salaries and indirect expenses, while preserving growth potential.”
• “After a slow down in the global economy we are not planning any big investments in new offices and will not be increasing headcount over the coming months.”

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

Filings

3

last 12 months

Capital events

5

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.