OPPORTUNITIES FOR SITTINGBOURNE LIMITED

• ⚠

  Material uncertainty over going concern

  The directors intend to sell the only property held by the company via an auction process within the next 12 months, after which it is the directors' expectation that a process will commence to dissolve the company in the most appropriate manner. Therefore, the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, all assets have been classified as current assets and stated at their recoverable value, and all liabilities have been classified as current liabilities.

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

  —

  Not reported

• Cash

  +108.3%

  £4,076 → £8,489

• Net assets

  -0.5%

  -£13,552 → -£13,615

• Employees

  —

  Not reported

• Operating profit

  +100%

  -£3,932 → £0

• Profit before tax

  +98.4%

  -£3,965 → -£63

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

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

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors intend to sell the only property held by the company via an auction process within the next 12 months, after which it is the directors' expectation that a process will commence to dissolve the company in the most appropriate manner. Therefore, the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, all assets have been classified as current assets and stated at their recoverable value, and all liabilities have been classified as current liabilities.”

Significant events

• “On 18 August 2025, the Directors elected to dispose of the trading property held by the Company and commence liquidation proceedings once the disposal has completed. On 18 September 2025, an agreement was reached at auction to sell the property held for £270,000. This will lead to a gain on disposal of £50,000. The Directors consider this a non-adjusting event as there was no contractual agreement in place to sell the property as at 31 March 2025.”

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

0

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.