CAUDWELL LTD

• ⚠

  Material uncertainty over going concern

  The accounts have been prepared on a going concern basis. Having carried out a detailed review of the company's resources and the challenges presented by the current economic climate, the directors are satisfied that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the accounts. This is however dependant on group companies not seeking repayment of the amounts due to them in this period; intercompany loans are repayable, in whole or in part, when the company determines that it has cash which it considers will not be required to meet its liabilities. The ultimate controlling party has indicated his intention to continue to make available such funds as are needed by the company to meet its liabilities as they fall due, and that no companies under his control will seek repayment of the amounts owed to them, for a period of not less than one year from the date that these financial statements are approved or until sufficient funding for the repayment of the debts becomes available. As with any company placing reliance on its ultimate controlling party for financial support, the Directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of the financial statements, they have no reason to believe that it will not do so.

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

  -3.3%

  £449,781 → £434,782

• Net assets

  -35.8%

  -£51,745,972 → -£70,280,600

• Employees

  +12.8%

  39 → 44

  highest in 5 filed years

• Operating profit

  +54.7%

  -£5,345,340 → -£2,418,885

  highest in 4 filed years

• Profit before tax

  +16.9%

  -£22,307,602 → -£18,534,628

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. CAUDWELL LTD 2020-02-11 → present
2. CAUDWELL COLLECTION LIMITED 2015-04-02 → 2020-02-11

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The accounts have been prepared on a going concern basis. Having carried out a detailed review of the company's resources and the challenges presented by the current economic climate, the directors are satisfied that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the accounts. This is however dependant on group companies not seeking repayment of the amounts due to them in this period; intercompany loans are repayable, in whole or in part, when the company determines that it has cash which it considers will not be required to meet its liabilities. The ultimate controlling party has indicated his intention to continue to make available such funds as are needed by the company to meet its liabilities as they fall due, and that no companies under his control will seek repayment of the amounts owed to them, for a period of not less than one year from the date that these financial statements are approved or until sufficient funding for the repayment of the debts becomes available. As with any company placing reliance on its ultimate controlling party for financial support, the Directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of the financial statements, they have no reason to believe that it will not do so.”

Group structure

1. CAUDWELL LTD · parent
   1. Caudwell Properties (109) Limited

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

Filings

4

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.