BEWL EVENTS & WATERPARK LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-29.

• ⚠

  Material uncertainty over going concern

  At 31 March 2024, the company had net current liabilities of £3,971,149 and net assets of £2,368,851. The company is reliant on continued support from its parent company, SQIB Limited, and its wider group. These events or conditions indicate a material uncertainty that may cast significant 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

  +8.5%

  £13,582 → £14,743

  highest in 4 filed years

• Cash

  —

  Not reported

• Net assets

  -18.9%

  £2,922,492 → £2,368,851

• Employees

  0%

  4 → 4

• Profit before tax

  -51.6%

  -£57,454 → -£87,089

  lowest in 5 filed years

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At 31 March 2024, the company had net current liabilities of £3,971,149 and net assets of £2,368,851. The company is reliant on continued support from its parent company, SQIB Limited, and its wider group. These events or conditions indicate a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “The company entered into an agreement on 27 January 2020 with fellow group companies to secure a group loan by means of fixed charges, floating charges and security over the assets of the company.”
• “The company has entered into a debenture on 13 July 2021 with Markerstudy Limited.”
• “On 13 January 2023, SQIB Ltd entered into an agreement with Glas Trust Corporation Ltd who holds fixed and floating charges over all land and intellectual property.”

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.