MERCHANTS ONLY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +361.7%

  £3,951,400 → £18,242,669

• Cash

  -20%

  £890 → £712

  lowest in 6 filed years

• Net assets

  +121.7%

  £358,521 → £794,817

  highest in 6 filed years

• Employees

  +93.1%

  29 → 56

  highest in 6 filed years

• Operating profit

  +209.9%

  £161,570 → £500,766

• Profit before tax

  +334.3%

  £108,848 → £472,766

• Wages

  +8,753.5%

  £18,691 → £1,654,807

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

Reporting scope

Consolidated group

Auditor

Barnes Roffe Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the period ending 12 months from the approval of these financial statements. No material uncertainties that cast significant doubt about the ability of the Group to continue as a going concern have been identified by the directors.”

Group structure

1. MERCHANTS ONLY LIMITED · parent
   1. LPB Homes Holdings Limited 0.875% · London, England, E11 1GA
   2. Upwood Distribution Limited 1% · London, England, E11 1GA
   3. LPB Homes Investments Limited 1% · London, England, E11 1GA
   4. Penny Pot Lettings Limited 1% · London, England, E11 1GA

Significant events

• “The financial year has been positive for the Group with revenue increases of 361.68%. Net assets have also increased to £795k from £359k.”
• “The directors still maintain a certain degree of caution amidst these fragile economic times but are extremely confident they have in place a very strong proposition, an enhanced brand, and products which should mean that the company is well positioned to capitalise on future opportunities.”
• “After continued strong performance, the Group still faces ongoing political instability and inflationary pressures which pose risks to the business.”

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

Filings

8

last 12 months

Capital events

1

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.