GRYPHON GROUP HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The Company is dependent on the ongoing trade and revenue it receives from GFS. GFS financial statements, includes a material uncertainty relating to going concern as they are reliant on their parent company for financial support, who requires funding from the Company's ultimate parent Punter Southall Group Limited which is not a guarantee. These conditions represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern and therefore that it might be unable to realise its assets and discharge its liabilities in the ordinary course of business.

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

  +1.5%

  £30,636,996 → £31,087,085

• Cash

  -67.2%

  £641,913 → £210,384

• Net assets

  +11.3%

  £25,193,841 → £28,051,705

• Employees

  +14.1%

  191 → 218

• Operating profit

  -8.1%

  £2,858,973 → £2,626,147

• Profit before tax

  +3.1%

  £2,464,681 → £2,540,987

• Wages

  +7.9%

  £11,700,208 → £12,619,643

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company is dependent on the ongoing trade and revenue it receives from GFS. GFS financial statements, includes a material uncertainty relating to going concern as they are reliant on their parent company for financial support, who requires funding from the Company's ultimate parent Punter Southall Group Limited which is not a guarantee. These conditions represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern and therefore that it might be unable to realise its assets and discharge its liabilities in the ordinary course of business.”

Significant events

• “The Company recognised £1.0m of restructuring costs to optimise the business' operating model.”
• “The value of the right of use asset and lease liability reduced in 2023 when the Company reassigned the lease for a floor, that it hadn't occupied, to another business.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.