OTTERDENE LIMITED

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

  +4.3%

  £10,385,128 → £10,836,525

• Cash

  -42.7%

  £2,557,683 → £1,464,909

• Net assets

  -25.7%

  £6,247,164 → £4,644,477

• Employees

  +10.5%

  38 → 42

  highest in 3 filed years

• Operating profit

  +14.3%

  £2,676,364 → £3,058,734

• Profit before tax

  +14.4%

  £2,696,363 → £3,084,022

• Wages

  +18.7%

  £1,035,134 → £1,228,805

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

Standalone (parent only)

Auditor

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “The principal risk in the retail outlet sector is the increase of online sales. This is mitigated by the fact that the company deals in impulse low-priced items which aren't generally purchased online.”
• “Another risk is interruption of supply from the Far East. This is somewhat mitigated by the large stock levels held enabling continued supply for some time before running out.”
• “Also, there is a risk of a downturn in spending due to Cost of Living. This is mitigated by the sale of lower priced economy goods that are bought even when the population has less to spend.”
• “There is a risk of poor weather in the summer season but the company constantly looks for product that isn't weather dependent to mitigate this risk.”
• “The final risk is from cheap competitors entering the market using loss leader products to gain sales. Otterdene uses its strong customer relationships and quality brands to mitigate the risk.”

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.