GUARDIAN FINANCIAL SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  It should be noted that the letter of support provided by its Parent Company is not a guarantee and, if the Parent Company were to withdraw its support the Company would need to obtain alternative funding. 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

  +8.5%

  £51,541,267 → £55,933,598

• Cash

  -74.5%

  £1,071,261 → £272,874

• Net assets

  -20%

  -£108,529,584 → -£130,207,710

• Employees

  —

  Not reported

• Operating profit

  -2%

  -£19,679,788 → -£20,070,462

• Profit before tax

  -5.2%

  -£20,600,852 → -£21,678,126

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. GUARDIAN FINANCIAL SERVICES LIMITED 2018-01-26 → present
2. GRYPHON DISTRIBUTION LIMITED 2017-12-18 → 2018-01-26

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“It should be noted that the letter of support provided by its Parent Company is not a guarantee and, if the Parent Company were to withdraw its support the Company would need to obtain alternative funding. 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

• “In 2024 the business is still growing, increasing its distribution of profitable new business and growing market share in difficult market conditions. The increased total comprehensive loss for the year-end 31 December 2024 compared to the year-ended 31 December 2023 relates substantially to restructuring costs of £1.1m to optimise the business' operating model recognised within administrative expenses inclusive of the 10% mark up.”

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

Filings

6

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.