NECTAR SLEEP LTD

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

  +24.4%

  £13,607,255 → £16,929,813

• Cash

  +235.9%

  £440,560 → £1,479,658

• Net assets

  -9.6%

  -£7,808,376 → -£8,558,498

  lowest in 4 filed years

• Employees

  0%

  11 → 11

• Operating profit

  -209.7%

  -£276,913 → -£857,555

• Profit before tax

  -209.7%

  -£276,913 → -£857,555

• Wages

  +21.5%

  £1,133,766 → £1,377,353

  highest in 4 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

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has the ongoing support of the parent company and this has been confirmed by way of a letter of support which confirms continued support for the foreseeable future. Due to the current expectation that sufficient resources will be provided to the company with the necessary support the director continues to prepare the financial statements of the entity on the going concern basis.”

Significant events

• “Turnover for the year amounted to £16,929,813 (2023: £13,607,255), an increase of 24% compared to the prior year. Focus for the year was to improve contribution margin.”
• “The gross margin percentage increased to 49.7% (2023: 49.3%) during the year, reflecting the decrease of material costs and returns.”
• “2024 was a period of transition for the UK economy. While the high inflationary environment began to recede, and some stability returned, businesses and consumers continued to exercise caution.”
• “The Consumers Price Index (CPI) was 4% in Jan and decreased to 2.5% by Dec. Consumer Confidence improved YoY; Jan'24 was -19 vs -45 in Jan 23 and Dec'24 was -17 vs -22 Dec'23.”
• “The company made an operating loss of £857,555 (2023: £276,913). Management continues to maintain a tight control of overheads as the business grows, notwithstanding the challenging cost of living conditions.”
• “The company expects further revenue growth in the current year, as the product offering continues to be expanded. The director anticipates challenges in the wider UK economy, as a result of inflationary pressures, tariffs and more fragile consumer confidence.”
• “The company's activities are potentially exposed to a downturn in the UK as a result of inflationary pressures and fragile consumer confidence. The company has sought to manage this risk by ensuring it has a diversified product offering and omnichannel approach with its retail launch in June 2022.”

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

Filings

4

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.