THE VENDING PEOPLE LTD

• ⚠

  Material uncertainty over going concern

  Notwithstanding available mitigating actions, these give rise to material uncertainties relating to events or conditions that may cast significant doubt on the Group's ability to continue as a going concern. In preparing the Company's financial statements on a going concern basis, the directors of the company have assessed the ability of Montagu Group Limited to provide the support that may be required by the company until 30 June 2026. As noted above, there is a material uncertainty that may cast significant doubt on the Montagu Group's ability to continue as a going concern. Therefore, the Directors have concluded that this represents a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include any adjustments that would be necessary if the Company was unable to continue as a going concern.

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

  -8.9%

  £25,019,637 → £22,800,607

• Cash

  -46.1%

  £1,390,091 → £748,844

• Net assets

  -88.2%

  £1,488,149 → £175,159

• Employees

  -6.6%

  258 → 241

• Operating profit

  -411.9%

  £459,371 → -£1,432,611

• Profit before tax

  -636.7%

  £295,007 → -£1,583,270

• Wages

  +0.3%

  £7,325,960 → £7,350,709

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Notwithstanding available mitigating actions, these give rise to material uncertainties relating to events or conditions that may cast significant doubt on the Group's ability to continue as a going concern. In preparing the Company's financial statements on a going concern basis, the directors of the company have assessed the ability of Montagu Group Limited to provide the support that may be required by the company until 30 June 2026. As noted above, there is a material uncertainty that may cast significant doubt on the Montagu Group's ability to continue as a going concern. Therefore, the Directors have concluded that this represents a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include any adjustments that would be necessary if the Company was unable to continue as a going concern.”

Group structure

1. THE VENDING PEOPLE LTD · parent
   1. West Country Vending Services Limited 100% · Dormant
   2. Cambridge Vending Limited 100% · Dormant
   3. LTT Vending Limited 100% · Dormant
   4. Espresso Plus Limited 100% · Dormant
   5. Freedom Refreshments Limited 100% · Dormant
   6. Tavern Snacks Limited 100% · Sale of crisps, nuts and snacks to the licensed tr

Significant events

• “The Company commenced trading on 1 July 2021 following the acquisition of the trade and assets of Cambridge Vending Limited, Espresso Plus Limited, LTT Vending Limited and West Country Vending Service Limited, as part of a corporate restructuring within the Montagu Group.”
• “The Company for the year ended 30 June 2024 reported a loss before tax of £1,583,270 (2023 - £295,007) and an EBITDA, excluding loss on disposal of assets, of £100,526 (2023 - £2,090,319).”
• “Adjusted EBITDA 174,493 An adjusted EBITDA has been reported to consider adjustments made in-year to exceptional staff restructuring costs.”

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.