SPONGE GROUP HOLDINGS 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

  -18.5%

  £15,410,805 → £12,565,336

• Cash

  +138.7%

  £599,803 → £1,431,686

• Net assets

  -110.8%

  £4,963,084 → -£534,051

• Employees

  -9.9%

  171 → 154

• Operating profit

  +3.5%

  -£4,178,279 → -£4,029,996

• Profit before tax

  +5.4%

  -£5,808,980 → -£5,497,473

• Wages

  -16.5%

  £8,198,867 → £6,850,122

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. SPONGE GROUP HOLDINGS LIMITED 2020-12-10 → present
2. BOOST (TOPCO) LIMITED 2019-04-09 → 2020-12-10

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SPONGE GROUP HOLDINGS LIMITED · parent
   1. Sponge Group Limited 100% · England and Wales · Holding company and provision of management services.
   2. Sponge UK Limited 100% · England and Wales · The design and development of bespoke digital learning solutions.
   3. The Intentional Learning Company Limited 100% · England and Wales · Dormant.
   4. Skill-Pill Holdings Limited 100% · England and Wales · A holding company for Skill-Pill M-Learning Limited
   5. Skill-Pill M-Learning Limited 100% · England and Wales · Supply of digital learning content.
   6. Elmore Topco Limited 100% · England and Wales · A holding company for Sponge Germany GmBH and Sponge Belgium NV.
   7. Sponge Germany GmbH 100% · Germany · The provision of corporate compliance eLearning solutions.
   8. Sponge Belgium NV 100% · Belgium · The provision of corporate compliance eLearning solutions.

Significant events

• “There have been no significant events affecting the group since the year end.”

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

5

last 24 months

Officers appointed

1

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.