GOBRANDS UK HOLDINGS LTD

• ⚠

  Material uncertainty over going concern

  As such, and due to the Group's funding structure, the Company will be reliant on the continued funding from Group companies. The Company's ultimate parent, GoBrands Inc, for the provision of the financial support required for its continued operation for a period of not less than 12 months from the date of approval of these financial statements. The Group company has prepared forecasts for 5 years in assessing the level of support required, which indicate that the Group will refinance certain debt facilities that mature within the going concern period in the ordinary course of business. Whilst the directors fully anticipate that continued financing or appropriate alternative financing solutions will be made available in due course, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability 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

  +30.5%

  £78,178,102 → £101,996,176

• Cash

  -39.3%

  £9,834,633 → £5,971,543

• Net assets

  -24.4%

  -£110,491,348 → -£137,410,863

• Employees

  -36.5%

  842 → 535

• Operating profit

  +46.5%

  -£48,372,341 → -£25,868,859

• Profit before tax

  +41.4%

  -£51,656,089 → -£30,295,208

• Wages

  -24.2%

  £43,199,024 → £32,736,126

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. GOBRANDS UK HOLDINGS LTD 2022-04-28 → present
2. GOBRANDS INTERNATIONAL UK LTD 2022-04-11 → 2022-04-28
3. FANCY DELIVERY UK LTD 2020-08-05 → 2022-04-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As such, and due to the Group's funding structure, the Company will be reliant on the continued funding from Group companies. The Company's ultimate parent, GoBrands Inc, for the provision of the financial support required for its continued operation for a period of not less than 12 months from the date of approval of these financial statements. The Group company has prepared forecasts for 5 years in assessing the level of support required, which indicate that the Group will refinance certain debt facilities that mature within the going concern period in the ordinary course of business. Whilst the directors fully anticipate that continued financing or appropriate alternative financing solutions will be made available in due course, these circumstances represent a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”

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

Filings

3

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.