BREEZE STRATEGIC SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  At 31 March 2025, the Group was in breach of one of three financial covenants, which resulted in the Group's £12.0m term loan being classified as a current liability. The Group also reported a net liabilities position. These circumstances, plus general geopolitical risk, market uncertainty and sensitivity analysis, give rise to a material uncertainty that may cast significant doubt on the Group'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

  +92.4%

  £10,161,916 → £19,549,181

• Cash

  +57.6%

  £5,085,312 → £8,013,999

• Net assets

  -65.5%

  -£6,529,083 → -£10,805,585

• Employees

  +76.6%

  77 → 136

  highest in 3 filed years

• Operating profit

  -1,363.9%

  -£253,350 → -£3,708,906

• Profit before tax

  -143.4%

  -£3,583,712 → -£8,720,992

• Wages

  +56.7%

  £3,079,096 → £4,824,499

  highest in 3 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

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At 31 March 2025, the Group was in breach of one of three financial covenants, which resulted in the Group's £12.0m term loan being classified as a current liability. The Group also reported a net liabilities position. These circumstances, plus general geopolitical risk, market uncertainty and sensitivity analysis, give rise to a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern.”

Group structure

1. BREEZE STRATEGIC SERVICES LIMITED · parent
   1. Contained Air Solutions Limited 100% · England and Wales
   2. Breeze Acquisitions Limited 100% · England and Wales
   3. Almar Services Limited 100% · England and Wales
   4. Amercare Limited 100% · England and Wales
   5. Breeze Acquisitions 2 Limited 100% · England and Wales
   6. Breeze Acquisitions USA Limited 100% · USA
   7. Breeze USA Inc 100% · USA
   8. Biospherix Holdings LLC 60% · USA

Significant events

• “Two acquisitions were completed in the period to support the group's global coverage and complement the product portfolio. This was funded through additional debt facilities and new equity from shareholders.”
• “At 31 March 2025, the Group reclassified £12.0m of borrowings as current liabilities pending refinancing its debt obligations.”
• “Following the year end, the Group agreed amended financing arrangements with its lenders.”
• “On 1 April 2024, the group acquired 60 percent of the issued capital of Biospherix Holdings LLC.”
• “On 2 April 2024, the group acquired 100 percent of the issued capital of Amercare Holdings Limited.”
• “During the year, the company issued a further 39,353 A Ordinary shares of 1p at a premium of £25.97 per share.”
• “Amercare Holdings Limited was dissolved on 21 October 2025.”

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

Filings

13

last 12 months

Capital events

7

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.