HONEY MONSTER LIMITED

• ⚠

  Material uncertainty over going concern

  As at 31 December 2024, the group had net assets of £319,224 (2023: £35,031,655) and made a profit after tax of £5,245,808 (2023 loss: £7,448,291). The directors have considered the current financial position and results of the company and of the group. Following the disposal of the underlying asset of the group, the directors current intention is to proceed to liquidate the group and as such the financial statements of the company and group have been prepared on the basis other than going concern. The financial statements do not reflect any adjustments that may be required to the carrying values of assets or liabilities, nor do they consider any additional liabilities that may arise as a result of the liquidation process as there were no commitments at the reporting date.

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

  —

  Not reported

• Cash

  -38.1%

  £704,606 → £436,108

• Net assets

  -99.1%

  £35,031,655 → £319,224

• Employees

  —

  Not reported

• Operating profit

  +1,736.3%

  -£493,727 → £8,078,735

• Profit before tax

  +178.3%

  -£6,805,317 → £5,325,335

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 §1A

Reporting scope

Consolidated group

Audit opinion

Unaudited (audit-exempt)

Going concern

Material uncertainty disclosed

“As at 31 December 2024, the group had net assets of £319,224 (2023: £35,031,655) and made a profit after tax of £5,245,808 (2023 loss: £7,448,291). The directors have considered the current financial position and results of the company and of the group. Following the disposal of the underlying asset of the group, the directors current intention is to proceed to liquidate the group and as such the financial statements of the company and group have been prepared on the basis other than going concern. The financial statements do not reflect any adjustments that may be required to the carrying values of assets or liabilities, nor do they consider any additional liabilities that may arise as a result of the liquidation process as there were no commitments at the reporting date.”

Group structure

1. HONEY MONSTER LIMITED · parent
   1. HoneyMonster Holdco 1 Limited 100% · Jersey · investment and property development
   2. HoneyMonster Holdco 2 Limited 100% · Jersey · investment and property development
   3. Bridge Road Southall Limited 100% · England · investment and property development
   4. Bridge Road Southall Newco Limited 100% · England · investment and property development
   5. Bridge Road Southall 2 Limited 100% · England · investment and property development
   6. HM Devco Limited 100% · England · investment and property development

Significant events

• “The registered office was changed to 72 Welbeck Street, London, W1G OAY on 23 April 2024.”
• “The directors current intention is to proceed to liquidate the group following the disposal of the underlying asset of the group.”
• “On 25 March 2024, the company passed a special resolution to reduce the ordinary share capital of the company by the sum of £48,731,025 and such sum be transferred to the profit and loss account of the company.”
• “The loan was repaid on 28 March 2024, following disposal of the asset.”

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.