BEDSPACE GROUP 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

  +16.3%

  £21,010,537 → £24,442,460

• Cash

  +23.4%

  £162,705 → £200,856

• Net assets

  -5.7%

  £1,936,400 → £1,825,814

• Employees

  +13.2%

  311 → 352

  highest in 3 filed years

• Operating profit

  -17.4%

  £972,967 → £803,431

• Profit before tax

  -22%

  £1,008,413 → £786,145

• Wages

  +21.1%

  £9,075,141 → £10,990,046

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

Ascendis Audit 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 and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”

Group structure

1. BEDSPACE GROUP LIMITED · parent
   1. Bedspace Holdings Limited 88%
   2. Bedspace Resource Limited

Significant events

• “The mandatory registration of supported accommodation for 16 and 17-year-olds, which began in 2023/24, reached full implementation during this financial year.”
• “The significant increases in the NLW (reaching £11.44 in April 2024 and further adjustments in 2025 to £12.21 with another rise to £12.71 due in April 2026) have reshaped the sector's financial landscape”
• “VAT changes introduced in 2024 regarding the 'welfare exemption' for certain care services”

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.