SLEEP BRANDS LIMITED
Get an alert when SLEEP BRANDS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£531K
Latest balance sheet
Net assets
-£3M
Equity attributable
Employees
63
Average over period
Profit before tax
-£3M
Period ending 2024-12-31
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £359,952 | £16,746,296 | |
| Operating profit | — | £285,295 | -£2,555,722 | |
| Profit before tax | — | £285,295 | -£2,824,104 | |
| Net profit | — | £213,498 | -£2,816,187 | |
| Cash | — | £96,629 | £531,089 | |
| Total assets less current liabilities | — | £103,500 | -£2,792,084 | |
| Net assets | — | £103,500 | -£2,792,084 | |
| Equity | £0 | £103,500 | -£2,792,084 | |
| Average employees | — | 2 | 63 | |
| Wages | — | £18,192 | £2,663,700 | |
| Directors' remuneration | — | £18,192 | £13,644 |
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
Year-on-year
FY2024 → FY2024 · period ending 2024-12-31 vs 2024-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 79.3% | -15.3% | |
| Net margin | — | 59.3% | -16.8% | |
| Return on capital employed | — | 275.6% | 91.5% | |
| Current ratio | — | 2.37x | 0.36x | |
| Interest cover | — | — | -9.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Affinia (Stratford)
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. During the year the group made a loss of £2,816,187 (31 March 2024: profit of £213,498) and had net liabilities of £2,792,084 (31 March 2024: surplus of £103,500). During the period, the main trading subsidiary company underwent a change in ownership in Spring 2024, with new investors, being the parent company, committing substantial financial resources to fund operational restructuring. As at 31 December 2024 the Group owed its directors a total if £4,034,000 and the directors have expressed their intention to continue supporting the group. There is no fixed repayment date and these funds will no be repayable until the group is in a position to do so. The management, supported by this new investment, anticipates this restructuring will significantly increase the profitability and improve cash flows for the company from Autumn/Winter 2025. Given these developments, management believes that the company's financial stability is sufficiently assured to continue as a going concern.”
Group structure
- SLEEP BRANDS LIMITED · parent
- Lombok Investments Limited 90%
- Swyft Home Limited 90%
- Swyft Home Europe, Unipessoal, LDA 90%
Significant events
- “Subsequent to the year end, a subsidiary of the group secured £1,500,000, an interest-bearing loan from from a related party at an average rate of 6.6%. The loan is repayable by 31 December 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FAZIO, Gian Andrea | Director | 2023-03-02 | Feb 1979 | British |
| FAZIO, Karolina | Director | 2023-03-02 | Apr 1984 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Karolina Fazio | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2023-03-02 | Active |
| Mr Gian Andrea Fazio | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2023-03-02 | Active |
Filing timeline
Last 11 of 11 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-09 | SH01 | capital | Capital allotment shares | |
| 2026-01-26 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-19 | SH01 | capital | Capital allotment shares | |
| 2025-12-04 | AA | accounts | Accounts with accounts type group | |
| 2025-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-12-05 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-02 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.