THE KESWICK ENTERPRISES NETWORK 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

  +18.5%

  £47,150,838 → £55,871,860

• Cash

  +303.6%

  £978,296 → £3,948,661

• Net assets

  -168%

  £2,201,828 → -£1,498,072

• Employees

  -4.3%

  232 → 222

• Operating profit

  -154.8%

  -£800,530 → -£2,039,611

• Profit before tax

  -257.4%

  -£1,288,397 → -£4,604,703

• Wages

  +1.9%

  £5,260,779 → £5,358,945

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

Xeinadin Audit Limited Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have therefore prepared forecasts including projected cash flows for twelve months from the date of their approval of these financial statements. These forecasts indicate that with the cash injections by way of deferred loans from the majority shareholder, that the group will be able to meet its working capital requirements through its existing facilities. Mr John Harvey, the majority shareholder continues to support the group with working capital funding as and when needed to ensure the group remains within its current banking facilities. With the restructure of the group that has taken place in 2025, the group is forecast to return to profitability in 2026.”

Group structure

1. THE KESWICK ENTERPRISES NETWORK LIMITED · parent
   1. The Keswick Enterprises Group Ltd 100% · UK · consulting services
   2. Spatial Global Ltd 100% · UK · freight forwarding and post services
   3. Keswick Food Services Group Ltd 100% · UK · non trading holding company
   4. SGL Co Packing Ltd 100% · UK · co packing services
   5. Food Services Worldwide Ltd 100% · UK · supplies to the confectionary industry
   6. Severndale Ltd 100% · UK · supplies to the confectionary industry (EU)
   7. Event-a-Porter Ltd 78% · UK · catering and event management
   8. ICON Foods Ltd 78% · UK · Confectionary wholesale
   9. Assembly & Packaging Services Ltd 100% · UK · assembly and packaging services
   10. Trust Engineering Services Ltd 100% · UK · equipment leasing supplier
   11. Keswick International Holdings Ltd 100% · UK · non trading holding company
   12. Tibbett Industrial Buildings SRL 100% · Romania · property company
   13. Entrad SRL 57% · Romania · electrical appliance wholesaler

Significant events

• “The reorganisation was implemented in 2024.”
• “2024 was a year of mixed fortunes in our different subsidiaries.”
• “Three subsidiaries have ceased or are planned to cease operations during Q4 2025. They are APS; ICON and e-a-p.”
• “In preparation for the cessation of operations an assessment of each has been undertaken and major provisions have been made in the Group Accounts for slow moving stock and other related cessation costs.”
• “The group is forecast to return to profitability in 2026.”

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.