THOMPSON LEISURE LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 16 in the financial statements, which discloses that the company's trade financing facilities, with a balance of £10,332,808 as at 31 December 2024 and the going concern accounting policy. The company's ability to continue as a going concern depends on its continued access to these facilities and compliance with the maturities of the various agreements and terms. An inherent material uncertainty exists on the directors assessment of the continuance of such facilities.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  +44%

  £16,441,382 → £23,674,677

• Cash

  -33.1%

  £948,225 → £634,047

• Net assets

  +4.9%

  £2,299,980 → £2,412,714

  highest in 5 filed years

• Employees

  +18.2%

  33 → 39

  highest in 5 filed years

• Operating profit

  -23.3%

  £1,289,476 → £988,841

• Profit before tax

  -45.4%

  £1,042,785 → £569,441

• Wages

  +16.6%

  £1,160,205 → £1,352,661

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

Standalone (parent only)

Auditor

RBCA Limited

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“We draw attention to Note 16 in the financial statements, which discloses that the company's trade financing facilities, with a balance of £10,332,808 as at 31 December 2024 and the going concern accounting policy. The company's ability to continue as a going concern depends on its continued access to these facilities and compliance with the maturities of the various agreements and terms. An inherent material uncertainty exists on the directors assessment of the continuance of such facilities.”

Significant events

• “During the year, the Company identified two errors in the classification of certain balances in prior years. These have been corrected by way of prior year adjustments and the comparative figures have been restated accordingly. This included reclassification of fixed assets and trade finance/stocking loans.”

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.