CHARCOALBLUE LLP

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 to the financial statements which explains that the members intend to cease the trade of the LLP when the partnership's business is incorporated via a transfer of the trade and net assets to a newly incorporated limited company. Therefore the members do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than as a going concern as described in note 2.3. Our opinion is not modified in respect of this matter. The financial statements have been prepared on a basis other than going concern. As detailed in Note 23 the LLP is expected to cease trading during 2026 when its trade, certain assets (including the LLP's subsidiaries), and liabilities are transferred to a newly incorporated limited company under the control of the LLP's partners. The LLP will continue to operate as normal until the transfer of trade and net assets occurs, and the business will continue to trade through that limited company after the transfer date.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -21.5%

  £20,613,915 → £16,176,786

• Cash

  -48.2%

  £564,358 → £292,512

  lowest in 5 filed years

• Net assets

  +15.5%

  £3,041,580 → £3,512,057

  highest in 5 filed years

• Employees

  -8.8%

  148 → 135

• Operating profit

  -28.1%

  £2,904,063 → £2,089,264

• Profit before tax

  -27.9%

  £2,835,113 → £2,045,199

• Wages

  -24.5%

  £11,860,110 → £8,950,915

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.

1. CHARCOALBLUE LLP 2012-05-31 → present
2. CHARCOALBLUE 2012 LLP 2012-03-12 → 2012-05-31

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Bishop Fleming Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 to the financial statements which explains that the members intend to cease the trade of the LLP when the partnership's business is incorporated via a transfer of the trade and net assets to a newly incorporated limited company. Therefore the members do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than as a going concern as described in note 2.3. Our opinion is not modified in respect of this matter. The financial statements have been prepared on a basis other than going concern. As detailed in Note 23 the LLP is expected to cease trading during 2026 when its trade, certain assets (including the LLP's subsidiaries), and liabilities are transferred to a newly incorporated limited company under the control of the LLP's partners. The LLP will continue to operate as normal until the transfer of trade and net assets occurs, and the business will continue to trade through that limited company after the transfer date.”

Group structure

1. CHARCOALBLUE LLP · parent
   1. Charcoalblue International Ltd 100% · England · Theatre and acoustic consultancy
   2. Charcoalblue LLC 100% · USA · Theatre and acoustic consultancy
   3. Charcoalblue Pty Ltd 100% · Australia · Theatre and acoustic consultancy

Significant events

• “Since the period end the partners have commenced plans to incorporate the business in mid-2026. The incorporation is expected to be effected by the transfer of the LLP's trade and net assets to a newly incorporated limited company under the control of the LLP's partners. The business of the LLP will then be continued through that limited company. Until such time as the LLP is dissolved it will continue in existence as a non-trading entity and as a result these financial statements have been prepared on a basis other than going concern.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.