CLINITEK (STOKE) LLP

• ⚠

  Material uncertainty over going concern

  The financial statements have not been prepared on a going concern basis. The LLP has assets attributable to Members of £18,356,602 at 31 December 2024 (2023: £18,197,775). Whilst the designated members have received a letter of support from its ultimate beneficial owner which sets out that for the period of 12 months from the signing and approval of the financial statements, they will continue to provide any support necessary for the LLP to meet its day to day working capital requirements, there is also a review underway in respect of restructuring the ownership and operations which could see the assets and liabilities of the LLP being transferred to another entity. Whilst this is not certain to happen and has not completed, there is a potential it will within the next 12 months. As such there is a material uncertainty in relation to the going concern status of the LLP.

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

  —

  Not reported

• Cash

  -18.2%

  £301,959 → £246,941

• Net assets

  +0.9%

  £18,197,775 → £18,356,602

• Employees

  —

  Not reported

• Operating profit

  +49.4%

  -£1,501,570 → -£759,945

• Profit before tax

  +590.4%

  -£3,205,178 → £15,718,579

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have not been prepared on a going concern basis. The LLP has assets attributable to Members of £18,356,602 at 31 December 2024 (2023: £18,197,775). Whilst the designated members have received a letter of support from its ultimate beneficial owner which sets out that for the period of 12 months from the signing and approval of the financial statements, they will continue to provide any support necessary for the LLP to meet its day to day working capital requirements, there is also a review underway in respect of restructuring the ownership and operations which could see the assets and liabilities of the LLP being transferred to another entity. Whilst this is not certain to happen and has not completed, there is a potential it will within the next 12 months. As such there is a material uncertainty in relation to the going concern status of the LLP.”

Significant events

• “Whilst construction was completed in February 2023, it has been placed into a state of preservation with future renovation work planned.”
• “a review underway in respect of restructuring the ownership and operations which could see the assets and liabilities of the LLP being transferred to another entity. Whilst this is not certain to happen and has not completed, there is a potential it will within the next 12 months.”
• “Exceptional income represents a waiver of the member loan balances on the date of the sale of £16,478,524 (2023: £nil). In the prior year the designated members undertook an impairment review, an impairment charge of £1,704,644 was processed through the financial statements...”
• “Subsequent to the year end the entity is currently undergoing a restructuring review which has the potential to leave the LLP as no longer being needed with all assets and liabilities being novated to a new entity.”

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

Filings

5

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.