EVERYDAY PEOPLE FINANCIAL SOLUTIONS LIMITED

• ⚠

  Material uncertainty over going concern

  Based on the above indications the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the existence of these circumstances represent a material uncertainty related to events of conditions that may cast significant doubt on the Company's ability to continue as a going concern, and therefore, that the Company may be unable to realise its assets and its discharge its liabilities in the normal course of business.

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

  -36.5%

  £8,639,634 → £5,486,078

  lowest in 3 filed years

• Cash

  -68.9%

  £2,039,290 → £633,696

  lowest in 3 filed years

• Net assets

  -27.4%

  £2,596,980 → £1,885,295

  first positive since 2022

• Employees

  -45.7%

  291 → 158

  lowest in 3 filed years

• Operating profit

  +92.7%

  -£9,919,876 → -£719,285

  highest in 3 filed years

• Profit before tax

  +93%

  -£10,214,166 → -£711,685

  highest in 3 filed years

• Wages

  -56.9%

  £9,518,104 → £4,097,569

  lowest in 3 filed years

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. EVERYDAY PEOPLE FINANCIAL SOLUTIONS LIMITED 2023-12-15 → present
2. ARVATO FINANCIAL SOLUTIONS LIMITED 2018-10-01 → 2023-12-15
3. ARVATO REGULATORY SERVICES LIMITED 2018-01-03 → 2018-10-01
4. ARVATO FINANCIAL SOLUTIONS LIMITED 2014-04-02 → 2018-01-03
5. BCW GROUP LIMITED 2011-03-01 → 2014-04-02
6. BCW GROUP PLC 2007-10-30 → 2011-03-01
7. BUCHANAN CLARK & WELLS LIMITED 2002-01-23 → 2007-10-30
8. HMS (404) LIMITED 2001-09-24 → 2002-01-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Henry Brown & Co

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Based on the above indications the Directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the existence of these circumstances represent a material uncertainty related to events of conditions that may cast significant doubt on the Company's ability to continue as a going concern, and therefore, that the Company may be unable to realise its assets and its discharge its liabilities in the normal course of business.”

Significant events

• “On October 31 2023, the Company was acquired by BPO Collections Limited ("BPO"), a wholly owned subsidiary of Everyday People Financial Corp. ("EP Financial"), a company registered in Canada.”

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

Filings

3

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.