LONDON CLUBS GLASGOW LIMITED
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Cash
£478k
-13.6% lowest in 3 filed years
Net assets
-£56m
-8.3% lowest in 3 filed years
Employees
79
-8.1% lowest in 3 filed years
Profit before tax
-£4.3m
-67.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Material uncertainty over going concern
While the directors are confident in the Group's underlying business performance and its ability to continue as a going concern, the specific outcome of this strategic review and its potential impact on the Company's future operations, financial position and access to funding support from the Group, remain uncertain. The director believes that this represents a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £6,787,000 | £6,838,000 | £7,230,000 | +5.7% | |
| Operating profit | £1,070,000 | £801,000 | -£1,126,000 | -240.6% | |
| Profit before tax | -£1,829,000 | -£2,559,000 | -£4,284,000 | -67.4% | |
| Net profit | -£1,829,000 | -£2,559,000 | -£4,284,000 | -67.4% | |
| Cash | £529,000 | £553,000 | £478,000 | -13.6% | |
| Total assets less current liabilities | -£41,699,000 | -£46,242,000 | -£50,973,000 | -10.2% | |
| Net assets | -£48,913,000 | -£51,472,000 | -£55,756,000 | -8.3% | |
| Equity | — | — | — | — | |
| Average employees | 85 | 86 | 79 | -8.1% | |
| Wages | £2,342,000 | £2,368,000 | £2,478,000 | +4.6% | |
| Directors' remuneration | — | £0 | £0 | — | |
| Directors' pension contributions | — | £0 | £0 | — | |
| Highest paid director | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 15.8% | 11.7% | -15.6% | |
| Net margin | -26.9% | -37.4% | -59.3% | |
| Gearing (liabilities / total assets) | 1148.5% | 1193.3% | 4600.1% | |
| Current ratio | 0.03x | 0.02x | 0.02x | |
| Interest cover | 0.37x | 0.24x | -0.36x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“While the directors are confident in the Group's underlying business performance and its ability to continue as a going concern, the specific outcome of this strategic review and its potential impact on the Company's future operations, financial position and access to funding support from the Group, remain uncertain. The director believes that this represents a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OSWALD, Alexis George | Director | 2014-10-27 | Mar 1981 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COHEN, Michael Daniel | Secretary | 2007-05-17 | 2014-04-04 |
| GORMAN, Jeremy Philip | Secretary | 2003-11-18 | 2007-05-16 |
| KAUSHAL, Krishan | Secretary | 2017-11-01 | 2022-06-23 |
| OSWALDS OF EDINBURGH LIMITED | Corporate Nominee Secretary | 2003-11-18 | 2003-11-18 |
| ATWOOD, Charles Lafayette | Director | 2007-04-02 | 2008-12-19 |
| BRUNS II, John Frederic | Director | 2007-12-31 | 2008-01-28 |
| CRABTREE, Martin Nicholas | Director | 2006-06-06 | 2007-09-30 |
| HARDY, George Barry Conyers | Director | 2003-11-18 | 2007-03-30 |
| HAYWARD, Patrick Henry | Director | 2003-11-18 | 2006-05-10 |
| JENKIN, Thomas Michael | Director | 2019-02-08 | 2020-07-15 |
| LILLIS, Linda Mary | Director | 2003-11-18 | 2006-04-06 |
| LOVEMAN, Gary William | Director | 2007-04-02 | 2015-07-01 |
| RAMM, Roy Alfred Charles | Director | 2006-05-10 | 2015-05-01 |
| ROTHWELL, Michael | Director | 2007-04-02 | 2019-03-21 |
| SILBERLING, Michael John | Director | 2008-04-14 | 2014-10-28 |
| TIMMINS, William | Director | 2007-04-02 | 2007-10-01 |
| TUTHILL, Gerald Reed | Director | 2019-04-10 | 2019-12-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| London Clubs Management Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 98 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-14 | AA | accounts | Accounts with accounts type full | |
| 2026-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-16 | AA | accounts | Accounts with accounts type full | |
| 2025-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-27 | AA | accounts | Accounts with accounts type full | |
| 2024-02-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-03-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-02-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-06 | AA | accounts | Accounts with accounts type full | |
| 2021-07-15 | CH01 | officers | Change person director company with change date | |
| 2021-03-18 | AA | accounts | Accounts with accounts type full | |
| 2021-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-05 | TM01 | officers | Termination director company with name termination date | |
| 2020-02-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-03 | AA | accounts | Accounts with accounts type full | |
| 2019-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2019-07-10 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.