SOAPWORKS LIMITED

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

  -28.5%

  £11,529,755 → £8,245,960

  lowest in 3 filed years

• Cash

  -54.3%

  £223,808 → £102,281

• Net assets

  -537.7%

  -£440,710 → -£2,810,209

  lowest in 4 filed years

• Employees

  -14.6%

  103 → 88

  lowest in 4 filed years

• Operating profit

  -1,237.7%

  £181,740 → -£2,067,701

  lowest in 3 filed years

• Profit before tax

  -11,433.8%

  £19,486 → -£2,208,501

  lowest in 4 filed years

• Wages

  +9.5%

  £2,940,179 → £3,218,901

  highest in 4 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. SOAPWORKS LIMITED 2011-01-07 → present
2. LEMAC NO 2 LIMITED 2010-11-05 → 2011-01-07

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have satisfied themselves as to the validity of these assurances and that Global Organic Inc. has the means and authority to provide such funding as and when it is required. The directors acknowledge that had these assurances not been secured then uncertainty would exist which may cast doubt over the company's ability to continue as a going concern and therefore its ability to realise its assets and discharge its liabilities in the normal course of business. However, on the basis of the assurances received, the directors believe that no such material uncertainty exists.”

Significant events

• “The Company experienced a major reduction of its turnover by £3.28m from 2023. This reduction was due to multiple events inclusive of a major global customer unexpectedly entering administration in February, the contraction of the solid hair care market due to cost of living crisis and some clients moving sourcing to China.”
• “the company had to restructure to remain viable. The company engaged in consultation with its employees and trade union and restructured the business from May to August 2024. The restructure resulted in a reduction of the employees by a third as well as reducing its leased estate by circa 10%.”

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

1

last 12 months

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