BIC U.K. LIMITED

1. BIC U.K. LIMITED 2000-05-26 → present
2. BIRO BIC LIMITED 1944-08-04 → 2000-05-26

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of their going concern assessment, the Directors have prepared forecasts for a period of at least twelve months from the date the financial statements are signed. The Directors have considered inflation, impact of global conflicts, volatility in interest rate and exchange rate markets and the economic ripple effect on the global economy. Management has included the impact of these factors in their forecasts which, even with a significant fall in turnover as a result of the unstable UK economy, demonstrate that the business can continue to operate as a going concern. Management considers the forecasts to be prudent even allowing for the impact of a recession, given the nature of BIC's business it has historically been less impacted by recession than other areas of the business due to essential nature of the goods sold. The Directors have therefore determined that there is no material uncertainty that casts doubt on the Company's ability to continue as a going concern.”

Group structure

1. BIC U.K. LIMITED · parent
   1. BIC Holdings Southern Africa Proprietary Limited 95% · South Africa · Manufacturing and distribution of stationery
   2. BIC Malawi Limited 95% · Malawi · Manufacturing and distribution of stationery
   3. BIC (South Africa) (RF) Proprietary Limited 95% · South Africa · Manufacturing and distribution of stationery
   4. BIC Mocambique Limitada 94% · Maputo · Manufacturing and distribution of stationery
   5. BIC Zambia Limited 95% · Zambia · Manufacturing and distribution of stationery

Significant events

• “Post balance sheet events: There have been no significant events affecting the Company since the year end.”

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

Filings

2

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.

• Turnover

  +1.4%

  £51,147,000 → £51,869,000

• Cash

  -23.6%

  £1,047,000 → £800,000

• Net assets

  -4.9%

  £27,095,000 → £25,772,000

• Employees

  +2%

  51 → 52

• Operating profit

  -21.3%

  £2,339,000 → £1,841,000

• Profit before tax

  -0.6%

  £7,174,000 → £7,130,000

• Wages

  +7.4%

  £4,934,000 → £5,301,000

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