PARK RETAIL LIMITED

1. PARK RETAIL LIMITED 2004-11-09 → present
2. PARK FINANCIAL SERVICES LIMITED 1999-01-21 → 2004-11-09
3. PARK FOOD SERVICES LTD. 1988-05-05 → 1999-01-21
4. PARK HAMPER COMPANY LIMITED 1987-03-24 → 1988-05-05
5. KUS LIMITED 1945-12-17 → 1987-03-24

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. At 31 March 2025, the Company had cash at bank and in hand of £4,365k (2024: £27,897k). The Company has a resilient statement of financial position, with net assets of £61,806k (2024: £56,949k) as at 31 March 2025, having made a profit for the year of £7,857k (2024: £7,829k).”

Group structure

1. PARK RETAIL LIMITED · parent
   1. Brightdot Limited 100% · England & Wales · Dormant
   2. MaximB2B Limited 100% · England & Wales · Dormant

Significant events

• “The new partnership with InComm Payments, launched in October 2024, has enabled the distribution of Love2shop gift cards into major grocers and High St brands.”
• “On 14 May 2025, PayPoint and Utilita came to a settlement such that Utilita has withdrawn its claim against PayPoint. As part of this settlement, the two parties have agreed to a new 5-year contract for over-the-counter prepayment services.”
• “Exceptional costs arise from the Company's decision to vacate part of its leased Chapel Street, Liverpool premises in February 2025.”
• “The current year accelerated amortisation costs (£990k) relate to Love2shop's ERP system. As part of an e-commerce project initiated in the current year, certain modules of that system will be replaced by 31 March 2025, earlier than the previously expected date.”

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

Filings

6

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

  +11.1%

  £100,869,000 → £112,056,000

• Cash

  -84.4%

  £27,897,000 → £4,365,000

• Net assets

  +8.5%

  £56,949,000 → £61,806,000

• Employees

  -3.7%

  270 → 260

• Operating profit

  +3.9%

  £10,706,000 → £11,120,000

• Profit before tax

  +4.3%

  £10,456,000 → £10,908,000

• Wages

  -4.3%

  £12,829,000 → £12,271,000

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