ASSOCIATED INDEPENDENT STORES LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. ASSOCIATED INDEPENDENT STORES LIMITED 1976-12-31 → present
2. ASSOCIATED DEPARTMENT STORES LIMITED 1967-08-08 → 1976-12-31

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 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the balance sheet date the group had a strong net asset position of £14,503,000 (2023: £14,895,000) with net current liabilities of £2,199,000 (2023: £1,010,000). In light of the above with the continued support of the group's bankers and availability of overdraft facility, the directors consider that the group will meet its liabilities as they fall due for a period of at least 12 months from the date of signing of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. ASSOCIATED INDEPENDENT STORES LIMITED · parent
   1. AIS Property Limited 100% · UK · Investment property
   2. Cenpac (A.I.S.) Limited 100% · UK · Central processing of payments
   3. Cranmore Park Ltd 100% · UK · Exhibition and events centre

Significant events

• “A UK High Court ruling issued on 26 October 2018 in the case of Lloyds Banking Group Pensions Trustees Limited v Lloyds Bank plc clarified the benefits due to members of certain UK defined benefit pension schemes.”
• “In response to the Court of Appeal ruling in 2024 in the case between Virgin Media and NTL Pension Trustees... Trustees have concluded that this could have some potential impacts on the scheme valuation, but until further investigations have been carried out no amendments can be made to the financials as there is not yet sufficient certainty to be able to make any reliable estimates.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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