LONDON CAMERA EXCHANGE HOLDINGS 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

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

Bessler Hendrie LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LONDON CAMERA EXCHANGE HOLDINGS LIMITED · parent
   1. Camera Exchange (Guildford) Limited 100% · England & Wales · property company
   2. London Camera Exchange Limited 100% · England & Wales · retailer of photographic equipment
   3. London Camera Exchange Trustees Limited 100% · England & Wales · dormant

Significant events

• “The group successfully hosted the 'Photographer of the Year' Competition for the second consecutive year. The event was once again a success and contributed to raising the group's profile and visibility within the photographic community.”
• “During the year, several store refurbishments were undertaken. Notably, the Gloucester branch was relocated to a more spacious and visually appealing site, enhancing the customer experience.”
• “A significant year-long project was largely completed at the Guildford freehold property, modernising the entire building and optimising the use of space.”

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

Filings

4

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

  -0.7%

  £39,276,326 → £38,981,968

• Cash

  -13.5%

  £6,146,507 → £5,317,787

• Net assets

  +2%

  £10,079,788 → £10,280,424

• Employees

  +1.4%

  144 → 146

• Operating profit

  -21.1%

  £1,545,162 → £1,219,259

• Profit before tax

  -55.8%

  £1,631,545 → £721,685

• Wages

  +1.4%

  £4,557,015 → £4,619,775

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