DAIWA SPORTS LIMITED

1. DAIWA SPORTS LIMITED 1977-12-31 → present
2. LEGIBUS THIRTY-EIGHT LIMITED 1977-01-24 → 1977-12-31

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having reviewed the financial strength of the Company and the Group, the Directors are satisfied that the Group, and the Company itself, will remain funded for the Going Concern period through to 30 September 2026. The Directors have therefore concluded it is appropriate for the financial statements to be prepared on a going concern basis.”

Significant events

• “The market continues to be challenging and competitive.”
• “Inflation and interest rates are higher than forecast resulting in growth stagnating in 2025.”
• “On 16 June 2023 the High Court issued a ruling in respect of Virgin Media v NTL Pension Trustees II Limited (and others) calling into question the validity of rule amendments made to defined benefit pension schemes contracted out on a Reference Scheme Test basis between 6 April 1997 and 5 April 2016. Amendments to these pension schemes over this time required confirmation from the Scheme Actuary that the Reference Scheme Test would continue to be met. In the absence of such a confirmation, the rule amendment would be void. This ruling could have wide-ranging implications for many UK pension schemes. In July 2024 the Court of Appeal upheld the judgement.”

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

0

last 12 months

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

• Turnover

  +7.1%

  £21,071,811 → £22,559,590

• Cash

  -22.9%

  £754,253 → £581,238

• Net assets

  +9.5%

  £9,135,495 → £10,005,845

• Employees

  -3.4%

  145 → 140

• Operating profit

  +4,033.2%

  -£13,338 → £524,616

• Profit before tax

  +222.4%

  -£403,995 → £494,350

• Wages

  +6%

  £3,701,843 → £3,923,429

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