CARRINGTON HULL ASSOCIATES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

P and Co (Partners) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“With a continued focus on improving margins and funding from the majority shareholder and ultimate controlling party, the directors have an expectation that the group has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. Therefore, they have adopted a going concern basis in preparing the financial statements.”

Group structure

1. CARRINGTON HULL ASSOCIATES LIMITED · parent
   1. Drakes Retail Limited 100% · England and Wales · Lease holding
   2. Drake's Holdings USA, Inc. 100% · New York, NY · Retail of men's clothing
   3. Drake's Crosby LLC 100% · New York, NY · Lease holding

Significant events

• “The group has also favourably settled lawsuit from 2021 that was brought on by the landlord of the Drake's New York City store. This removes a significant legal uncertainty and has allowed the group to release part of the provisions.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +19.6%

  £16,417,488 → £19,640,682

• Cash

  +362.9%

  £256,616 → £1,187,773

• Net assets

  +81.4%

  -£2,830,246 → -£527,576

• Employees

  +3.8%

  104 → 108

• Operating profit

  +49.8%

  £1,773,295 → £2,656,806

• Profit before tax

  +69.2%

  £1,310,265 → £2,217,498

• Wages

  +8.6%

  £3,327,917 → £3,615,042

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