MARIGOLD MG1 LTD

• ◆

  3 officer resignations in last 12 months

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

1. MARIGOLD MG1 LTD 2026-02-05 → present
2. AGECARE MG1 LTD 2023-02-14 → 2026-02-05
3. SCIMITAR CARE HOTELS LIMITED 2023-01-16 → 2023-02-14
4. SCIMITAR CARE HOTELS PLC 1996-10-10 → 2023-01-16
5. SCIMITAR HOMES PLC 1988-03-07 → 1996-10-10
6. SCIMITAR RESIDENTIAL HOMES LIMITED 1985-10-21 → 1988-03-07
7. SCIMITAR INVESTMENTS LIMITED 1978-08-14 → 1985-10-21

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

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, the Directors continue to adopt the going concern basis of accounting in preparing the financial statements. Cashflow forecasts have been considered for a period through 12 months from the date of signing the financial statements and show adequate resources and facilities are available to enable the Company to continue to trade for the foreseeable future.”

Significant events

• “The company will continue to operate care homes in the United Kingdom and drive improved financial performance by actively evaluating opportunities for future expansion.”

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

3

last 12 months

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

• Turnover

  -8.7%

  £16,326,269 → £14,900,358

• Cash

  —

  Not reported

• Net assets

  -0.7%

  £30,960,446 → £30,742,187

  lowest in 4 filed years

• Employees

  -7.9%

  342 → 315

• Operating profit

  -11.3%

  £1,486,047 → £1,317,788

• Profit before tax

  -27.4%

  £1,478,220 → £1,073,236

• Wages

  -7.4%

  £8,711,216 → £8,068,039

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers