MULBERRY COMPANY (SALES) LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors acknowledge the existence of a material uncertainty in the severe but plausible scenario of either a prolonged macro climate downturn or the non-renewal of uncommitted facilities, and an inability to mitigate this impact through cost savings and working capital management.

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors acknowledge the existence of a material uncertainty in the severe but plausible scenario of either a prolonged macro climate downturn or the non-renewal of uncommitted facilities, and an inability to mitigate this impact through cost savings and working capital management.”

Significant events

• “On 20 June 2025, the Group announced a new fundraising initiative via a convertible loan note of £20m, with both its major shareholders Challice Limited and Frasers Group Plc, to further strengthen the balance sheet. The initiative was concluded and funds received by 14 July 2025.”
• “On 10 July 2025 the Group announced a conditional offer of new ordinary 5p shares to the remaining shareholders for an issue price of £0.975 per share. On 31 July 2025 107,720 new shares were issued under the offer raising £0.1m net of expenses.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -17%

  £101,532,000 → £84,301,000

• Cash

  +11.8%

  £1,254,000 → £1,402,000

• Net assets

  -48.3%

  -£31,592,000 → -£46,852,000

• Employees

  -25%

  376 → 282

• Operating profit

  -2.9%

  -£13,162,000 → -£13,546,000

• Profit before tax

  +0.3%

  -£15,326,000 → -£15,274,000

• Wages

  -11.8%

  £10,045,000 → £8,862,000

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