AROMATHERAPY ASSOCIATES 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 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In making this assessment, the Directors are in receipt of a letter of support from the ultimate parent company, Walgreens Boots Alliance, Inc. This confirms Walgreens Boots Alliance, Inc. will provide financial and operational support to the Company, to the extent that it cannot meet its obligations on a standalone basis, for a minimum period of 12 months from the date of signing these financial statements. The Directors have satisfied themselves that the ultimate parent company is both willing and able to provide this support, in the event that it is required. As such, the Directors have assessed that there is no material uncertainty surrounding the going concern of the Company and continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. AROMATHERAPY ASSOCIATES LIMITED · parent
   1. Aromatherapy Associates Inc 100% · USA
   2. AA Asia Limited 100% · Hong Kong
   3. AAI Aromatherapy Associates Ireland Limited 100% · Ireland

Significant events

• “The Directors do not foresee a change in the principal activity of the Company and expect the general level of activity to increase in the forthcoming year. This is as a result of expansion of distribution.”
• “On 24 September 2024, subsequent to the reporting period, Aromatherapy Associates limited provided a loan of £700,000 to Aromatherapy Associates Holdco Limited, its immediate parent company. The loan was granted to facilitate the recapitalisation of The Refinery Limited, another Group company, prior to its sale to a third party on 11 February 2025.”
• “On 2 June 2025 the company was recapitalised by its parent company, Aromatherapy Associates Holdco Limited. The company issued 12,595,000 ordinary shares of £1 each for cash consideration of £12,595,000. The proceeds of this share issue were in part used to fully repay £10,522,000 of amounts owed to group undertakings. Had this recapitalisation occurred at 31 August 2024, the company would have had net assets of £7,724,000.”

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

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -25.6%

  £9,637,000 → £7,168,000

• Cash

  +14.2%

  £1,388,000 → £1,585,000

• Net assets

  -19%

  -£4,093,000 → -£4,870,000

• Employees

  -22.2%

  54 → 42

• Operating profit

  +73.8%

  -£2,822,000 → -£739,000

• Profit before tax

  +62.1%

  -£2,997,000 → -£1,135,000

• Wages

  -33%

  £2,705,000 → £1,813,000

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