SPRINT LOANS LIMITED

1. SPRINT LOANS LIMITED 2004-11-08 → present
2. HENLY SECURITIES LIMITED 1988-01-11 → 2004-11-08

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The current economic conditions create uncertainty particularly over the strength of the housing market, the ability of borrowers to repay their debts and the availability of bank finance. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company is expected to be able to operate within the confines of the loan facility made available by its parent company for a period of at least twelve months from the date of signing of these financial statements. The parent company is funded via a third party, which was renewed in the financial year. Thus the Directors continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “Demand for short-term finance in the UK remains strong and the company will continue to take advantage of the present business conditions to consolidate our position in the marketplace.”

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

  +2.6%

  £4,163,231 → £4,269,937

• Cash

  +1,117.6%

  £8,378 → £102,011

• Net assets

  +4.7%

  £7,239,584 → £7,577,518

• Employees

  —

  Not reported

• Operating profit

  -28.3%

  £1,901,146 → £1,363,812

• Profit before tax

  -55%

  £1,000,231 → £450,579

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