JOE BROWNS LTD

1. JOE BROWNS LTD 1998-10-07 → present
2. G R DOBSON & SON LIMITED 1990-10-24 → 1998-10-07
3. HURRYSCHEME LIMITED 1990-09-17 → 1990-10-24

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed a period of at least 12 months from the date of approval of these financial statements and have considered the use of the going concern assumption appropriate in preparing these financial statements, including an exercise on the impairment of fixed assets and have not identified any factors that may give rise to uncertainty over the Company's ability to continue as a going concern. Sales have increased during the year, the gross margin has improved alongside reduced marketing costs and efficiencies in the cost of taking and dispatching of orders. The Company continues to have a significant cash position of £8.5m (2024: £7.3m), a strong net current asset position at £15.0m (2024: £13.1m) and net asset position of £16.7m (2024: £15.1m). The Company's healthy cash balance at the year-end gives it strength and flexibility, particularly in buying decisions. This, along with the other factors included within the Business Review and Future Developments section of the Strategic Report, supports the director's assessment that no factors give rise to a material uncertainty over the going concern assumption.”

Significant events

• “During the year, the business saw an increase in gross margin from 60.0% to 61.8%. This was the result of selling less product with a discount enabled by the work done to increase the product's appeal. Marketing expenditure decreased by £0.9m as the Company successfully sought to market more efficiently to its customers. Employment costs rose £0.7m during the year as the Company continued to enhance its team, especially in e-commerce. Operating profit increased by £3.6m in the financial year, leading to a profit before tax of £2.0m, and EBITDA increased by £3.6m to £2.4m.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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

  +10.5%

  £40,563,291 → £44,837,435

• Cash

  +16.4%

  £7,341,437 → £8,544,992

• Net assets

  +10.3%

  £15,126,370 → £16,680,207

• Employees

  -1.7%

  181 → 178

• Operating profit

  +195.1%

  -£1,855,192 → £1,764,387

  first positive since 2024

• Profit before tax

  +225.1%

  -£1,635,100 → £2,045,770

  first positive since 2024

• Wages

  +9.3%

  £5,940,167 → £6,490,097

  highest in 6 filed years

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