RADLEY + CO. LIMITED

• ⚠

  Material uncertainty over going concern

  If the projected results are not achieved and performance is in line with management's downside stress test case, debt covenants could be breached, and additional finance may be required. In this regard and in light of the current external environment, this indicates that there is a material uncertainty related to events or conditions that may cast significant

1. RADLEY + CO. LIMITED 2006-07-05 → present
2. THE TULA GROUP OF COMPANIES LIMITED 2003-01-27 → 2006-07-05
3. THE TULA GROUP OF COMPANIES PLC 1991-01-15 → 2003-01-27

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

Consolidated group

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“If the projected results are not achieved and performance is in line with management's downside stress test case, debt covenants could be breached, and additional finance may be required. In this regard and in light of the current external environment, this indicates that there is a material uncertainty related to events or conditions that may cast significant”

Group structure

1. RADLEY + CO. LIMITED · parent
   1. Radley Hong Kong Limited 100% · Hong Kong · Non-trading
   2. Radley Netherlands B.V 100% · Lelystad · Non-trading
   3. Radley Outlets Limited 100% · England · Non-trading
   4. Radley Retail Limited 100% · England · Non-trading
   5. Radley USA, LLC 100% · Delaware · Retail and wholesale of bags and accessories

Significant events

• “On 22 July 2025, the Company, as the assignor, and Laddie Midco Limited, as the assignee, an intermediate parent of the Company, entered into a trademark licence arrangement for a value of £4.3m. This is considered a non-adjusting event after period end.”

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

Filings

11

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

  -8.6%

  £71,975,000 → £65,805,000

• Cash

  +74.2%

  £884,000 → £1,540,000

• Net assets

  -33%

  £16,998,000 → £11,385,000

• Employees

  -10.9%

  450 → 401

• Operating profit

  -59.6%

  -£661,000 → -£1,055,000

• Profit before tax

  -221.3%

  -£1,727,000 → -£5,548,000

• Wages

  -12.3%

  £12,990,000 → £11,392,000

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