NIMOGEN LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Edwards Veeder LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Sales of the key brand partners, Patek Philippe and Rolex, continued their upward trajectory during the accounting year and the ongoing investment programme in Rolex Certified Pre-Owned watches continued to produce further growth in turnover.”
• “Jewellery sales by volume reduced as this was the first full accounting year where jewellery imported from international manufacturers and suppliers was not retailed by the company. This reduced sales volume was mitigated by a significant increase in the average selling price.”
• “The new Patek Philippe environment in Wilmslow, with a dedicated window and two floors of showroom space, has had a positive impact on sales in its first full year of trading.”
• “At the Guildford showroom the fit out of 117 High Street commenced during the year which will double the window space and showroom footprint. The properties at 115 and 117 High Street will have separate entrances with an internal access between the two units.”

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

Filings

2

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

  +8.8%

  £55,467,035 → £60,323,771

  highest in 3 filed years

• Cash

  +60.8%

  £674,854 → £1,085,423

• Net assets

  +2%

  £23,779,722 → £24,258,195

  highest in 3 filed years

• Employees

  +3.5%

  85 → 88

  highest in 3 filed years

• Operating profit

  -9.6%

  £8,780,960 → £7,942,365

• Profit before tax

  -9.9%

  £8,798,098 → £7,928,339

• Wages

  +4.3%

  £5,384,625 → £5,614,261

  highest in 3 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