BUTTLE'S PLC

1. BUTTLE'S PLC 2023-04-06 → present
2. BUTTLE PLC. 1991-10-28 → 2023-04-06

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

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In making their going concern assessment the directors considered the financial position of the company at period end, in particular a net current liability position of £68,812 and a decline in the net asset position to £29,901. Post year end results to date and budgeted forecasts were also considered. Skylander Holdings Limited, which had signed an agreement post year end on 24 January 2025 to purchase the entire shareholding of Buttle's Plc in tranches by 1 July 2026, has confirmed they will support the company for a period of no less than 12 months from the date of signing these financial statements from the point majority share ownership in Buttle's Pic has been transferred to it which is expected to be on on before 1 July 2025 or when all payments due on or before 1 July 2025 has been made, whichever is later. In addition, a loan facility agreement of up to £800,000 was signed on 24 January 2025 with one of the company's shareholders which is repayable more than 12 months from the date of signing the accounts. As such, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “There have been no significant events affecting the Company since the balance sheet date other than those reported in the Strategic Report.”
• “Following the Balance Sheet date the Company's shareholders completed an agreement to sell the entire share capital to Skylander Holdings Ltd.”

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

Filings

4

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

  +17.4%

  £5,523,092 → £6,484,645

• Cash

  +2,591.6%

  £694 → £18,680

  highest in 3 filed years

• Net assets

  -91.8%

  £362,793 → £29,901

• Employees

  -18.9%

  37 → 30

• Operating profit

  +32.3%

  -£476,290 → -£322,433

• Profit before tax

  +31.9%

  -£488,918 → -£332,892

• Wages

  +9.1%

  £1,025,638 → £1,118,845

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