PYRAMID POSTERS 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

Consolidated group

Auditor

Magma Audit LLP (part of the Dains Group)

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In assessing this, the directors prepare forecasts (financial and cash-flow) to ensure that the company has sufficient facilities in place to meet their liabilities as they fall due. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. PYRAMID POSTERS LIMITED · parent
   1. No. 999 Leicester Limited 100% · England · Holding company
   2. Pyramid Europe GmbH 90% · Germany · Wholesale of licenced merchandise

Significant events

• “Our UK entity Pyramid Posters Limited, saw a reduction in total sales of 1% compared to 2023, however this was impacted by the company experiencing a cyber attack in January 2024. Although appropriate provisions have been made in these financial statements for insurance proceeds received, the company lost approximately 1 month's turnover as a consequence of the incident.”
• “Additionally, these financial statements reflect significant charges for bad debts of £793,421 (2023: £36,388) and impairment of investments of £282,495 (2023: £nil), predominantly due to the liquidation of Hole In The Wall B.V. and Pyramid France.”
• “On 1 October 2024 a share-for-share exchange was undertaken whereby the shareholders of Pyramid Posters Limited exchanged their shares for shares in Pyramid Posters Holdings Limited, which became the new parent company of the group.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1%

  £28,003,789 → £27,723,048

• Cash

  -39.7%

  £3,226,927 → £1,946,869

• Net assets

  +3.8%

  £7,678,834 → £7,968,835

• Employees

  +0.7%

  145 → 146

• Operating profit

  +39.3%

  £471,224 → £656,570

• Profit before tax

  -21.8%

  £645,987 → £505,042

• Wages

  +8.7%

  £4,680,142 → £5,088,763

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