VAUXHALL SQUARE LIMITED

1. VAUXHALL SQUARE LIMITED 2013-09-30 → present
2. VAUXHALL CROSS LIMITED 1994-11-21 → 2013-09-30
3. AMESDALE LIMITED 1993-04-14 → 1994-11-21

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is in receipt of a letter of support from its ultimate parent company, CLS Holdings plc, (the 'Ultimate Parent Company') confirming that adequate resources will be made available to the Company to allow it to meet its liabilities as they fall due for the period until 31 July 2026, subject to the Company continuing to be a wholly owned direct or indirect subsidiary of the ultimate Parent Company. The Company's ability to meet future liabilities depends on the liquidity of its Ultimate Parent Company, and in turn, the Group it heads (the 'Group'). The financial statements of the Group and the Ultimate Parent Company for the year ended 31 December 2024 include a material uncertainty related to going concern as they are reliant upon their ability to both refinance their debt maturing and to complete a number of property disposals in the going concern period, which are dependent on circumstances outside their control. This may have a direct impact on the ability of the Ultimate Parent Company to provide the required financial support to the Company. Whilst the Directors of the Ultimate Parent Company remain confident that a combination of sufficient refinancing and property disposals will be achieved, the timing and value of both the planned refinancing of facilities falling due within the going concern period, and planned property disposals, are outside of management's control. Based on the above, the Company relies on its ultimate parent company for financial support, which is not guaranteed. This indicates that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern and therefore, the Company may be unable to realise its assets and discharge its liabilities in the normal course of business. Notwithstanding this material uncertainty on the going concern assumption, the Directors are confident that given the Group's track record, the Group and the Ultimate Parent Company's debt falling due for repayment in the going concern period will be refinanced or settled in line with plans, rather than requiring repayment on maturity, or will be extinguished as part of property disposals In the period and consequently, the Ultimate Parent Company will be able to provide the required support to the Company. Therefore, the Directors continue to adopt the going concern basis in preparing these Company financial statements. The financial statements do not include any adjustments that would be necessary if the Company were unable to continue as a going concern.”

Significant events

• “In January 2024, the share capital of the Company was reduced by £1 by reducing the nominal value of each issued fully paid up ordinary share from £1 to £0.50. The reduction in share capital of £1 was credited as distributable reserves within the 'Profit and loss account'.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +73,100%

  £1 → £732

• Net assets

  -14.7%

  £4,494 → £3,834

• Employees

  —

  Not reported

• Operating profit

  +80.5%

  -£4,575 → -£891

• Profit before tax

  -100.8%

  £110,646 → -£881

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