OSAN LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1.2 to the financial statements which explains that the directors do not consider it to be appropriate to adopt the going concern basis of accounting when preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 1.2.

1. OSAN LIMITED 1998-10-14 → present
2. OSAN (SCOTLAND) LIMITED 1994-01-28 → 1998-10-14
3. DALEMERRY LIMITED 1993-12-21 → 1994-01-28

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

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1.2 to the financial statements which explains that the directors do not consider it to be appropriate to adopt the going concern basis of accounting when preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 1.2.”

Group structure

1. OSAN LIMITED · parent
   1. Sock Shop Limited 100% · England and Wales · Dormant Company

Significant events

• “The company has implemented a strategy that will continue to focus on beneficial trading activities core to the business with results targeted to be realised in 2025/2026.”
• “The directors are optimistic about the company's potential for both revenue and profit growth over the coming years. The directors expect that the company will benefit from the development of a broader product range and an increased focus on online and end user sales.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -19.5%

  £8,672,124 → £6,984,620

• Cash

  +2.1%

  £23,107 → £23,598

• Net assets

  -5.3%

  £4,554,799 → £4,314,590

• Employees

  -18.8%

  64 → 52

• Operating profit

  +21%

  -£404,064 → -£319,272

• Profit before tax

  +21.4%

  -£406,478 → -£319,344

• Wages

  -9.8%

  £1,315,306 → £1,186,421

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