FEME LIMITED

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

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's 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

• “Since the first anniversary of the Ukraine Russian War in February 2023 (Russian forces invaded Ukraine on 24 February 2022) the UK and EU retail sectors have been challenged with soaring inflation which led to the cost-of-living crisis.”
• “UK business reported a 5% increase in sales in 2024-25 compared to the previous year.”
• “The increase in sales combined with favourable price from suppliers resulted in a healthy GP margin of 21.5% (2024: 20.5%).”
• “company faced the challenge of a gradual but consistent increase to operating cost throughout the past 12 months. This was mainly due to an increase in people costs, establishment costs and travel costs.”
• “Net operating profit for year ending March 2025 decreased to £108,383 from £126,042 the previous year.”
• “We have closed the Nelson unit & this should reduce our operating cost in 2025-26.”
• “interest income increased to £126,808 during this period (2024: £101,432).”
• “The Company's principal risks and uncertainties arise from rapid changes in fashion trends, increased competition in the market and trade challenges due to lingering post-Brexit export challenges, securing sufficient supply of raw materials, increase in freight charges due to the current macroeconomic climate and possible falling consumer demand.”

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

  +5.3%

  £16,884,018 → £17,781,416

• Cash

  +41.7%

  £3,135,808 → £4,443,701

• Net assets

  +0.7%

  £19,564,519 → £19,698,719

  highest in 6 filed years

• Employees

  -6.7%

  45 → 42

• Operating profit

  -14%

  £126,042 → £108,383

  first positive since 2021

• Profit before tax

  +3.4%

  £227,474 → £235,191

  first positive since 2021

• Wages

  +3.4%

  £1,568,271 → £1,621,968

  highest in 6 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