BRIDGETHORNE LIMITED

1. BRIDGETHORNE LIMITED 1999-08-04 → present
2. BRIDGETHORNE TRADING LIMITED 1997-04-15 → 1999-08-04

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current assets of £352,000 as at 31 December 2024, a loss for the period then ended of £262,000 and a net cash increase of £97,000, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Company has secured a reasonable pipeline of work which, when combined with cost reduction schemes (should they be needed). should provide a basis for the business to continue successfully for the immediate future. The directors have prepared cash flow forecasts through to the period ending May 2026 which indicate that, taking into account reasonably possible downsides, that the Company will have sufficient funds to continue to trade. As a consequence, the directors believe that the Company is well placed to manage its business risks successfully despite the current uncertain economic outlook. After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual reports and accounts.”

Significant events

• “100% of the parent company's capital was purchased by IQVIA Ltd on 2 May 2024 and IQVIA Holdings Inc. became the ultimate parent undertaking on that date.”
• “The Company was controlled by Ceuta Holdings Limited until 2 May 2024. During the period the company advanced a further loan of £nil (year ended 31 March 2024: £120,000) and received net loan repayments of £nil (year ended 31 March 2024: £1,387,000) from Ceuta Holdings Limited.”
• “1HQ Limited was owned 70% by Ceuta Holdings Limited until 2 May 2024. On this date Ceuta Holdings Limited acquired the remaining 30% shareholding.”

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

0

last 12 months

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

• Turnover

  -31.5%

  £2,023,000 → £1,385,000

• Cash

  +72.9%

  £133,000 → £230,000

• Net assets

  -42.7%

  £614,000 → £352,000

• Employees

  +150%

  6 → 15

• Operating profit

  -1,039.5%

  £38,000 → -£357,000

• Profit before tax

  -451%

  £100,000 → -£351,000

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