L.U.S.U. SERVICES COMPANY LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. L.U.S.U. SERVICES COMPANY LIMITED 2003-12-10 → present
2. L.U.S.U. TRADING COMPANY LIMITED 1997-07-29 → 2003-12-10

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The accounts have been prepared on a going concern basis. Based on budgeted and forecast, Balance Sheet and cashflow forecasts and receipt of a signed letter of financial support from the Parent, Lancaster University Students' Union, for which covers at least 12 months from the date of the approval of these financial statements, the Directors have a reasonable expectation that the Company will have adequate resources for the foreseeable future. Current trading prospects, operational risks and working capital requirements are also reviewed. The directors will closely monitor the number of attendances, profit margin and overheads.”

Significant events

• “The company ceased trading from its retail outlet at the end of the financial year.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -6%

  £2,566,387 → £2,411,319

• Cash

  -67.3%

  £351,258 → £114,786

• Net assets

  -50.5%

  £231,108 → £114,425

• Employees

  +12.5%

  8 → 9

• Profit before tax

  -126.5%

  -£51,508 → -£116,683

• Wages

  +11.3%

  £263,528 → £293,298

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