APPCO UK LTD

• ◆

  7 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. APPCO UK LTD 2018-05-25 → present
2. THE COBRA GROUP LIMITED 2018-05-24 → 2018-05-25
3. THE COBRA GROUP PLC 1999-07-08 → 2018-05-24
4. GRANTON HOLDINGS LIMITED 1997-11-12 → 1999-07-08

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

Consolidated group

Auditor

Loucas

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 group's and parent 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.”

Group structure

1. APPCO UK LTD · parent
   1. Appco Group Lotteries Limited 100% · London, N19 3JD · External lottery management services
   2. Appco Group Energy Ltd 100% · London, N19 3JD · Dormant
   3. Appco Group Support Ltd 100% · London, N19 3JD · Dormant
   4. Appco Group Telecommunications Ltd 100% · London, N19 3JD · Dormant
   5. Appco Group Financial Services Ltd 100% · London, N19 3JD · Dormant
   6. GBIS Direct Ltd 100% · London, N19 3JD · Dormant

Significant events

• “Over the last 12 months staff numbers have grown by 29% to ensure we are able to deliver the best value to our customers as the business continues to grow. The move to a larger premises has ensured that we are able to continue delivering to our great services to our customers.”

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

2

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

  +2.6%

  £23,677,705 → £24,289,883

• Cash

  +2.6%

  £1,259,170 → £1,291,551

• Net assets

  +8.1%

  £8,638,252 → £9,336,339

• Employees

  +29.2%

  24 → 31

• Operating profit

  +24.9%

  £456,459 → £570,214

• Profit before tax

  +12%

  £867,622 → £972,168

• Wages

  -9.5%

  £3,078,858 → £2,784,935

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