SCREWFIX SPARES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SCREWFIX SPARES LIMITED 2023-03-16 → present
2. BARGAIN BOB'S LIMITED 2003-10-23 → 2023-03-16
3. AROMATIC DUCK LIMITED 1998-07-24 → 2003-10-23
4. SCANRIDGE LIMITED 1998-07-06 → 1998-07-24

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 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Net liabilities at the balance sheet date are £(3.8)m (31st January 2024: £(3.9)m), and net current liabilities are £(5.8)m (31st January 2024: £(5.9)m), and the Company is forecasting to generate positive EBITDA and cashflows before the end the year ending 31st January 2026. Based on the Company's liquidity position and cash flow projections at both the balance sheet date and the approval date for the financial statements, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and they continue to adopt the going concern basis of accounting in preparing the annual financial statements. Screwfix Direct Limited have provided a letter of support to the Company for the 12-month period from authorising these financial statements, and the directors have assessed Screwfix Direct Limited's ability to provide the required support and determined the business to have sufficient resources.”

Significant events

• “The Company was acquired by Screwfix Direct Limited (SDL) from Kingfisher Marketplaces Limited on 30th May 2024 as part of an internal restructuring within the Kingfisher Group. The consideration for the acquisition was £457,500.”
• “Subsequent to the acquisition on 30th May 2024, the Company received an equity injection of £3,042,500 from SDL on 1st July 2024, ensuring the Company remains well-capitalised and able to finance its ongoing activities. This equity injection increases the total share capital of the Company to £3,500,000 Ordinary shares at a £1 nominal value.”
• “In April 2025, the Company took out a Standby Letter of Credit with its bank HSBC to the value to £3,000,000. This facility is being utilised to give key suppliers back up for allowing the company credit terms where credit insurance is not available.”

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

Filings

4

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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.