THE WHITECHURCH NETWORK LIMITED

1. THE WHITECHURCH NETWORK LIMITED 1999-11-08 → present
2. HIPPENSCOMBE LIMITED 1998-11-06 → 1999-11-08

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

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have performed a going concern assessment for a period of at least 12 months from the date of approval of these financial statements which indicates that the Company will have sufficient funds through its cash balance and operating cash to meet its liabilities as they fall due for at least that period. As at the balance sheet date the net asset position was £1,649,234 (2024: £1,506,711) and the cash balance of the Company was £2,156,852 (2024: £2,256,720). Consequently, the directors are confident that the Company will have sufficient funds to continue in operational existence and to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements; thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “2025 saw a 13% increase in turnover for the year. While individual adviser numbers grew by 9% in the year, the mortgage market was relatively quiet, picking up in the fourth quarter of the year following reductions in the interest rate in August and November.”
• “In 2025, interest rates continued to decline. The Bank of England reduced the base rate to 4.50% in February, 4.25% in May, 4.00% in August, and ultimately 3.75% in December.”
• “Financial markets proved resilient despite wider economic and political uncertainty, with the FTSE 100 index rising by approximately 21.5% over the year, its strongest annual performance since 2009.”

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

0

last 24 months

Officers appointed

1

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

  +12.6%

  £11,695,451 → £13,173,253

• Cash

  -4.4%

  £2,256,720 → £2,156,852

• Net assets

  +9.5%

  £1,506,711 → £1,649,234

• Employees

  —

  Not reported

• Operating profit

  +171.9%

  £51,574 → £140,208

• Profit before tax

  +171.9%

  £51,574 → £140,208

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