WATCHFINDER.CO.UK LIMITED

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Directors, at the time of approving the financial statements, believe that this basis is appropriate. The Company manages its operating cash flows by being part of the Group's cash pooling arrangements. The business has completed a Group cash flow forecast for this Group which includes Watchfinder.co.uk Limited for at least 12 months from the date of signing of the financial statements and has considered plausible downside scenarios based on the experience of the past year. Failure to meet liquidity requirements through operations will be met via Group's cash pooling arrangements from ultimate parent company. The Company's ultimate parent company, Compagnie Financiere Richemont SA, has provided a letter of support stating that it will support the Company to meet its capital requirements and provide additional funds to meet liabilities as and when they fall due. The Directors have reasonable expectation that ultimate parent company has adequate resources to continue in operational existence for foreseeable future, based on the ultimate parent company's own going concern assessment. Thus, they continue to adopt the going concern basis in preparing the financial statements.”

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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