IGLOO BOOKS LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company recorded a profit for the year of £841,500 (2023: £2,181,329), had net assets of £11,672,772 (2023: £10,831,272) and net current assets of £9,349,049 (2023: £8,125,217) at the statement of financial position date. Having prepared and considered detailed future cash flow forecasts the directors are confident that the company will continue to trade profitably which will generate operational cash inflows. This, combined with existing committed funding facilities, will be sufficient for the company to meet its liabilities as they fall due for a period of at least one year from the date of approval of these financial statements. Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.”

Significant events

• “The company's turnover decreased by 7% to £28,683,823 (2023: £30,855,089) which was driven by challenging trading conditions in international markets due to competitor pricing, retail slowdown and higher than usual slippages of end of year co-edition shipments into 2025 due to high container costs.”
• “Operating profit for the year ended 31 December 2024 was £1,560,418 compared to £3,299,411 for the year ended 31 December 2023, mainly driven by lower turnover and prior year exceptional income of £1,528,551.”
• “Towards the end of the financial year, Megan Smith was appointed as the new Managing Director of Igloo, bringing new leadership for the business. In early 2025 Perminder Mann stepped down as CEO of the Bonnier Books UK group, with Jonathan Perdoni and Sarah Benton appointed as co CEOs.”

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

Filings

8

last 12 months

Capital events

0

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

  -7%

  £30,855,089 → £28,683,823

• Cash

  +18.9%

  £8,995,739 → £10,700,133

• Net assets

  +7.8%

  £10,831,272 → £11,672,772

• Employees

  -3.5%

  142 → 137

• Operating profit

  -52.7%

  £3,299,411 → £1,560,418

• Profit before tax

  -63.4%

  £3,017,468 → £1,104,533

• Wages

  -10.3%

  £5,628,686 → £5,051,491

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