INFO SUPPLIER LIMITED

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

Auker Rhodes Professional Services LLP

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 ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. The group has a net liability shown on the consolidated Balance Sheet. This is attributable, in large part, to a deficit of £2,320,000 on the group's defined benefit pension scheme. With regard to the pension deficit, a recovery plan is being followed to reduce this over the medium to long term. The cash flow impact of this recovery plan is considered to be manageable by the directors. In the circumstances the directors believe it is appropriate to adopt the going concern basis in preparing the financial statements.”

Group structure

1. INFO SUPPLIER LIMITED · parent
   1. Flexiform Limited 100% · UK · administering the group pension scheme
   2. Flexiform Business Furniture Limited 88.78% · UK · manufacture and distribution of office furniture systems and storage
   3. Red Banana Interiors Limited 100% · UK · Dormant
   4. Asgard Storage Limited 100% · UK · Dormant

Significant events

• “The group is committed to continued investment in the business, both through significant sums spent on improvement activities, and also major investment in new plant & machinery.”
• “The group maintains a mixture of short term borrowing, in the form of the invoice discounting arrangements mentioned above, and longer term borrowing in the form of other loans and lease financing.”

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

Filings

2

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

  -4.3%

  £23,754,000 → £22,735,000

• Cash

  -68.7%

  £428,000 → £134,000

• Net assets

  +0.9%

  -£1,803,000 → -£1,786,000

• Employees

  -14.4%

  139 → 119

• Operating profit

  +18%

  £394,000 → £465,000

• Profit before tax

  +22.3%

  £206,000 → £252,000

• Wages

  -0.7%

  £4,869,000 → £4,833,000

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