1STDIBS.COM LTD.

1. 1STDIBS.COM LTD. 2014-03-07 → present
2. ONLINE GALLERIES LIMITED 2004-09-13 → 2014-03-07

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BKL Audit 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 Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The Company made a profit before tax, for the year ended 31 December 2024 of £126,909 and as at 31 December 2024, it had net current assets of £1,881,007 and net assets of £1,900,685. Included within creditors is an amount of £1,401,557 owed to group undertakings and the Company is dependent on the continued support of the parent company to allow it to meet its financial obligations as they fall due. This support has been confirmed for the foreseeable future. The directors have reviewed forecasts and budgets considering the above changes and are confident that the support from the parent company will continue for at least the next 12 months from the date of signature of these accounts, and, in conjunction with ongoing cash generated, believe that this will be sufficient to cover all ongoing cash requirements. Based on all the above, the directors believe that the Company has adequate resources to continue in operational existence for the foreseeable future and that it is appropriate to continue to use the going concern basis for the preparation of these financial statements.”

Significant events

• “There have been no significant events affecting the Company since the year end.”

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

  -10.4%

  £2,874,434 → £2,575,190

• Cash

  -63.1%

  £7,011,188 → £2,583,714

• Net assets

  +19.7%

  £1,587,621 → £1,900,685

  highest in 5 filed years

• Employees

  -23.8%

  42 → 32

  lowest in 5 filed years

• Operating profit

  -24.6%

  £147,256 → £111,055

• Profit before tax

  -21%

  £160,621 → £126,909

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