MIDDLETON ASSOCIATES HOLDINGS 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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Pierce C A Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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 and parent 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.”

Group structure

1. MIDDLETON ASSOCIATES HOLDINGS LIMITED · parent
   1. Middleton Associates Limited 100% · UK · wholesale of beers, wines, spirits and other drinks products

Significant events

• “Following recent years of high turnover and improved profitability in the trading subsidiary, the group has seen a build up of cash. During the year the directors took the decision to use this surplus cash to invest a substantial amount in solar panels, to supply the trading site in a more sustainable manner. Additionally, surplus cash has been used to build a new office and boardroom space.”
• “The group has also been able to continue to invest some of its cash into high interest bearing accounts to take advantage of the current rates of interest.”
• “Post year end the group has continued to trade at similar levels to the current financial year.”
• “Following the year end the group will look to continue to strengthen their performance, utilising the small but committed and loyal team, all of whom are significantly experienced in the industry.”
• “Plans continue to be made for an e-commerce offering of drinks and home bars/events equipment to the public through the group's website, to sell on other e-commerce platforms, and negotiations are on-going for the group to become the UK agent for a variety of brands.”

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

Filings

7

last 12 months

Capital events

1

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

  —

  Not reported

• Cash

  +89.4%

  £217,242 → £411,448

  highest in 5 filed years

• Net assets

  +13.8%

  £4,668,227 → £5,311,019

  highest in 5 filed years

• Employees

  0%

  2 → 2

• Wages

  -83.3%

  £18,000 → £3,000

  lowest in 5 filed years

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