MOBILITY BATHING GROUP LIMITED

1. MOBILITY BATHING GROUP LIMITED 2018-06-28 → present
2. MOBILITY PLUS LIMITED 2016-11-07 → 2018-06-28
3. MOBILITY PLUS BATHING LTD 2005-07-29 → 2016-11-07

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

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have produced a forecasting model for the going concern period to 31 March 2026. Following a detailed review of the forecasting model, the directors have a reasonable expectation that the group has adequate resources to continue to trade for not less than 12 months from the date of signing the financial statements and, as such, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. On 13 December 2024, the repayment date of the group's banking facilities were extended to 31 May 2026 and certain loan note redemption dates deferred. The directors also completed a forecast as at December 2024 for 15 months and noted that no covenants were expected to be breached with the bank over this time period. The directors consider that these commitments from the group's stakeholders demonstrate the continuing confidence and support our bank and investors have in the business and its potential for growth. The company has received a letter of support from the parent company, Mobility Group Topco Limited, confirming that it will support the Company for a period of at least twelve months from the date of approval of these financial statements.”

Significant events

• “The company has provided a guarantee in respect of the bank borrowings of its parent company. At 31 August 2024, the value of the parent company's net bank borrowings was £24,634,000 (2023: £23,968,000). This arrangement is reinforced by debentures secured against the company's assets.”
• “On 13 December 2024, the bank facilities for the entire group were amended. The amendment involved extending the termination date of the facilities from 31 May 2025 to 31 May 2026 and waiving the 20 November 2024 and 28 February 2025 scheduled capital and interest repayments to create greater working capital headroom for the group. A temporary overdraft facility of £500,000 was also provided to the group until 28 February 2025.”

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

Filings

1

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

  +3%

  £33,792,000 → £34,814,000

• Cash

  -29.1%

  £1,224,000 → £868,000

• Net assets

  +148.8%

  £2,591,000 → £6,446,000

• Employees

  -7.1%

  85 → 79

• Operating profit

  -0.1%

  £3,969,000 → £3,966,000

• Profit before tax

  +1.9%

  £3,820,000 → £3,894,000

• Wages

  +4.5%

  £3,199,000 → £3,342,000

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