KPMG BOXWOOD LIMITED

• ⚠

  Material uncertainty over going concern

  As a result of the decision to wind down the operations of this company, the directors have not prepared these financial statements on a going concern basis. However, as the company's parent entity, KPMG LLP, has agreed to provide financial support to ensure all liabilities can be met as they fall due, these financial statements do not include any adjustments resulting from the application of the non-going concern basis.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. KPMG BOXWOOD LIMITED 2015-06-18 → present
2. BOXWOOD LIMITED 2006-01-11 → 2015-06-18
3. HAMSARD 2955 LIMITED 2005-10-31 → 2006-01-11

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As a result of the decision to wind down the operations of this company, the directors have not prepared these financial statements on a going concern basis. However, as the company's parent entity, KPMG LLP, has agreed to provide financial support to ensure all liabilities can be met as they fall due, these financial statements do not include any adjustments resulting from the application of the non-going concern basis.”

Significant events

• “In October 2024, KPMG LLP and KPMG International member firm in Switzerland merged, changing the company's ultimate controlling party to KPMG Holding LLP.”
• “In December 2024, directors decided to terminate sub-contracting agreement and wind down operations, with a view to liquidation.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -54.4%

  £5,643,000 → £2,571,000

• Cash

  -86.9%

  £444,000 → £58,000

• Net assets

  -23.8%

  £1,464,000 → £1,115,000

• Employees

  —

  Not reported

• Operating profit

  -41.6%

  £541,000 → £316,000

• Profit before tax

  -40.6%

  £562,000 → £334,000

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