VICTORIA BECKHAM LIMITED

• ⚠

  Material uncertainty over going concern

  The company made a total comprehensive loss in the financial year of £4.1m (2023 - £3.9m), had net current liabilities of £32.4m (2023 - £26.9m) and net liabilities of £33.3m (2023 - £29.3m) at the year end. The company is a member of the Victoria Beckham Holdings Limited group and is reliant on the financial support of its group for funding. The group and company are reliant on the extension of a bank loan which has not been finalised. In addition, the directors have not yet decided whether other shareholder loans and convertible loan arrangements will be repaid or converted into equity. Should the directors decide to repay the loans, the group and company will require additional funding which is not guaranteed. The group consolidated financial statements include a material uncertainty related to going concern which may have a direct impact on the group's ability to provide the required financial support to the company and as a result, this indicates that a material uncertainty exists which may cast significant doubt on the company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.

1. VICTORIA BECKHAM LIMITED 2014-09-03 → present
2. BECKHAM VENTURES LIMITED 2008-02-28 → 2014-09-03

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The company made a total comprehensive loss in the financial year of £4.1m (2023 - £3.9m), had net current liabilities of £32.4m (2023 - £26.9m) and net liabilities of £33.3m (2023 - £29.3m) at the year end. The company is a member of the Victoria Beckham Holdings Limited group and is reliant on the financial support of its group for funding. The group and company are reliant on the extension of a bank loan which has not been finalised. In addition, the directors have not yet decided whether other shareholder loans and convertible loan arrangements will be repaid or converted into equity. Should the directors decide to repay the loans, the group and company will require additional funding which is not guaranteed. The group consolidated financial statements include a material uncertainty related to going concern which may have a direct impact on the group's ability to provide the required financial support to the company and as a result, this indicates that a material uncertainty exists which may cast significant doubt on the company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. VICTORIA BECKHAM LIMITED · parent
   1. Victoria Beckham Inc 100% · USA · Fashion e-commerce
   2. Beckham Retail Limited 100% · England and Wales · Dormant

Significant events

• “Going into 2025, the fashion business continues to show double-digit sales growth and is accelerating its performance. The company has opened and plans to open additional corners in prominent department stores across France and the UK.”
• “Victoria Beckham has also embarked on the capture of a Netflix verité docu-series following its Founder and the teams on the creation of their SS25 fashion show in Paris in September 2025.”
• “To meet the working capital requirements of its expanding and profitable business, the company took a £1.5m cash injection during 2025.”

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

Filings

4

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

  +14.2%

  £33,438,968 → £38,188,057

• Cash

  +359.6%

  £1,201,267 → £5,521,393

• Net assets

  -13.9%

  -£29,275,811 → -£33,337,392

• Employees

  +10.7%

  122 → 135

• Operating profit

  +8.3%

  -£1,449,960 → -£1,329,638

• Profit before tax

  -4.5%

  -£3,886,049 → -£4,061,581

• Wages

  0%

  £8,406,396 → £8,407,540

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