STAFFCO DIRECT LTD

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

Barnes Roffe Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the latest trading expectations and associated cash flow forecasts, the directors have considered the cash requirements of the Company and consider that it will be able to operate within its existing resources for at least twelve months from the date of approval of these financial statements. In addition, the ultimate controlling party has provided a letter confirming that financial support will be made available as necessary to enable the company to meet its obligations for a period of at least twelve months from the date of approval of these financial statements. The directors have therefore continued to prepare the financial statements on a going concern basis.”

Significant events

• “IR35 changes have also impacted the gross profit margins achieved which is an effect experienced across the sector.”
• “The board believes that 2024 has been as anticipated following the impact of the cost-of-living crisis. Effective measures have been implemented to allow for improved trading in 2025.”
• “After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006.”

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

0

last 12 months

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

• Turnover

  -2.6%

  £17,836,807 → £17,380,199

• Cash

  +1,049.6%

  £27,642 → £317,769

• Net assets

  -56.6%

  £459,614 → £199,513

• Employees

  -29.2%

  24 → 17

• Operating profit

  -190.1%

  £360,842 → -£325,285

• Profit before tax

  -194.3%

  £352,039 → -£332,070

• Wages

  -35.9%

  £1,138,681 → £729,863

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