COBRA BEER PARTNERSHIP LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. COBRA BEER PARTNERSHIP LIMITED 2009-05-28 → present
2. COBRA NEWCO LIMITED 2009-05-15 → 2009-05-28
3. SPSHELFCO (NO.14) LIMITED 2009-01-28 → 2009-05-15

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In adopting a going concern basis, the Company has considered business activities, principal risks and uncertainties as set out within the Strategic. report, and the impact of macroeconomic factors such as the ongoing cost of living crisis. The Directors have performed an assessment of the businesses' ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. In order to make this assessment, a cash flow forecast up to the period ending 31 December 2026 has been prepared. A reasonable severe but plausible scenario has also been modelled. Under both scenarios the business has sufficient funding to meet liquidity requirements to support its ongoing operations through the remainder of 2025 and 2026. In addition, the directors have received confirmation from the Company's ultimate parent undertaking that the Company will receive support, if required, in order to meet its liabilities as they fall due for a period of not less than 12 months from the approval date of these financial statements. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “During the year, RHL sold their stake in the company to MCBC(UK), meaning The Company became a wholly owned subsidiary.”
• “Following the full ownership of the Company hy MCBC UK, these conditions no longer apply at 31 December 2024, the 'A' and 'B' shares were converted to ordinary shares following the transaction”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -1%

  £54,373,396 → £53,843,809

• Cash

  +1,901.7%

  £10,527 → £210,722

• Net assets

  -9.8%

  £8,001,159 → £7,217,842

• Employees

  +3.6%

  28 → 29

• Operating profit

  +31.5%

  £8,490,240 → £11,164,804

• Profit before tax

  +31.5%

  £8,490,971 → £11,163,400

• Wages

  +1.5%

  £1,581,811 → £1,605,049

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