DOMU BRANDS LIMITED

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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Alexander & Co LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's forecasts and projections show the group will be able to operate well within the level of the current import loan facility, which has been agreed through to 30th September 2025. This allows the Directors to conclude that there is reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. DOMU BRANDS LIMITED · parent
   1. Domu Brands LLC 100% · USA
   2. Domu nc 100% · USA
   3. Domu Brands (NIR) Limited 100% · Northern Ireland
   4. Domu Brands B.V 100% · Netherlands

Significant events

• “The financial year ending September 2024 was a positive year for DOMU Brands Ltd, with the business returning to profit and achieving an EBITDA of £3.2m.”
• “YOY revenue remained stable at £44m, when factoring in the longer accounting period for FY23. However, this is now much higher quality revenue when compared to previous years.”
• “Gross margin increased due to improved performance during year, increasing to £11.0m in FY 24.”
• “The fixed cost base reduced due to improved operational efficiency, by £3.5m in FY24 (-30%).”
• “Cash at period end was £1.7m in FY24.”
• “The import loan facility balance at September 2024 stood at £2.9m. The business, due to focus on stock control, now successfully operates within a $6m dollar facility.”
• “The severe global headwinds caused by the ongoing Trade tensions between the USA and China continue to create a volatile environment to operate within.”
• “Banking facilities for the following financial year are due to be renewed in September 2025.”
• “Although the business became an Employee Owned Trust in early 2021, the business recognises the transition is a journey, an establishing the Trust structure is only the first step.”
• “The company agreed to exit one of the head office floors to consolidate all head office functions onto the remaining two floors, resulting in utility and energy costs being reduced by 37%.”

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

2

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

  —

  Not reported

• Cash

  -38.4%

  £2,684,489 → £1,654,697

  lowest in 3 filed years

• Net assets

  +60.7%

  £1,277,618 → £2,052,768

• Employees

  -7.7%

  91 → 84

  lowest in 3 filed years

• Wages

  -18.7%

  £4,210,054 → £3,423,858

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers