JACUZZI SPA AND BATH LIMITED

• ◆

  3 officer resignations in last 12 months

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

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

Affirmed

“In undertaking their review, the directors have prepared financial projections for the next 12 months based on their current orderbook. A number of scenarios were calculated to assess the financial impact of each one on the business as part of the review. They have also sought and obtained written confirmation from a fellow group. company, Jacuzzi Brands LLC, confirming its commitment not to recall the intercompany loan balance for a period of at least 12 months from the date of approval of the financial statements, and to provide any financial support to the company as may be required. As such, the directors concluded that the company will be able to meet all liabilities as they fall due for at least the 12 months from the date of approval of the financial statements.”

Significant events

• “In comparison to 2023, the company has increased turnover by 3%. The first year on year growth since 2020 to 2021 during COVID. The growth this year is seen as positive given the increased competitiveness of the market.”
• “Interest rates remained at 5.25% through to July 2024 reducing to 5.00% until the end of the 2024 financial year. This introduced an element of stability having seen seven increases interest rates during the previous financial year.”
• “Coupled with the reduction in the energy price cap, which peaked in January 2023 and has since reduced and remained relatively stable throughout the financial year, gave consumers more confidence around the total cost to purchase and use our products.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

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

  +3.1%

  £10,165,671 → £10,477,290

• Cash

  +25%

  £926,769 → £1,158,014

• Net assets

  -54.8%

  -£6,922,042 → -£10,718,334

• Employees

  -24.3%

  37 → 28

• Operating profit

  -123%

  -£1,629,207 → -£3,632,371

• Profit before tax

  -99.2%

  -£1,906,175 → -£3,796,292

• Wages

  -19.3%

  £1,624,424 → £1,310,922

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