JOHN STREET BUSINESS CENTRE LIMITED

• ⚠

  Material uncertainty over going concern

  In light of the uncertainty in respect of the ability of the Group and Company to obtain loan waivers as and when required, a material uncertainty exists which may cast significant doubt on the Group's and the Company's, as an obligor, ability to continue as a going concern and therefore the company's ability to realise its assets and settle its liabilities within the ordinary course of business.

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

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In light of the uncertainty in respect of the ability of the Group and Company to obtain loan waivers as and when required, a material uncertainty exists which may cast significant doubt on the Group's and the Company's, as an obligor, ability to continue as a going concern and therefore the company's ability to realise its assets and settle its liabilities within the ordinary course of business.”

Significant events

• “The loan facility was successfully refinanced in September 2024 with a new expiry date of September 2029.”
• “For the reporting period to May 25 banking covenants were breached in relation to the Groups loan with HSBC and RMB. As a result of this breach, a new banking facility was agreed with a £1m cure payment made to reduce lending position down to £1.8m and to adjust the reporting covenants to allow for a phased lookback period to ignore period of non-compliance and build up position again.”

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

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -25.7%

  -£98,390 → -£123,717

• Employees

  —

  Not reported

• Profit before tax

  -100.1%

  £361,995 → -£279

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