THE PROPERTY BOX LOAN COMPANY PLC

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board of Directors is required to consider the group's ability to continue as a going concern over a period of at least 12 months from the date of approval of the financial statements. The company has 10 years of trading, a strong balance sheet and good reputation in its sector. We have a satisfactory loan book with well established customers. The directors are confident that the group can continue to trade successfully providing an excellent and reliable service to our customers for the foreseeable future. Thus we continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. THE PROPERTY BOX LOAN COMPANY PLC · parent
   1. Home Garden ST Limited 0.75% · Development of building projects

Significant events

• “During the year we incurred our first loss of £223,184. This arose after creation of a specific bad debt provision on our loan to Bradfield Road Properties Ltd of £531,802 following the appointment of a property receiver. This was our first bad debt in over ten years of trade.”
• “Since the year end, Sarah Milne has rejoined the company after a seven year absence at Puma Property Finance, rejoining as chief executive and as a director.”
• “Barry Tansey has resigned as a director post year end.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -8.6%

  £1,247,993 → £1,140,426

  lowest in 5 filed years

• Cash

  +342.7%

  £48,746 → £215,820

• Net assets

  —

  Not reported

• Employees

  0%

  5 → 5

• Operating profit

  -200.5%

  £222,613 → -£223,680

  lowest in 5 filed years

• Profit before tax

  -199.3%

  £224,769 → -£223,184

  lowest in 5 filed years

• Wages

  -3.9%

  £192,500 → £184,975

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