THE COTSWOLD DISTILLING COMPANY 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

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

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are presented on a going concern basis. In assessing the Company's ability to continue as a going concern, the directors have taken into consideration all available information relating to the twelve month period from the date of approval of these financial statements, including current and future trading and cash flow forecasts of the Company. The forecasts incorporate the existing facility with Santander. The Directors have received indication from Santander that there is no reason to suggest the facilities will not be renewed when due. The assessment of going concern has been made on the basis of this being renewed. The Directors have performed various sensitivity analysis on their forecasts and are confident on remaining within the headroom on the facility. The current economic climate has not had a significant, immediate impact on the Company's operations, but the Directors are aware that if the current situation becomes prolonged then this may change and reduce the Company's growth forecasts. The Directors have set out plans to help mitigate these risks if they were to arise. Having regard to the above, the Directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In late 2024, we initiated a significant project to rebalance our cost base. This included a targeted headcount restructure, efficiency measures and selected reductions in marketing spend, resulting in annualised savings of approximately £1 million.”
• “The business secured an increase in its Santander ABL facility of £2 million, enhancing working capital flexibility.”
• “In January 2025, the Santander ABL facility was increased from £5 million to £7 million to support growth and stock investment.”

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

Filings

10

last 12 months

Capital events

7

last 24 months

Officers appointed

1

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

  +0.7%

  £6,831,032 → £6,878,137

• Cash

  +2.9%

  £1,208,039 → £1,242,661

• Net assets

  -18.4%

  £12,231,200 → £9,977,958

• Employees

  -8.3%

  60 → 55

• Operating profit

  -53.5%

  -£1,353,939 → -£2,077,862

• Profit before tax

  -47.7%

  -£1,650,972 → -£2,439,206

• Wages

  -7.8%

  £1,963,210 → £1,810,615

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