FDS CORPORATION LIMITED

• ◆

  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

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Shinewing Wilson Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company had net current liabilities of £1.7mil mainly due to the balance owed to a related party which under the common control. The related party has agreed not to chase for the repayment until the company has the ability to do so. The company had cash reserves of £1.8mil and net assets of £1.9mil at the balance sheet date, and has also obtained financial support letter from Ningbo Hooya, a company under common control, to support its working capital requirements for at least 12 months from the date of signing the financial statements. Based on these, the Director has concluded that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Two large-scale warehouses became fully operational alongside the launch of new online stores in FY2024, contributing to a 40% increase in turnover and a 370% growth in profit before tax from previous year. This expanded capacity also supported product diversification and inventory reserves, leading to a notable increase in total assets and positioning the Company for continued gains in the following year.”

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

0

last 12 months

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

• Turnover

  +40%

  £58,996,809 → £82,621,229

• Cash

  -44.7%

  £3,307,382 → £1,827,592

• Net assets

  +277%

  -£1,100,580 → £1,947,900

  highest in 3 filed years

• Employees

  +5%

  40 → 42

  highest in 3 filed years

• Operating profit

  +370.2%

  £869,951 → £4,090,126

• Profit before tax

  +369.9%

  £870,464 → £4,090,666

• Wages

  +6.8%

  £1,254,042 → £1,339,213

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