MILTON KEYNES BUSINESS CENTRE LIMITED

• ⚠

  Material uncertainty over going concern

  a material uncertainty exists which may cast significant doubt over 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.

1. MILTON KEYNES BUSINESS CENTRE LIMITED 2026-03-03 → present
2. BEDFORD SQUARE BUSINESS CENTRE LIMITED 2014-08-22 → 2026-03-03

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“a material uncertainty exists which may cast significant doubt over 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

• “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. To date Boutique has complied with the first reporting period of the new agreement (Jul-Sep 25). The loan was successfully refinanced in September 2024 with a new expiry date of September 2029.”

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

Filings

4

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

  -23.7%

  £816,416 → £622,834

• Cash

  —

  Not reported

• Net assets

  +4%

  £746,634 → £776,159

• Employees

  —

  Not reported

• Profit before tax

  -69.2%

  £104,523 → £32,164

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