STOREY SPACES LTD

1. STOREY SPACES LTD 2018-03-20 → present
2. BL FW LIMITED 2017-02-07 → 2018-03-20

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The balance sheet shows that the Company has net current liabilities and net liabilities. The principal creditor is the ultimate parent company and the terms of the borrowing include the right of the subsidiary to request that the amount of the loan equal to any deficit be eliminated by converting the loan into share capital. The going concern of the Company is therefore dependent on the going concern of the Group. The Directors feel that the Group is well placed to manage its business risks satisfactorily despite the uncertain economic climate as detailed in pages 59, 102 and 197 of the Annual Report and Accounts. As a consequence of this the Directors feel that the Company is well placed to manage its financing and other business risks satisfactorily despite the uncertain economic climate, and have a reasonable expectation that the Company and the Group have adequate resources to continue in operation for at least 12 months from the signing date of these financial statements. Accordingly, they believe the going concern basis is an appropriate one.”

Significant events

• “The macroeconomic and geopolitical challenges from the previous year have persisted into the current financial year, inevitably affecting the Company through high interest rates and inflation. Encouragingly, the economy has been more resilient than expected alongside recent declines in inflation and interest rates, albeit the macroeconomic outlook remains uncertain.”
• “There have been no significant events since the year end.”

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

1

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

  -5.5%

  £9,645,680 → £9,118,290

• Cash

  —

  Not reported

• Net assets

  -22.8%

  -£7,564,689 → -£9,292,278

• Employees

  —

  Not reported

• Operating profit

  +1%

  £3,074,767 → £3,104,680

• Profit before tax

  -33.1%

  -£1,297,862 → -£1,727,589

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