BRISTOW & SUTOR (SERVICES) LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

1. BRISTOW & SUTOR (SERVICES) LIMITED 2017-07-12 → present
2. COPPER EMPLOYMENT SERVICES LIMITED 2017-04-11 → 2017-07-12
3. BRISTOW & SUTOR (SERVICES) LIMITED 2017-04-04 → 2017-04-11

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis which the directors believe to be appropriate for the following reasons. The Company is part of the Bristow & Sutor Topco Limited group. The Company's ability to operate as a going concern is directly linked to the Group's position. The demand for debt resolution services which use technology to apply the most effective collection strategy while identifying vulnerable customers at the earliest opportunity is expected to remain strong among the Group's private sector and public sector client base. The directors have reviewed cash flow forecasts and accompanying covenant compliance calculations applicable to the facilities for the period up to March 2026, which includes what they consider to be reasonable mitigated severe but plausible downside scenarios including revenue and margin reductions due to higher than budgeted staff turnover or operational disruption. Mitigations considered in the downside scenarios include reducing discretionary spend including capital expenditures. The Company is dependent on the ultimate parent company providing additional financial support for a period of at least 12 months from the date of approval of these financial statements. The ultimate parent company has indicated its intention to continue to make available such funds as are needed by the Company during the going concern period. As with any Company placing reliance on other Group entities for financial support, the directors of the Company acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

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

0

last 12 months

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

• Turnover

  +15.4%

  £16,127,727 → £18,607,016

• Cash

  +1,015.8%

  £39,621 → £442,079

• Net assets

  +75.4%

  £3,153,852 → £5,532,997

• Employees

  -2.3%

  346 → 338

• Operating profit

  +85.4%

  £2,012,109 → £3,731,222

• Profit before tax

  +85.4%

  £2,012,109 → £3,731,222

• Wages

  +5.6%

  £12,555,811 → £13,260,510

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