SBDL LIMITED

1. SBDL LIMITED 2019-12-23 → present
2. DYNR LIMITED 2017-06-26 → 2019-12-23

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MRT Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Platform Growth: Customer registrations increased materially during the year, supported by enhanced marketing and engagement initiatives.”
• “Brand Expansion: The launch of Subdial's new content series in late 2024 attracted significant viewership and engagement, broadening awareness and reinforcing the brand's authority in the pre-owned luxury watch space.”
• “Operational Development: The company relocated to new headquarters in London's Farringdon district. The new premises - incorporating dedicated client and event facilities provide capacity for continued growth and support an enhanced in-person experience for clients.”
• “Strategic Investment: Additional equity investment was secured during the year to strengthen the balance sheet and fund future expansion initiatives.”
• “On 26 March 2025, 387,396 A Ordinary shares were issued at an aggregate nominal value of £38.74. The total proceeds from issue of shares was £750,000.”
• “After the reporting period, the company has committed to major capital expenditure in relation to the fit out of a new premises, with a total cost of around £500,000.”

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

Filings

12

last 12 months

Capital events

3

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

  —

  Not reported

• Cash

  +297.7%

  £567,875 → £2,258,544

• Net assets

  +49.1%

  £2,360,704 → £3,519,260

• Employees

  0%

  19 → 19

• Profit before tax

  +50.7%

  -£1,402,994 → -£691,686

• Wages

  -1.7%

  £1,146,544 → £1,126,854

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