HAYMARKET FILMS PLC

• ⚠

  Material uncertainty over going concern

  As at 29 February 2024, the company has a cash balance of £8,479 (2023:£9,074). The company has made a loss of £1,765,568 (2023:3,620,118). The directors recognize that the company has incurred losses since its incorporation and is entirely dependent on securing funds from investors through the issue of shares, however there is no guarantee that investors will always invest in the shares of the company. These conditions indicate that a material uncertainty exists that may cast significant doubt over the company's ability to continue as a going concern and therefore their ability to realise their assets and discharge their liabilities in the normal course of business.

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

Johnsons Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As at 29 February 2024, the company has a cash balance of £8,479 (2023:£9,074). The company has made a loss of £1,765,568 (2023:3,620,118). The directors recognize that the company has incurred losses since its incorporation and is entirely dependent on securing funds from investors through the issue of shares, however there is no guarantee that investors will always invest in the shares of the company. These conditions indicate that a material uncertainty exists that may cast significant doubt over the company's ability to continue as a going concern and therefore their ability to realise their assets and discharge their liabilities in the normal course of business.”

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

Filings

2

last 12 months

Capital events

2

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

  +522.5%

  £65,001 → £404,653

• Cash

  -6.6%

  £9,074 → £8,479

• Net assets

  +7.7%

  £570,923 → £614,606

• Employees

  -25%

  4 → 3

• Operating profit

  +51.2%

  -£3,620,118 → -£1,765,568

• Profit before tax

  +51.2%

  -£3,620,118 → -£1,765,568

• Wages

  -11.7%

  £215,702 → £190,359

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