RELISH AGENCY LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

FLB Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company is part of a larger group and the Directors have received confirmation from the ultimate parent company Whistl Consolidated Limited (see note 19) that should it be required financial support to enable the company to meet its liabilities as and when they fall due, will be available through to 31 August 2026 which is at least 12 months from the date of approval of these financial statements. The directors have reviewed group cash flow forecasts for Whistl Consolidated Limited from the date of approval of the financial statements through to 31 August 2026 ("the going concern period"). These forecasts reflect an assessment of current and future market conditions and their impact on the group's future cash flow performance. These forecasts have been reverse stress tested by considering the impact of a sudden and significant reduction in revenue. In both the base case forecast and the reverse stress tested scenarios, the group will have sufficient cash and existing borrowing facilities to continue in operation. In addition, the Group's liquidity is further supported by a fully committed irrevocable £65m funding line jointly provided by HSBC and NatWest which is divided into a credit and working capital facility. This facility has been renewed for a further four years plus one commencing June 2024. As such the directors are satisfied that Whistl Consolidated Limited has the ability to fulfil its obligations to support the company during the going concern period. In assessing whether the going concern basis is appropriate, the directors of the company have taken account of all available information about the future up to and including 31 August 2026, which is at least 12 months from the date of the approval of the financial statements. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +5.4%

  £5,102,000 → £5,375,000

• Cash

  -8.1%

  £2,692,000 → £2,473,000

• Net assets

  +16.4%

  £1,447,000 → £1,684,000

• Employees

  -15.8%

  19 → 16

• Operating profit

  +353.3%

  -£122,000 → £309,000

• Profit before tax

  +353.3%

  -£122,000 → £309,000

• Wages

  -6%

  £737,000 → £693,000

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