KDC/ONE SWALLOWFIELD LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-04-30.

• ⚠

  Material uncertainty over going concern

  The Directors have prepared cash flow forecasts which indicate that the Company will require further support from its ultimate parent company in order to meet its liabilities as they fall due within 12 months from approval of these financial statements. This is due to a significant capital investment programme being implemented to support future growth of the company. The directors have obtained confirmation from KDC/ONE Development Corporation Inc. of their intention to continue to make available such funds as are needed by the company.

1. KDC/ONE SWALLOWFIELD LIMITED 2019-08-27 → present
2. CURZON SUPPLIES LIMITED 2019-03-28 → 2019-08-27

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

UK adopted IAS

Reporting scope

Consolidated group

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have prepared cash flow forecasts which indicate that the Company will require further support from its ultimate parent company in order to meet its liabilities as they fall due within 12 months from approval of these financial statements. This is due to a significant capital investment programme being implemented to support future growth of the company. The directors have obtained confirmation from KDC/ONE Development Corporation Inc. of their intention to continue to make available such funds as are needed by the company.”

Group structure

1. KDC/ONE SWALLOWFIELD LIMITED · parent
   1. Swallowfield Consumer Products Limited 1% · England and Wales · Holding company
   2. Swallowfield S.A.R.L 1% · France · Sales and marketing
   3. Swallowfield Inc. 1% · USA · Sales and marketing
   4. Swallowfield s.r.o 1% · Czech Republic · Manufacturer of cosmetic products
   5. Shanghai Paristy Daily Chemical CO., Ltd 1% · China · Manufacturer of cosmetic products
   6. Mei Shual Cosmetics CO. PTE Ltd 1% · Singapore · Holding company
   7. KDC-Swallowfield Cosmetics (Shanghai) Co Ltd. 1% · China · Sales and marketing

Significant events

• “Exceptional income of £7.2m was recognised in the year after finalising a compensation agreement for an enforced relocation of the Chinese subsidiary.”
• “Exceptional litigation costs were incurred in the year in order to settle a legal dispute.”

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

0

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

  -3.1%

  £69,977,000 → £67,812,000

• Cash

  -37.4%

  £4,813,000 → £3,015,000

• Net assets

  +13.6%

  £13,626,000 → £15,473,000

• Employees

  -8.7%

  761 → 695

• Operating profit

  +119.8%

  -£6,476,000 → £1,285,000

• Profit before tax

  +116.6%

  -£6,680,000 → £1,108,000

• Wages

  +1.2%

  £14,992,000 → £15,167,000

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