MAMAS & PAPAS (CONCESSIONS) LIMITED

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has received support from the parent of the group indicating that it will provide such financial support as is required to ensure that members of the company is able to meet their liabilities as and when they fall due for the foreseeable future. As with any Company placing reliance on other group entities for financial support, the directors 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.”

Significant events

• “Sales in concession stores were 24.6% higher than the prior year, as the company opened a further 5 concessions and benefitted from the full year impact of 6 openings in the prior year, which performed very well.”
• “The Group refinanced in the year, taking out a new bank loan and repaying all of the remaining shareholder loan notes in full. The new bank facility includes term loans of £15m, and interest is charged at 6.0% over base rate on £10.5m and 5.5% over base rate on £4.5m.”

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

Filings

8

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

  +24.6%

  £24,425,000 → £30,427,000

• Cash

  +105.3%

  £472,000 → £969,000

• Net assets

  -60.2%

  -£1,745,000 → -£2,795,000

• Employees

  +16.7%

  144 → 168

• Operating profit

  -72%

  -£593,000 → -£1,020,000

• Profit before tax

  -72.3%

  -£593,000 → -£1,022,000

• Wages

  +35.3%

  £3,568,000 → £4,829,000

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