9999 DW ESTATES LIMITED

• ⚠

  Material uncertainty over going concern

  At 27 April 2025 the company's financial liabilities exceed its total assets by £31,221,547. These conditions along with the fact there is no formal confirmation of support in place for a period of 12 months or more from the date of approval of the financial statements, indicate the existence of a material uncertainty which may cast doubt about the company's ability to continue as a going concern.

1. 9999 DW ESTATES LIMITED 2024-07-15 → present
2. SDI FITNESS (DW) LIMITED 2020-08-18 → 2024-07-15
3. SDI (PROPCO 113) LIMITED 2019-11-05 → 2020-08-18

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At 27 April 2025 the company's financial liabilities exceed its total assets by £31,221,547. These conditions along with the fact there is no formal confirmation of support in place for a period of 12 months or more from the date of approval of the financial statements, indicate the existence of a material uncertainty which may cast doubt about the company's ability to continue as a going concern.”

Significant events

• “The company changed it's name from SDI Fitness (DW) Limited on 15 July 2024.”
• “On 2 July 2025, the Group entered into a new term loan and revolving credit facility with its banks to replace its existing financing facilities. This provides the Group with access to borrowings of up to an aggregate amount of £3.0bn over the next three years (with 2 one year extension options for a total tenor of up to five years), with an option to increase the facility by £0.5bn at the lenders' discretion.”
• “The Board continued to be acquisitive throughout the year. The acquisition of Twinsport in the Netherlands increased the Group's international footprint, whilst the acquisitions of the trade and assets of the "Coggles", "MyBag" and "Allsole" websites from THG plc, and trade and assets of fashion retailor Galleries (Fashion) Limited continued the Group's consolidation of its leading position in the UK luxury market.”
• “During the year the Group disposed of the non-core, low margin Game Spain business allowing it to focus on international growth in Sports retail. A small number of other non-core business were also disposed of during the current year.”
• “Significant acquisitions of retail property were also made during the year, including Doncaster's Frenchgate, Exeter's Princesshay, Maidstone's Fremlin Walk, and Affinity outlets.”

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

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -5.3%

  £38,785,159 → £36,716,346

• Cash

  —

  Not reported

• Net assets

  +23.2%

  -£40,634,097 → -£31,221,547

• Employees

  +3.5%

  455 → 471

• Operating profit

  +55.9%

  £6,036,649 → £9,412,457

• Profit before tax

  +55.9%

  £6,035,664 → £9,412,550

• Wages

  +4.9%

  £7,812,214 → £8,197,349

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