HIGHRISE TOPCO LTD

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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group or Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. HIGHRISE TOPCO LTD · parent
   1. Highrise Midco Ltd 100% · UK · Holding company
   2. Highrise Cleanco Ltd 100% · UK · Holding company
   3. Highrise Bidco Ltd 100% · UK · Holding company
   4. Sneak Energy Ltd 100% · UK · Food and beverages retailer
   5. Sneak Energy US Inc 100% · USA · Food and beverages retailer

Significant events

• “a warehouse consolidation project in which there was a change in the Group's UK based third party logistics provider.”
• “EU duties arising on historical sales into the EU. This was an isolated cost which will not reoccur due to a revised approach in sending these goods into the EU.”
• “a restructure of the supply chain process in order to implement best practice subsequent to the change in the third party logistics provider”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -2.4%

  £13,492,254 → £13,165,509

• Cash

  -58%

  £1,678,648 → £705,695

• Net assets

  -18.3%

  -£56,522,908 → -£66,852,266

• Employees

  +21.9%

  32 → 39

• Operating profit

  -17.3%

  -£1,840,629 → -£2,159,889

• Profit before tax

  -16.5%

  -£8,861,868 → -£10,327,848

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