MADISON PROJECTCO 6 LIMITED

1. MADISON PROJECTCO 6 LIMITED 2023-01-27 → present
2. MINHOCO 68 LIMITED 2021-11-16 → 2023-01-27

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared financial forecasts for a period of more than 12 months from the date of the approval of these financial statements. The forecasts include expected trading, prepared by the operational team, detailed by line item, capital and repairs, financing and resulting cash flow forecasts. Updated iterations of the same are produced on a regular basis, with reference to actual trading. As a result of their considerations of the forecasts, and risks (both macro economic and micro economic), the directors have a reasonable expectation that the Company will continue in operational existence for at least 12 months from the date of this report and therefore the financial statements have been prepared on a going concern basis.”

Significant events

• “In the prior period, an error was made in the classification of amounts owed to group undertakings between creditors falling due within one year and creditors falling due after more than one year. The impact of this adjustment was to reduce creditors falling due within one year by £320,284 and increasing creditors falling due after more than one year by a corresponding amount.”

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

Filings

2

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

  -38.8%

  £5,118,106 → £3,133,169

• Cash

  -48.6%

  £1,272,277 → £653,905

• Net assets

  -14.7%

  £1,379,668 → £1,177,540

• Employees

  -5.4%

  74 → 70

• Operating profit

  -92.9%

  £1,718,379 → £122,734

• Profit before tax

  -114.2%

  £1,374,386 → -£195,146

• Wages

  -14.1%

  £1,326,829 → £1,139,555

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