GCTEA DKJV LTD

• ⚠

  Material uncertainty over going concern

  It is concluded that the company has no realistic alternative but to liquidate or voluntary strike-off and the company cannot continue in business for the foreseeable future for at least 12 months from the date of approval of the financial statements. The going concern basis of the financial statements is not applicable. However, the financial statements did not include any adjustments for which going concern basis is not applicable.

• ◆

  Audit opinion: Adverse

  Latest auditor's report carried a non-clean opinion.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 101

Reporting scope

Standalone (parent only)

Auditor

P and Co (Partners) LLP

Audit opinion

Adverse

Going concern

Material uncertainty disclosed

“It is concluded that the company has no realistic alternative but to liquidate or voluntary strike-off and the company cannot continue in business for the foreseeable future for at least 12 months from the date of approval of the financial statements. The going concern basis of the financial statements is not applicable. However, the financial statements did not include any adjustments for which going concern basis is not applicable.”

Group structure

1. GCTEA DKJV LTD · parent
   1. GCTEA Outlets Ltd · UK

Significant events

• “The company invested in the joint venture for one of the outlets of the brand. During the year in August 2023, the store of the joint venture had closed due to commercial reason. The joint venture has opened a new outlet in another location in March 2024.”
• “Management intends to cease the business and is seeking assignees of the leases of outlet and new operators of the business.”

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

Filings

10

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +484.4%

  £2,738 → £16,002

• Net assets

  -502.3%

  -£8,487 → -£51,119

• Employees

  0%

  2 → 2

• Operating profit

  -69%

  -£6,605 → -£11,161

• Profit before tax

  -545.5%

  -£6,605 → -£42,632

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