UK Companies House feature
CERCIS LIMITED
Cash
£1M
Latest balance sheet
Net assets
-£2M
Equity attributable
Employees
82
Average over period
Profit before tax
-£2M
Period ending 2023-10-31
Profile
- Company number
- 14521244
- Status
- Active
- Incorporation
- 2022-12-02
- Last accounts made up
- 2023-10-31
- Account category
- FULL
- Primary SIC
- 47910
- Hubs
- UK Consumer / DTC
Net assets
2-year trend · vs UK Consumer / DTC median
Accounts
2-year trend · latest 2023-10-31
| Metric | Trend | 2022-12-01 | 2023-10-31 |
|---|---|---|---|
| Turnover | — | £15,283,000 | |
| Operating profit | — | -£1,486,000 | |
| Profit before tax | — | -£1,676,000 | |
| Net profit | — | -£1,676,000 | |
| Cash | — | £1,017,000 | |
| Total assets less current liabilities | — | £2,307,000 | |
| Net assets | — | -£1,675,000 | |
| Equity | — | -£1,675,000 | |
| Average employees | 0 | 82 | |
| Wages | — | £2,477,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Wellden Turnbull Limited
- Audit opinion
- Qualified
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2.4 in the financial statements, which sets out the position of the Company with respect to going concern. During the period, the Company acquired the trade and assets of Meika Ltd, a company in administration. Whilst the Company works to restructure the acquired business, it has and is forecast to continue to, generated a loss after tax and is reliant on funding provided by its shareholders to continue trading. As stated in note 2.4, these events or conditions, along with the other matters as set forth in note 2.4, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”
Subsidiaries
- Garden Retail Online B.V. · 100% held · Netherlands
Significant events
- “The Company was incorporated on 2 December 2022 and commenced trading on 7 December 2022 following the acquisition of the "Primrose" business out of administration.”
- “During the year, the Company transitioned to a new Enterprise Resource Planning (ERP) system to improve operational and cost efficiency.”
- “Company's existing shareholder(s) have provided additional £ 2.1 Million cash to the business after the financial year-end.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLAY, Peter Robert | Director | 2022-12-02 | Mar 1958 | British |
| FANE, Mark William | Director | 2022-12-02 | Jun 1958 | British |
| SHAH, Harsh | Director | 2023-04-10 | Jul 1981 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHUKLA, Mayank Pradeep | Director | 2023-04-10 | 2024-09-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mark William Fane | Individual | Shares 25–50%, Voting 25–50% | 2022-12-02 | Active |
| Mr Peter Robert Clay | Individual | Shares 25–50%, Voting 25–50% | 2022-12-02 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-01 | DISS40 | gazette | gazette filings brought up to date |
| 2025-09-30 | GAZ1 | gazette | gazette notice compulsory |
| 2025-07-04 | AA | accounts | accounts with accounts type full |
| 2024-12-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-09-24 | SH03 | capital | capital return purchase own shares |
| 2024-09-21 | MA | incorporation | memorandum articles |
| 2024-09-21 | RESOLUTIONS | resolution | resolution |
| 2024-09-20 | SH06 | capital | capital cancellation shares |
| 2024-09-16 | TM01 | officers | termination director company with name termination date |
| 2024-04-02 | RP04AP01 | officers | second filing of director appointment with name |
| 2024-01-08 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-06 | AA01 | accounts | change account reference date company current shortened |
| 2023-08-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-05-20 | RP04AP01 | officers | second filing of director appointment with name |
| 2023-05-20 | RP04AP01 | officers | second filing of director appointment with name |
| 2023-05-20 | SH02 | capital | capital alter shares subdivision |
| 2023-05-19 | RESOLUTIONS | resolution | resolution |
| 2023-05-19 | MA | incorporation | memorandum articles |
| 2023-05-10 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ (private-firm) · reference 2023-10-31
1.34
GREY ZONE
Altman Z″
- Working capital / Total assets 0.518 × 6.56 = +3.40
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.270 × 6.72 = -1.81
- Book equity / Total liabilities -0.233 × 1.05 = -0.24
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory