ACCRUECAP (BUCHANAN) LIMITED

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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

FLB Audit 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 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. In considering the appropriateness of adopting the going concern basis in preparing the financial statements, the directors have assessed forecast trading and cash flows for the foreseeable future (being twelve months from the date of approving these financial statements). In doing so they have assessed a range of factors including the global economic climate and inflationary pressures. At the time of approving the financial statements, the directors believe that company has adequate resources to continue in operational existence for the foreseeable future and is well placed to generate profits and positive cash flow. Accordingly, the financial statements have been prepared on a going concern basis.”

Significant events

• “On 18 December 2024, the shareholders agreed to a series of restructuring steps, the result of which led to the introduction of Accruecap (Buchanan) Limited as a subsidiary of Accruecap (Maidenhead) Limited and an indirect subsidiary of Accrue (Maidenhead) LLP, as well as revised intragroup and external financing terms.”
• “During the year, the shareholders also renegotiated financing terms with external lenders and refinanced the company's debt facility on substantially more favourable terms.”
• “The company entered into a bank borrowing agreement on the 18 December 2024 that provides the company with external financing until December 2027.”

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

Filings

1

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

  +28.5%

  £610,839 → £785,221

• Cash

  +13%

  £872,191 → £985,170

• Net assets

  -40.2%

  -£2,811,069 → -£3,941,400

• Employees

  0%

  4 → 4

• Operating profit

  +717%

  £59,059 → £482,512

• Profit before tax

  +25.6%

  -£1,532,016 → -£1,140,121

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