TEAMWORKERS UK 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

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are on a going concern basis. In making this judgement, the directors considered the Company's budget and cash flow forecasts for a period of greater than twelve months from the date of approval of the financial statements as well as expected financial performance and cashflows of Teamwork Crew Limited, the fellow group company on which the company is dependent. The Company and Teamwork Crew Limited's forecasts demonstrate that the Company will be in a position to meet its liabilities as they fall due. 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.”

Significant events

• “There have been no events since the balance sheet date that would require adjustment to or disclosure in these financial statements.”
• “Under the terms of a grant issued to the Company of £272,000 over the years 2020 to 2022, the full amount may be repayable to Invest Northern Ireland if certain terms of the grant agreement are not met at any point within 5 years from the receipt of the grant amount.”

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

Filings

3

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

  -21.3%

  £4,189,291 → £3,297,962

• Cash

  +35.8%

  £418,246 → £568,087

• Net assets

  +13.1%

  £1,342,805 → £1,518,321

• Employees

  -28.3%

  46 → 33

• Profit before tax

  -50.9%

  £367,583 → £180,416

• Wages

  -22.3%

  £2,508,690 → £1,950,308

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