FRELIF (ARMLEY) LLP

• ⚠

  Material uncertainty over going concern

  The financial statements have not been prepared on a going concern basis as the LLP is no longer deemed to be a going concern. This is based on members' intentions to dissolve the LLP following the disposal of the asset. The accounts have been prepared using the normal recognition and measurement criteria of IFRS, only deviating from these where adequate justifications exist.

1. FRELIF (ARMLEY) LLP 2020-01-06 → present
2. PALMER INCOME (ARMLEY) LLP 2016-01-29 → 2020-01-06

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Sumer Auditco Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have not been prepared on a going concern basis as the LLP is no longer deemed to be a going concern. This is based on members' intentions to dissolve the LLP following the disposal of the asset. The accounts have been prepared using the normal recognition and measurement criteria of IFRS, only deviating from these where adequate justifications exist.”

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

  -14.2%

  £395,704 → £339,556

• Cash

  -79.6%

  £27,598 → £5,625

• Net assets

  +6.6%

  £4,580,611 → £4,881,357

• Employees

  0%

  2 → 2

• Operating profit

  +378.3%

  £131,304 → £628,064

• Profit before tax

  +416%

  £120,297 → £620,746

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