INVERCLYDE LEISURE

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Consolidated group

Auditor

Welsh Walker Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees are of the opinion that the Charity has the necessary funds to continue for a period in excess of 12 months and that the accounts should therefore be prepared on the going concern basis.”

Group structure

1. INVERCLYDE LEISURE · parent
   1. Inverclyde Leisure Trading Services Ltd. 100% · Scotland · generates income for the parent charity via the profits they generate through the merchandise, vending stocks and coffee shops that are operated in the centres run by the parent charity.

Significant events

• “This year saw the successful launch of several unique initiatives, including the pioneering F.A.S.T functional training studio, the rebranding of Swim, Skate, and Climb Academies, and the rollout of Al-powered customer engagement tools.”
• “Investments in IT infrastructure, cyber security essentials accreditation and systems modernisation further enhance efficiency and the customer journey and, we prepared for the launch of the new website and Gladstone Leisure Management System for seamless mobile friendly access and booking, marking a major digital milestone.”
• “In the year Inverclyde Leisure spent around £600k into maintenance and repair items.”
• “Transition to Xero financial software has enhanced financial reporting, compliance, and operational efficiency, supporting robust decision-making as we move forward.”
• “Inverclyde Leisure repaid £200,000 of the Smoothing Fund provided in the prior year.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +11.5%

  £6,204,238 → £6,920,065

• Cash

  +33.6%

  £753,372 → £1,006,687

• Net assets

  +31.3%

  £8,064,510 → £10,589,720

• Employees

  +7.2%

  251 → 269

• Operating profit

  -43.2%

  £16,889 → £9,591

• Profit before tax

  -72.4%

  £8,008 → £2,210

• Wages

  +10.6%

  £3,479,077 → £3,847,378

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