RED WING HOLDINGS UK, LTD

1. RED WING HOLDINGS UK, LTD 2017-12-01 → present
2. RED WING SHOE UK LIMITED 2013-02-08 → 2017-12-01
3. PACIFIC SHELF 1727 LIMITED 2012-11-26 → 2013-02-08

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is reliant on the support from Red Wing Shoe Company Inc to provide funding by way of intercompany loans and/or capital contributions to allow the Company to meet its liabilities as they fall due. The parent company has sufficient available funds to support the Company for a period of no less than 12 months from the date of signing the financial statements, thus the directors believe it is appropriate to continue to adopt the going concern basis of accounting in the preparation of the financial statements.”

Group structure

1. RED WING HOLDINGS UK, LTD · parent
   1. Red Wing UK, Ltd 100% · UK · Supply of goods to the oil industry
   2. Red Wing Norway AS 100% · Norway · Supply of goods to the oil industry
   3. Red Wing Japan Ltd 100% · Japan · Supply of goods to the fashion retail industry
   4. Red Wing Shoe B.V. 100% · The Netherlands · Supply of goods to the fashion retail industry

Significant events

• “During the current year, the directors identified impairment indicators in relation to the Group's investment in its Norwegian subsidiary. As a result, a full discounted cash flow analysis was undertaken, applying the higher of Fair Value Less Costs of Disposal (FVLCD) and Value in Use (VIU), with VIU ultimately used as the basis for valuation. Based on this assessment and the directors' expectations regarding the future trading performance of the subsidiaries held by Red Wing Holdings UK Ltd, an impairment charge of £771,000 was recognised.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -42.8%

  £25,689 → £14,703

• Net assets

  -58.2%

  -£2,823,693 → -£4,466,440

• Employees

  —

  Not reported

• Operating profit

  -1,137.4%

  -£66,023 → -£816,997

• Profit before tax

  -109.3%

  -£784,739 → -£1,642,747

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