FEDCAP EMPLOYMENT SCOTLAND 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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Overall, the board is committed to ensuring that the key risks are managed and reviewed by the risk and audit committee quarterly and the approved three-year plan is conservative, realistic and achievable particularly in relation to its new business projections and that the model which underpins it has been stress-tested to their satisfaction, and it continues to operate within its revenue, cashflow and working capital requirements, and are confident that plans are in place and have been assessed for the long term viability of the business. Work continues to ensure the overall viability over the three year period and in conclusion, the board is satisfied that the company remains a going concern for the foreseeable future.”

Group structure

1. FEDCAP EMPLOYMENT SCOTLAND LIMITED · parent
   1. Start Scotland Limited 51% · Scotland

Significant events

• “Fair Start Scotland contract continues to be the main source of revenue and referrals to the contract ceased on 31st March 2024, with an expectation the operations will cease after July 2026.”

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

Filings

7

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

  -18.6%

  £5,991,440 → £4,877,262

• Cash

  -56.9%

  £1,610,660 → £694,107

• Net assets

  +8.5%

  £861,582 → £934,747

• Employees

  -18.6%

  129 → 105

• Operating profit

  -78.3%

  £281,418 → £60,988

• Profit before tax

  -53.9%

  £408,918 → £188,488

• Wages

  -17.1%

  £3,857,464 → £3,195,955

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