for the Period Ended 31 October 2024
| Company Information - 3 | |
| Report of the Directors - 4 | |
| Profit and Loss Account - 5 | |
| Balance sheet - 6 | |
| Footnotes to the Balance Sheet - 8 |
for the Period Ended 31 October 2024
| Director: |
|
|
| Registered office: |
|
|
| Company Registration Number: |
|
|
The directors present their report with the financial statements of the company for the period ended 31 October 2024
Principal Activities
Political and charitable donations
Company policy on the employment of disabled persons
Additional information
As previously disclosed, the company currently faces significant financial constraints due to its substantial indebtedness to external third-party creditors. The elevated leverage ratio has not only amplified the company's financial obligations but has also constrained its strategic flexibility. The going concern assessment now hinges on the successful navigation of a complex risk landscape encompassing both endogenous and exogenous factors. Internally, the company must address liquidity pressures, maintain creditor confidence, and achieve operational turnaround targets. Externally, it faces exposure to sector-specific headwinds, potential covenant breaches, and refinancing risks in tightening credit markets. These cumulative challenges have created a fragile financial equilibrium where the company's continued operations are dependent upon the careful balancing of multiple financial and operational variables, with limited margin for error. Management is actively exploring various financial restructuring options while simultaneously implementing operational improvements, securing additional financing and/or optimizing current debt arrangements, taking other steps to stabilize the company's financial position and ensure long-term viability.
Directors
The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
for the Period Ended 31 October 2024
2024 £ |
2023 £ |
|
|---|---|---|
| Turnover |
|
- |
| Other charges |
(
|
(
|
| Profit or (Loss) for Period |
(
|
(
|
As at
2024 £ |
2023 £ |
|
|---|---|---|
| Fixed Assets: |
|
|
| Current assets: |
|
|
| Net current assets (liabilities): |
|
|
| Total assets less current liabilities: |
|
|
| Creditors: amounts falling due after more than one year: |
( |
( |
| Total net assets (liabilities): |
( |
( |
| Capital and reserves: |
( |
( |
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2024
for the Period Ended 31 October 2024