At 31 December 2024 the company had net current liabilities of £280,985 (2023 £328,146).
The company continues to be dependent on the group for financial support. The group will continue to support the company and 2024 saw overheads remain very tightly controlled.
2024 has remained challenging, predominantly due to external factors, but the company has remained profitable.
Management are confident results will continue on a positive basis in the new financial year. Targets, if achieved, should ensure the company continues to remain profitable.
The financial statements have therefore been prepared on a going concern basis.