STRIP LIMITED
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Cash
£5.9K
-82.8% vs 2024
Net assets
-£565K
-3.1% vs 2024
Employees
51
+24.4% vs 2024
Profit before tax
-£17K
-88.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
At the end of the reporting period, the Company is in a net capital deficiency position of £566,650 (2024: £548,073). This condition indicates the existence of a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
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Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £2,512,714 | £2,525,716 | +0.5% | |
| Operating profit | £51,024 | £47,125 | -7.6% | |
| Profit before tax | -£8,975 | -£16,899 | -88.3% | |
| Net profit | £19,978 | -£16,899 | -184.6% | |
| Cash | £34,211 | £5,872 | -82.8% | |
| Total assets less current liabilities | £118,949 | £966,575 | +712.6% | |
| Net assets | -£548,073 | -£564,972 | -3.1% | |
| Equity | -£548,073 | -£564,972 | -3.1% | |
| Average employees | 41 | 51 | +24.4% | |
| Wages | £1,178,521 | £1,217,857 | +3.3% | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 2.0% | 1.9% | |
| Net margin | 0.8% | -0.7% | |
| Return on capital employed | 42.9% | 4.9% | |
| Gearing (liabilities / total assets) | 138.1% | 125.5% | |
| Current ratio | 0.22x | 0.15x | |
| Interest cover | 0.85x | 0.74x |
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.
Name history
Renamed 1 time since incorporation
- STRIP LIMITED 2009-06-08 → present
- 2 STRIP LIMITED 2005-02-07 → 2009-06-08
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“At the end of the reporting period, the Company is in a net capital deficiency position of £566,650 (2024: £548,073). This condition indicates the existence of a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GHANDOUR, Imad | Director | 2018-03-28 | Oct 1967 | Lebanese |
| THE GROOMING COMPANY UK LIMITED | Corporate Director | 2018-03-28 | — | — |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BHARDWAJ, Ashok | Nominee Secretary | 2005-02-07 | 2005-02-07 |
| FEATHERSTONE, Marie | Secretary | 2005-02-07 | 2018-03-28 |
| FEATHERSTONE, Danielle Michelle | Director | 2005-02-07 | 2018-03-28 |
| FEATHERSTONE, Maria Louise | Director | 2005-02-07 | 2018-03-28 |
| FEATHERSTONE, Marie | Director | 2005-02-07 | 2018-03-28 |
| BHARDWAJ CORPORATE SERVICES LIMITED | Corporate Nominee Director | 2005-02-07 | 2005-02-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Grooming Company Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-28 | Active |
| Ms Danielle Michelle Featherstone | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2018-03-28 |
| Ms Maria Louise Featherstone | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-04-06 | Ceased 2018-03-28 |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-23 | AA | accounts | Accounts with accounts type full | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-04-01 | AA | accounts | Accounts with accounts type full | |
| 2025-02-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-21 | AA | accounts | Accounts with accounts type full | |
| 2023-07-24 | CH01 | officers | Change person director company with change date | |
| 2023-02-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-24 | AA | accounts | Accounts with accounts type full | |
| 2022-04-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-04-27 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-27 | CH02 | officers | Change corporate director company with change date | |
| 2022-02-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-20 | AA | accounts | Accounts with accounts type full | |
| 2021-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-08-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-08-02 | CH02 | officers | Change corporate director company with change date | |
| 2021-08-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-06-21 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.