BAILEY STREET FURNITURE GROUP LIMITED
Get an alert when BAILEY STREET FURNITURE GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£593k
+92.8% vs 2024
Net assets
-£37k
-102.7% lowest in 6 filed years
Employees
63
-11.3% vs 2024
Profit before tax
-£1.4m
-52.3% lowest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £3,318,744 | — | — | £11,188,897 | £9,391,843 | £9,261,288 | -1.4% | |
| Operating profit | £85,550 | £21,987 | — | £339,680 | -£704,286 | -£1,157,085 | -64.3% | |
| Profit before tax | £76,837 | £13,268 | — | £167,025 | -£915,471 | -£1,394,505 | -52.3% | |
| Net profit | £62,100 | £31,255 | £18,892 | £11,034 | -£810,203 | -£1,394,505 | -72.1% | |
| Cash | £489,011 | £331,908 | £989,758 | £972,263 | £307,702 | £593,177 | +92.8% | |
| Total assets less current liabilities | — | — | — | £4,033,161 | £3,125,848 | £2,208,906 | -29.3% | |
| Net assets | — | £487,774 | £5,317,049 | £2,201,437 | £1,357,225 | -£37,280 | -102.7% | |
| Equity | £443,811 | £487,774 | £5,317,049 | £2,201,437 | £1,357,225 | -£37,280 | -102.7% | |
| Average employees | 21 | 22 | 23 | 76 | 71 | 63 | -11.3% | |
| Wages | £819,454 | £796,536 | — | £2,909,135 | £2,625,264 | £2,486,941 | -5.3% | |
| Directors' remuneration | £109,900 | £94,900 | — | £480,404 | £213,075 | £212,006 | -0.5% | |
| Directors' pension contributions | — | — | — | — | £31,657 | — | — | |
| Highest paid director | — | — | — | £266,620 | £112,610 | £112,926 | +0.3% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 2.6% | — | — | 3.0% | -7.5% | -12.5% | |
| Net margin | 1.9% | — | — | 0.1% | -8.6% | -15.1% | |
| Return on capital employed | — | — | — | 8.4% | -22.5% | -52.4% | |
| Gearing (liabilities / total assets) | — | 50.9% | — | 67.8% | 77.9% | 100.7% | |
| Current ratio | — | — | — | 1.32x | 1.13x | 0.95x | |
| Interest cover | 9.82x | 2.52x | — | 1.97x | -3.33x | -4.80x |
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
- BAILEY STREET FURNITURE GROUP LIMITED 2022-12-12 → present
- CYCLEPODS LIMITED 2006-04-23 → 2022-12-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Moore NHC Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements under the going concern assumption. This decision is based on the support letter received from CROWD BV, which provides assurance of continued financial backing.”
Significant events
- “In 2025, the company ceased to operate from its rented premises in Kent, as part of a strategy to focus on sales and distribution from their other 2 sites. The lease on the vacated premises does not expire until May 2028 and therefore an onerous lease provision has been recognised in the accounts.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MACLELLAN, Karen | Director | 2026-04-01 | Jul 1990 | British |
| PRINGLE, David Anthony | Director | 2023-01-11 | Sep 1966 | British |
| STEWARD, James John | Director | 2006-04-23 | Feb 1982 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CONNELL, Natalie Clare | Secretary | 2006-04-23 | 2015-12-31 |
| GRAEME, Paul Gordon | Secretary | 2006-04-23 | 2006-04-23 |
| MCCARTHY, Patrick | Secretary | 2015-12-31 | 2016-08-22 |
| BURKE, Erica Lynne | Director | 2024-05-01 | 2025-12-31 |
| CONNELL, Natalie Clare | Director | 2006-06-01 | 2016-04-04 |
| GRAEME, Lesley Joyce | Director | 2006-04-23 | 2006-04-23 |
| LEACH, David Michael | Director | 2016-09-14 | 2024-04-30 |
| LIPSCOMBE, Judith | Director | 2007-02-01 | 2015-12-31 |
| LIPSCOMBE, Stephen John | Director | 2007-02-01 | 2015-12-31 |
| MCCARTHY, Patrick | Director | 2007-02-01 | 2016-08-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Creators Of The Outside World Bv | Corporate entity | Shares 75–100%, Appoints directors | 2016-04-06 | Ceased 2022-12-14 |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2026-03-02 | CH01 | officers | Change person director company with change date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-07-09 | ANNOTATION | miscellaneous | Legacy | |
| 2025-05-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-09 | AA | accounts | Accounts with accounts type small | |
| 2024-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-28 | CH01 | officers | Change person director company with change date | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | CH01 | officers | Change person director company with change date | |
| 2023-10-11 | CH01 | officers | Change person director company with change date | |
| 2023-10-11 | CH01 | officers | Change person director company with change date | |
| 2023-08-31 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.