Happy Days South West Limited
Pre-primary education · Newquay
ActiveUnited KingdomIncorporated 2003Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£384,652
Cash
£400,388
Turnover
£6,698,157
Profit / loss
£332,472
Current assets
£10,315,830
Creditors < 1 year
£10,747,650
Equity
£384,652
Average employees
250
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read | 2023-12-3112 months · Company | 2022-12-3112 months · Company | 2021-12-31Company |
|---|---|---|---|---|---|
| Balance sheet | |||||
| Net assets | £384,652 | £52,180 | £453,552 | £1,696,045 | — |
| Equity | £384,652 | £52,180 | £453,552 | £1,696,045 | — |
| Share capital | £3 | £3 | — | — | — |
| Retained earnings | £384,649 | £52,177 | — | — | — |
| Assets | |||||
| Fixed assets | £959,404 | £994,500 | £1,084,799 | £1,043,113 | — |
| Intangible assets | £41,614 | £55,485 | £93,859 | £50,709 | — |
| Property, plant & equipment | £917,790 | £939,015 | £990,940 | £992,404 | — |
| Current assets | £10,315,830 | £9,195,217 | £8,487,293 | £7,178,536 | — |
| Cash at bank | £400,388 | £335,607 | £442,395 | £330,598 | — |
| Debtors | £9,915,442 | £8,859,610 | £8,044,898 | £6,836,522 | — |
| Liabilities | |||||
| Creditors within one year | £10,747,650 | £9,970,256 | £8,951,259 | £6,525,604 | — |
| Provisions | £142,932 | £167,281 | — | — | — |
| Net current assets | −£431,820 | −£775,039 | −£463,966 | £652,932 | — |
| Assets less current liabilities | £527,584 | £219,461 | £620,833 | £1,696,045 | — |
| Profit & loss | |||||
| Turnover | £6,698,157 | £5,364,076 | — | — | — |
| Cost of sales | £4,466,609 | £3,983,355 | — | — | — |
| Gross profit | £2,231,548 | £1,380,721 | — | — | — |
| Administrative expenses | £2,933,042 | £1,785,058 | — | — | — |
| Other operating income | £69,108 | £2,965 | — | — | — |
| Profit before tax | −£632,386 | −£401,372 | −£1,242,493 | £109,690 | — |
| Tax | −£964,858 | — | — | — | — |
| Profit / loss | £332,472 | −£401,372 | −£1,242,493 | £109,690 | — |
| Operating costs | |||||
| Depreciation | £315,681 | £296,169 | — | — | — |
| Amortisation | £13,871 | £38,374 | — | — | — |
| Operating lease charges | £182,915 | £263,899 | — | — | — |
| People & pay | |||||
| Average employees | 250 | 188 | 180 | 167 | — |
| Staff costs | £5,074,420 | £3,845,267 | — | — | — |
| Wages & salaries | £4,544,408 | £3,511,196 | — | — | — |
| Social security costs | £452,887 | £264,245 | — | — | — |
| Pension costs | £77,125 | £69,826 | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- Happy Days Consultancy Limited
- Ultimate parent
- Pittshanger Holdco Limited
- Ultimate controlling party
- Zetland Special Situations Fund II SICAV-RAIF
- Accounts
- FRS 102
- Approved
- signed by T Kilby
Related parties (2)
- Group undertakings · Related parties · Amounts due from related parties at reporting end date · -
- Group undertakings · Related parties · Amounts due from related parties at reporting end date · 3,876
Borrowings (4)
- Zetland Capital facility · final repayment date of July 2027
- Santander UK PLC facility · final repayment date of November 2025 as part of a refinance deal with Oak North
- Oak North loan supporting the growth of the business · £15 million term loan · 30 months
- Oak North acquisition growth loan · £15 million acquisition growth loan · 30 months
Share classes (2)
- 3 Ordinary shares of £1 each of £1
- 3 Ordinary shares of £1 each of £1
Contingent liabilities (3)
- The company is party to cross guarantees given in respect of a group debt facility agreement between H. Days Holdings Limited and Pittshanger Bidco Limited, providing access to an amount of £60,000,000 (2024: £60,000,000), which, at the period end, the total capital drawn and interest accrued amounted to £21,666,681 (2024: £16,603,047).
- The company was party to cross guarantees given in respect of certain bank borrowings between H. Days Holdings Limited and Santander UK PLC, providing access to a senior loan facility of £6,000,000 and a growth capital facility of £1,000,000, which at the period end amounted to £Nil (2024: £6,376,798) and has now been satisfied on 11 November 2025.
- The company was party to cross guarantees given in respect of certain bank borrowings between H. Days Holdings Limited and Oak North Bank Plc, providing access to an acquisition facility of £15,000,000 and a growth capital facility of £3,800,000, which at the period end amounted to £18,187,719.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
2 outstanding chargesFloating · created 2025-10-31
—
OutstandingAll Assets · created 2022-07-25
—
OutstandingShow 6 satisfied / released
All Assets · created 2017-11-03 · satisfied 2025-11-11
—
SatisfiedAll Assets · created 2015-02-05 · satisfied 2021-07-05
—
SatisfiedFloating · created 2014-01-27 · satisfied 2015-02-05
—
SatisfiedUnknown · created 2012-10-19 · satisfied 2022-05-03
£12,000 AND ALL OTHER MONIES DUE OR TO B ECOME DUE FROM THE COMPANY TO THE CHARGE E
SatisfiedAll Assets · created 2008-05-14 · satisfied 2014-03-21
All monies
SatisfiedAll Assets · created 2003-12-17 · satisfied 2007-07-16
All monies
Satisfied