INSIG AI PLC

• ⚠

  Material uncertainty over going concern

  The group has generated a loss of £4.8m (£15.9m; FY 2024 restated), net cash outflow from operating activities of £1.1m (£0.3m; FY 2024 restated) and holds a net liability position of £1.5m (£1.4m net assets; FY 2024 restated). In approving the financial statements, the Board has recognised significant challenges with regards to the going concern assumption. These are fundamentally due to weak liquidity situation of the business where the cash balance of £329k (£38k; FY 2024) as at year-end has dropped further subsequent to year end 31 March 2025. This is due to a combination of factors including an uncertain macro-economic environment in which the company is operating, widely reported slower sales cycles and budgetary pressures. Furthermore, the pace of technological change as well as regulatory changes may adversely impact budgeted revenues, albeit year-on-year revenue has to date demonstrated strong growth.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +43.2%

  £369,860 → £529,509

• Cash

  +768.8%

  £37,847 → £328,796

• Net assets

  -203%

  £1,462,007 → -£1,506,068

• Employees

  -94.5%

  109 → 6

• Operating profit

  +65.5%

  -£17,528,754 → -£6,051,847

• Profit before tax

  +65.3%

  -£17,652,846 → -£6,132,654

• Wages

  +236.9%

  £183,887 → £619,538

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. INSIG AI PLC 2021-05-07 → present
2. CATENA GROUP PLC 2020-02-17 → 2021-05-07
3. ULTIMATE SPORTS GROUP PLC 2015-10-29 → 2020-02-17
4. WESTSIDE INVESTMENTS PLC 2011-12-29 → 2015-10-29
5. WESTSIDE ACQUISITIONS PLC 1999-11-19 → 2011-12-29

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Gerald Edelman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The group has generated a loss of £4.8m (£15.9m; FY 2024 restated), net cash outflow from operating activities of £1.1m (£0.3m; FY 2024 restated) and holds a net liability position of £1.5m (£1.4m net assets; FY 2024 restated). In approving the financial statements, the Board has recognised significant challenges with regards to the going concern assumption. These are fundamentally due to weak liquidity situation of the business where the cash balance of £329k (£38k; FY 2024) as at year-end has dropped further subsequent to year end 31 March 2025. This is due to a combination of factors including an uncertain macro-economic environment in which the company is operating, widely reported slower sales cycles and budgetary pressures. Furthermore, the pace of technological change as well as regulatory changes may adversely impact budgeted revenues, albeit year-on-year revenue has to date demonstrated strong growth.”

Group structure

1. INSIG AI PLC · parent
   1. Insig Partners Limited 100% · United Kingdom · Artificial Intelligence
   2. Insight Capital Consulting Limited 100% · United Kingdom · Artificial Intelligence
   3. Insig Data Limited 100% · United Kingdom · Artificial Intelligence

Significant events

• “In May 2024, the Company announced that it had acquired a 5.45% equity interest in ImpactScope OÜ ("ImpactScope") for £123,750.”
• “In April and May 2024, I (CEO Richard Bernstein) subscribed to the Company for 1,250,000 shares at 20p.”
• “In June 2024, the Company successfully raised £0.81 million at 12.5p per share.”
• “In March 2025, the Company raised £0.35 million at 16p per share.”
• “Post period end, in June and July 2025, I subscribed to the Company for 875,000 shares at 20p.”
• “In April 2025, the Financial Conduct Authority ("FCA") became a client for a subscription service licence agreement.”
• “During the year, three subsidiaries of the group were dissolved: Pantheon Leisure Plc, Westside Sports Limited and Ultimate Player Limited.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

12

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.