MORE2 LIMITED

• ⚠

  Material uncertainty over going concern

  As described in note 1.2 of the Financial Statements, and highlighted by our Auditors, there is a material uncertainty which indicates the uncertainty to the group's ability to meet financial covenant tests which in turn may cast doubt over the company's ability to continue as a going concern, The directors have identified continuous cost reduction activities to ensure that the business meets its obligations through restructuring and remedial activity whilst also investing in 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

  -7.1%

  £18,897,488 → £17,562,929

• Cash

  +1,204.3%

  £540 → £7,043

• Net assets

  +12.4%

  £13,429,469 → £15,100,849

  highest in 6 filed years

• Employees

  -13.6%

  118 → 102

• Operating profit

  -35.1%

  £2,656,043 → £1,724,107

  first positive since 2020

• Profit before tax

  -35.1%

  £2,657,298 → £1,725,360

  first positive since 2020

• Wages

  -6%

  £7,076,014 → £6,652,327

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As described in note 1.2 of the Financial Statements, and highlighted by our Auditors, there is a material uncertainty which indicates the uncertainty to the group's ability to meet financial covenant tests which in turn may cast doubt over the company's ability to continue as a going concern, The directors have identified continuous cost reduction activities to ensure that the business meets its obligations through restructuring and remedial activity whilst also investing in growth.”

Significant events

• “During the year the Group organised the business around 4 key functions and this will form the bedrock of how we will operate effectively within the Group and with our clients.”
• “This was also a year of consolidation and integration with the Group and we believe this will propel the company forward and accelerate our ability to realise new opportunities in the market and better harness cross selling opportunities.”
• “post year end a strategic internal reorganisation has been executed to re-charge the operational and trading results of the subsidiaries of This is Gain Global Limited (formerly Sideshow Group Limited) under a single new entity, This is Gain Ltd.”

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

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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