VISIONOSS LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 2.3 in the financial statements, which indicates that the Group incurred a net loss of £1,079,964 during the year ended 31 August 2024 and, as of that date, the Group's current liabilities exceeded its current assets by £2,557,662. As stated in Note 2.3, these events or conditions, along with other matters as set forth in Note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  -17.3%

  £14,087,336 → £11,655,134

• Cash

  +19.4%

  £2,690,232 → £3,212,132

• Net assets

  -271%

  £376,363 → -£643,436

• Employees

  -1.8%

  109 → 107

• Operating profit

  +82.8%

  -£3,892,665 → -£669,996

• Profit before tax

  +76.4%

  -£4,140,765 → -£977,581

• Wages

  -11.9%

  £7,993,885 → £7,044,577

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

Consolidated group

Auditor

Lubbock Fine LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 2.3 in the financial statements, which indicates that the Group incurred a net loss of £1,079,964 during the year ended 31 August 2024 and, as of that date, the Group's current liabilities exceeded its current assets by £2,557,662. As stated in Note 2.3, these events or conditions, along with other matters as set forth in Note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. VISIONOSS LIMITED · parent
   1. VisionOSS Incorporated 100% · USA · IT & Telecoms distribution
   2. VisionOSS Pty Limited 100% · South Africa · IT & Telecoms distribution
   3. LayerX Technologies Incorporated 100% · USA · IT & Telecoms distribution

Significant events

• “On 7 May 2023, a new share option scheme was issued. This replaced all previous share option schemes still in place, and was therefore considered a modification to the previous share option schemes.”

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

Filings

3

last 12 months

Capital events

0

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.