WUNDA GROUP PLC

• ⚠

  Material uncertainty over going concern

  The group has incurred significant losses before tax during the year of £1,689,305. Since the year end, the management accounts show further losses incurred and net liabilities position. These conditions indicate that the group may not be a going concern, and the use of the going concern basis of accounting may be inappropriate. Management has not provided a credible plan or evidence of future financing to support the going concern assumption.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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

  -4.4%

  £12,129,307 → £11,593,457

• Cash

  -4.2%

  £340,575 → £326,152

  lowest in 6 filed years

• Net assets

  -96.2%

  £1,598,578 → £59,969

  lowest in 6 filed years

• Employees

  0%

  73 → 73

• Operating profit

  -602.7%

  -£207,579 → -£1,458,718

  lowest in 5 filed years

• Profit before tax

  -336.8%

  -£386,787 → -£1,689,305

  lowest in 5 filed years

• Wages

  +2.4%

  £2,238,790 → £2,292,992

  highest in 5 filed years

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.

1. WUNDA GROUP PLC 2007-04-11 → present
2. JPK SUPPLIES PLC 2006-11-16 → 2007-04-11

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Green & Co

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“The group has incurred significant losses before tax during the year of £1,689,305. Since the year end, the management accounts show further losses incurred and net liabilities position. These conditions indicate that the group may not be a going concern, and the use of the going concern basis of accounting may be inappropriate. Management has not provided a credible plan or evidence of future financing to support the going concern assumption.”

Group structure

1. WUNDA GROUP PLC · parent
   1. JPK Supplies Limited 100% · UK · Trading of plumbing and heating materials
   2. WundaSmart (UK) Limited 100% · UK · Trading of plumbing and heating smart control
   3. ABC Controls Limited 100% · UK · Dormant
   4. JPK Heatpumps Limited 100% · UK · Dormant

Significant events

• “installing new machinery to manufacture its Rapid Response under floor heating boards and manifolds.”
• “research and development marketing to the Retail & DIY market”
• “progressing Wholesale supply to Merchants, continuing to supply heating and plumbing materials to our existing Trade customers.”
• “The directors made the decision to source components from within the UK and during 2024 contracted with three major suppliers to provide, aluminium, pipe and blank boards. This has reduced shipping times and cost and gives protection to the profit margin.”
• “Further growth is expected to include the sale of heat pumps as the perfect partner for under floor heating.”
• “During this period of time we spent finessing our manufacturing process. We finalised the design of our laminating machine, culminating in the delivery of the new machine in May 2024.”
• “During this time the WundaSmart application was worked upon. Research and development was necessary to develop a new subscription option within the WundaSmart application.”

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

Filings

5

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.