OSCILLATE PLC

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

  —

  Not reported

• Cash

  +44.2%

  £1,101,259 → £1,587,903

  highest in 4 filed years

• Net assets

  -30.1%

  £2,507,090 → £1,751,427

• Employees

  0%

  3 → 3

• Operating profit

  -242.1%

  -£1,179,283 → -£4,034,101

• Profit before tax

  -243.5%

  -£1,165,079 → -£4,002,396

  lowest in 4 filed years

• Wages

  -7.8%

  £105,038 → £96,878

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. Sector-distribution context coming next.

1. OSCILLATE PLC 2026-05-01 → present
2. OSCILLATE PLC 2021-08-02 → 2026-05-01
3. DISCOVORE PLC 2020-11-27 → 2021-08-02
4. EUROCANN INTERNATIONAL PLC 2019-08-01 → 2020-11-27
5. VALIANT INVESTMENTS PLC 2006-11-27 → 2019-08-01

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Edwards Veeder (UK) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 30 November 2024, the Group had cash of £1,587,903 and net assets of £1,751,427. As an investment business, the Group has limited operating cash flow and is dependent on the performance of its investments for its working capital requirements. Annualised normal running costs of the Company has historically been circa £200,000. As at the date of this report, the Group had approximately £1,458,508 cash at bank. The Directors are therefore of the opinion that the Group has adequate financial resources to enable it to continue in operation for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.”

Group structure

1. OSCILLATE PLC · parent
   1. Quantum Hydrogen, Inc. 100% · Houston, TX, USA · exploration of natural and white hydrogen
   2. Mesabi Hydrogen, Inc. · Minnesota, USA

Significant events

• “On 15 October 2024, the company acquired control of Quantum Hydrogen, Inc and its subsidiary (the "Target Group") through the purchase of 100% of the share capital for total consideration of 140,000,000 shares.”
• “On 8 January 2025 it was announced that Robin Birchall has been appointed Chief Executive Officer with immediate effect.”
• “On 15 January 2025 the Company disposed of their full investment in WeCap @ £0.01 per share.”
• “On 19 February 2025 Max Denning was appointed to the Board of Directors, replacing Steve Xerri who resigned, giving three months' notice of resignation.”

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

Filings

6

last 12 months

Capital events

1

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.