NICOBLOC PLC

• ◆

  Material uncertainty over going concern

  Whilst the directors have a reasonable expectation that such support will continue to be available, this reliance on future funding indicates the existence of an uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.

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  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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. 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.

Accounting basis

FRS 102

Auditor

Nordens Audit Limited

Going concern

Material uncertainty disclosed

“Whilst the directors have a reasonable expectation that such support will continue to be available, this reliance on future funding indicates the existence of an uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “The Company remains dependent on continued financial support from shareholders and the successful raising of additional funding to support its operations and growth plans. Failure to secure adequate funding could impact the Company's ability to execute its strategy.”

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

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.