THRUVISION GROUP PLC

• ⚠

  Material uncertainty over going concern

  These forecasts are reliant upon the conversion of the sales pipeline in volume and value in the next 12 months significantly ahead of that achieved in the previous financial year. While the Board has confidence that this is achievable based upon the current breadth and depth of the pipeline, the nature of our sales cycle is that orders may take longer than expected to materialise, given geo-political, political and economic uncertainties across several of our geographies and markets globally. In this downside scenario, the business would potentially require funding in excess of currently available facilities over the forthcoming 12-month period, and, therefore, there is the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.

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

  -46.7%

  £7,814,000 → £4,163,000

• Cash

  -90.9%

  £4,119,000 → £374,000

• Net assets

  -36.6%

  £8,761,000 → £5,556,000

• Employees

  -9.3%

  43 → 39

• Operating profit

  -57.4%

  -£2,996,000 → -£4,716,000

• Profit before tax

  -59.3%

  -£2,949,000 → -£4,697,000

• Wages

  -10.4%

  £4,015,000 → £3,599,000

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. THRUVISION GROUP PLC 2017-10-31 → present
2. DIGITAL BARRIERS PLC 2010-02-16 → 2017-10-31
3. DBL2 PLC 2010-02-08 → 2010-02-16

Accounting basis

UK-adopted International Accounting Standards

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These forecasts are reliant upon the conversion of the sales pipeline in volume and value in the next 12 months significantly ahead of that achieved in the previous financial year. While the Board has confidence that this is achievable based upon the current breadth and depth of the pipeline, the nature of our sales cycle is that orders may take longer than expected to materialise, given geo-political, political and economic uncertainties across several of our geographies and markets globally. In this downside scenario, the business would potentially require funding in excess of currently available facilities over the forthcoming 12-month period, and, therefore, there is the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. THRUVISION GROUP PLC · parent
   1. Thruvision Limited 1% · UK · People-screening technology
   2. Thruvision Inc. 1% · USA · People-screening technology

Significant events

• “On 28 July 2025, the Group announced that it had completed a gross capital raise of £2.75 million via the issue of 275,000,000 Shares at 1 penny.”

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

2

last 24 months

Officers appointed

0

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.