FOOD FRESHNESS TECHNOLOGY HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  Nevertheless, as this future funding is not committed at the date of approval of these financial statements, this constitutes a material uncertainty which may cast significant doubt on the group's ability to continue as a going concern.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -55.5%

  £4,231,239 → £1,883,318

• Net assets

  -46.6%

  £4,983,825 → £2,663,817

• Employees

  +38.5%

  13 → 18

  highest in 4 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

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 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Nevertheless, as this future funding is not committed at the date of approval of these financial statements, this constitutes a material uncertainty which may cast significant doubt on the group's ability to continue as a going concern.”

Group structure

1. FOOD FRESHNESS TECHNOLOGY HOLDINGS LIMITED · parent
   1. Food Freshness Technology Limited 100% · England and Wales · Intermediate holding company
   2. It's Fresh Limited 100% · Manufacturing
   3. It's Fresh Incorporated 100% · United States of America · Manufacturing
   4. Food Freshness Technology (Pty) Ltd 100% · South Africa · Distribution
   5. It's Fresh SpA 100% · Chile · Distribution

Significant events

• “The stock valuation at 31 December 2023 included an item of stock that was valued to include palladium when it was incorrect to do so. This resulted in stock and profit to be overstated by £87,356.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.