WECAP PLC

• ⚠

  Confirmation statement overdue

  Due 2026-04-27.

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1 in the financial statements, which indicates that as at 30 April 2025, the company's interest-bearing loans and borrowings of GBP6,406,125 are to be fully repaid. Note 1 indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

• ◆

  Audit opinion: Qualified

  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

  —

  Not reported

• Cash

  +18.5%

  £49,035 → £58,111

• Net assets

  -8.4%

  £7,394,507 → £6,774,398

• Employees

  0%

  3 → 3

• Operating profit

  +30.1%

  -£425,082 → -£296,973

• Profit before tax

  +9.6%

  -£863,682 → -£781,069

• Wages

  -21.9%

  £108,000 → £84,400

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. WECAP PLC 2023-12-12 → present
2. IAMFIRE PLC 2019-11-01 → 2023-12-12
3. KAROO ENERGY PLC 2015-11-10 → 2019-11-01
4. NODDING DONKEY PLC 2011-04-13 → 2015-11-10

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Edwards Veeder (UK) Limited

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“We draw attention to note 1 in the financial statements, which indicates that as at 30 April 2025, the company's interest-bearing loans and borrowings of GBP6,406,125 are to be fully repaid. Note 1 indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. WECAP PLC · parent
   1. WeShop Holdings Limited 7.47% · shoppable social network
   2. Community Social Investments Limited 23.5% · holding WeShop shares
   3. Bio2pure Limited 10% · developed technology to clean up populated waterways

Significant events

• “On 16 September 2025, WeShop announced that it had publicly filed a registration statement on a Form F-1 with the SEC relating to the proposed direct listing of its ordinary shares on the Nasdaq Capital Market. The listing is expected to take place after the SEC completes its ongoing review process and the Registration Statement is declared effective, subject to market and other conditions.”

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

Filings

7

last 12 months

Capital events

3

last 24 months

Officers appointed

1

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.