V-NOVA INTERNATIONAL LTD

• ⚠

  Material uncertainty over going concern

  The Directors have concluded that the circumstances set forth above indicate the existence of material uncertainty, which may cast doubt about the Group's ability to continue as a going concern, and therefore, that may be unable to realise its assets and discharge its liabilities in the normal course of business. However, they believe that taken as a whole, the factors described above make it probable that the Group will be able to continue as a going concern for the foreseeable future. The financial statements do not include the adjustments that would result if the Group were unable 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

  +284.9%

  £33,566 → £129,195

• Cash

  -4.4%

  £2,388,200 → £2,282,487

• Net assets

  +20.9%

  £17,386,563 → £21,022,481

• Employees

  +9.2%

  76 → 83

• Operating profit

  -35.2%

  -£10,251,483 → -£13,865,039

• Profit before tax

  -17%

  -£11,045,084 → -£12,917,703

• Wages

  +11.2%

  £6,064,999 → £6,745,600

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. 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.

1. V-NOVA INTERNATIONAL LTD 2012-06-19 → present
2. V-NOVA LIMITED 2011-12-20 → 2012-06-19

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have concluded that the circumstances set forth above indicate the existence of material uncertainty, which may cast doubt about the Group's ability to continue as a going concern, and therefore, that may be unable to realise its assets and discharge its liabilities in the normal course of business. However, they believe that taken as a whole, the factors described above make it probable that the Group will be able to continue as a going concern for the foreseeable future. The financial statements do not include the adjustments that would result if the Group were unable to continue as a going concern.”

Group structure

1. V-NOVA INTERNATIONAL LTD · parent
   1. V-Nova Services Limited 100% · UK · software and intellectual property development
   2. V-Nova Limited 100% · UK · software marketing and selling
   3. V-Nova Inc 100% · USA · software marketing and selling
   4. Parallaxter Srl 100% · Belgium · software and intellectual property development

Significant events

• “During the year the parent company successfully secured further funding from new and existing investors of £14.2m. Post balance sheet date, the Group received additional investment of £6.3m. On 1 April 2025, the Company appointed Dr Mary Meaney Haynes to its Board. LCEVC standard completed legislative process with full ratification in law from Brazil's President.”

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

Filings

19

last 12 months

Capital events

13

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.