ALCO TEAM LIMITED

• ⚠

  Material uncertainty over going concern

  These conditions, along with the other matters explained in note 1.6 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the group's and the company's ability to continue as a going concem.

• ◆

  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

  -2.3%

  £12,956,141 → £12,657,864

• Cash

  -53%

  £703,198 → £330,668

• Net assets

  -38.7%

  -£2,379,334 → -£3,300,303

  lowest in 4 filed years

• Employees

  +2.3%

  87 → 89

  highest in 4 filed years

• Operating profit

  -3,898.7%

  -£28,541 → -£1,141,277

• Profit before tax

  -985.4%

  -£115,348 → -£1,251,944

• Wages

  +30.5%

  £2,644,281 → £3,451,795

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers CI LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“These conditions, along with the other matters explained in note 1.6 to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the group's and the company's ability to continue as a going concem.”

Group structure

1. ALCO TEAM LIMITED · parent
   1. Wild Water Cold Storage Limited 100% · England and Wales · Provision of temperature-controlled storage facilities and associated services.
   2. Wild Water Frozen Limited 100% · England and Wales · Provision of temperature-controlled storage facilities and associated services.
   3. Wild Water Storage Limited 100% · England and Wales · Provision of temperature-controlled storage facilities and associated services.
   4. Wild Water Warehousing Limited 100% · England and Wales · Provision of temperature-controlled storage facilities and associated services.
   5. Wild Water Transport Limited 100% · England and Wales · Transportation services.

Significant events

• “On 16 December 2025, DV5 LP, the ultimate controlling party, provided a letter of support to the Group for the period to 31 December 2026. The Ultimate Parent will provide financial support to the Group such that the Group is able to operate as a going concern and to settle its liabilities as they fall due.”
• “The immediate parent entity has undertaken a strategic review, considering options to further grow and develop the Group and maximise shareholder returns. Possible options include the sale of the business to a larger cold storage operator and raising equity or debt capital from the existing ultimate shareholder or new investors.”

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

1

last 12 months

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