SULNOX GROUP PLC

• ⚠

  Material uncertainty over going concern

  These events or conditions, along with further information as set forth in note 3 of the financial statements indicate the existence of a material uncertainty which may cast significant doubt over the Group and Parent 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

  +106%

  £544,120 → £1,121,075

• Cash

  +2.2%

  £2,146,718 → £2,193,725

  highest in 4 filed years

• Net assets

  -3.7%

  £9,243,902 → £8,906,319

  lowest in 4 filed years

• Employees

  +80%

  5 → 9

• Operating profit

  -125.7%

  -£1,882,479 → -£4,248,340

• Profit before tax

  -126.1%

  -£1,859,699 → -£4,205,314

• Wages

  +92.2%

  £450,636 → £866,098

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. SULNOX GROUP PLC 2018-09-08 → present
2. SULNOX FUEL FUSIONS PLC 2013-03-18 → 2018-09-08

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Gravita Audit II Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These events or conditions, along with further information as set forth in note 3 of the financial statements indicate the existence of a material uncertainty which may cast significant doubt over the Group and Parent Company's ability to continue as a going concern.”

Group structure

1. SULNOX GROUP PLC · parent
   1. Sulnox Research & Development Limited 100% · fuel emulsifier products
   2. Sulnox Limited 100% · fuel emulsifier products

Significant events

• “Sulnox's recorded turnover of £1.12m which represents an increase of 106.0% from the previous year.”
• “In February 2025 we were delighted to announce the partnership with Technava who were named exclusive agent covering the Greek and Cypriot markets.”
• “In December 2024, Sulnox raised £2,175,000 from a group of investors, consisting of both new and existing shareholders, including Constantine Logothetis, Nistadgruppen AS and Unicorn AIM VCT plc, and a new strategic investor in a wholly owned subsidiary of McQuilling Partners, Inc.”
• “In January 2025, the company signed a significant agreement with EPS Ventures Pte. Ltd. ("EPSV") to become a strategic shareholder in Sulnox.”
• “Upgraded to OTCQX from the OTCQB® Venture Market: The OTCQX Market is designed for established, investor-focused U.S. and international companies.”
• “Singapore production facility: The establishment of a Sulnox blending plant in Singapore, operated by global specialty chemicals leader Nouryon, represents a strategic advancement in Sulnox's manufacturing and supply chain capabilities.”

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

Filings

10

last 12 months

Capital events

9

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.