SULNOX GROUP PLC

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  Material uncertainty over going concern

  However, due to the uncertainties described above, the Board considers this risk to pose an uncertainty in respect of future cash flows in the Company and the Group, which may cast significant doubt about the Group's, and in turn the Company's, ability to continue as a going concern.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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

“However, due to the uncertainties described above, the Board considers this risk to pose an uncertainty in respect of future cash flows in the Company and the Group, which may cast significant doubt about the Group's, and in turn the Company's, ability to continue as a going concern.”

Group structure

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

Significant events

• “In June 2025 Sulnox raised £1,000,000 from a group of new and existing investors led by a shipowner whose company has been using Sulnox Eco on multiple vessels, and Nistadgruppen AS ('Nistad').”
• “Subsequent to the year end, in April 2026, Sulnox raised £2,000,000 from a group of investors, led by a shipowner whose company has been using Sulnox Eco on multiple vessels for more than two years, and Nistad.”

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

Filings

9

last 12 months

Capital events

14

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.