PANASEER LIMITED

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

  +1.9%

  £9,998,937 → £10,189,036

• Cash

  -54.9%

  £11,609,259 → £5,233,754

• Net assets

  -134.3%

  £4,599,903 → -£1,577,964

• Employees

  -14.2%

  113 → 97

• Operating profit

  +26.1%

  -£8,300,158 → -£6,130,309

• Profit before tax

  +25.9%

  -£8,883,080 → -£6,580,959

• Wages

  -10.2%

  £11,994,497 → £10,774,742

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above, the Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. PANASEER LIMITED · parent
   1. Panaseer Inc 100% · Delaware United States · licensed distributor of the Panaseer Limited licenses

Significant events

• “Subsequent to the balance sheet date, in February 2026, the Group raised $6,000k through the issue of a convertible loan note subscribed for by existing investors, and agreed amendments to its venture debt facility with HSBC Innovation Bank to defer principal repayments for up to 12 months and extend the subsequent amortisation period from 23 to 27 months.”

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

8

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.