ADS TECHNOLOGY SOLUTIONS UK LIMITED

• ⚠

  Material uncertainty over going concern

  As the Company is reliant on its Parent Company for financial support which is not guaranteed, a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -38.8%

  £8,400,138 → £5,144,118

• Cash

  -28.6%

  £123,553 → £88,273

• Net assets

  +44.3%

  £1,217,636 → £1,756,737

• Employees

  -9.1%

  22 → 20

• Operating profit

  +56.5%

  £499,482 → £781,726

• Profit before tax

  +54.2%

  £482,878 → £744,806

• Wages

  -32%

  £3,353,052 → £2,281,434

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.

1. ADS TECHNOLOGY SOLUTIONS UK LIMITED 2015-04-28 → present
2. PIONEER TRADER LIMITED 2014-09-10 → 2015-04-28
3. ADS SECURITIES LONDON LIMITED 2014-08-14 → 2014-09-10

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Cook & Partners Ltd

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As the Company is reliant on its Parent Company for financial support which is not guaranteed, a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “The company continues to monitor the conflict between Ukraine and Russia. Whilst this conflict does not have any material impact on the day to day operations of the company, the management team continue to monitor the events and will react accordingly should the need arise.”

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

Filings

2

last 12 months

Capital events

0

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.