CHILL BRANDS GROUP PLC

• ◆

  Material uncertainty over going concern

  These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. Nevertheless, having considered the Group's funding history, the level of engagement with existing and potential capital providers, and the actions available to it, the Directors have a reasonable expectation that the Group will be able to secure appropriate funding as required. In addition, the Directors remain prepared to take such steps as they consider necessary and appropriate to preserve liquidity, strengthen the balance sheet, and support the continued operation of the business. On this basis, the Directors believe that the Group will have adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements, and accordingly the financial statements have been prepared on a going concern basis.

• ·

  Going-concern uncertainty disclosed

• ·

  Negative shareholders' funds

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 —. Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior. 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. 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. CHILL BRANDS GROUP PLC 2021-08-13 → present
2. ZOETIC INTERNATIONAL PLC 2019-09-09 → 2021-08-13
3. HIGHLANDS NATURAL RESOURCES PLC 2014-11-13 → 2019-09-09

Accounting basis

UK-adopted International Accounting Standards

Reporting scope

Consolidated group

Auditor

RPG Crouch Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern. Nevertheless, having considered the Group's funding history, the level of engagement with existing and potential capital providers, and the actions available to it, the Directors have a reasonable expectation that the Group will be able to secure appropriate funding as required. In addition, the Directors remain prepared to take such steps as they consider necessary and appropriate to preserve liquidity, strengthen the balance sheet, and support the continued operation of the business. On this basis, the Directors believe that the Group will have adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements, and accordingly the financial statements have been prepared on a going concern basis.”

Group structure

1. CHILL BRANDS GROUP PLC · parent
   1. Highlands Natural Resources Corporation 100% · USA · dormant
   2. Highlands Montana Corporation 100% · USA · dormant
   3. Zoetic Corporation 100% · USA · developer and producer of nicotine-free vape products and other consumer packaged-goods products
   4. Chill Connect Limited 100% · England and Wales

Significant events

• “In October 2025, the Company announced that it had reached a settlement with a former professional adviser in relation to the various disputes that affected the Company during 2024.”
• “The settlement, which provided for a cash payment of approximately £210,000 to Chill Brands, was agreed amicably and reflected a commitment by both parties to resolve their issues constructively and professionally. The settlement sum was received in full in November 2025.”

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

1

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.