THREDD UK LIMITED

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  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's period length differs materially from the prior year. 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. THREDD UK LIMITED 2023-04-26 → present
2. GLOBAL PROCESSING SERVICES (UK) LIMITED 2015-12-22 → 2023-04-26

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG Audit LLC

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements (the "going concern period").”

Significant events

• “During 2024, as part of a group structure clean-up process, the following entities were placed into Members' Voluntary Liquidation (MVL) due to its minimal activity and lack of contribution to day-to-day operations, the liquidation process is still ongoing.”
• “The Company's ultimate key shareholders committed and subscribed additional equity of £19.9 million by way of a cash injection into the Group in early 2026.”
• “On 12 May 2026, the Company entered a cancellable 5-year lease agreement for new office premises in London (33 Kingsway, WC2B 6UF)), commencing 12 May 2026, with fixed annual payments of £0.9 million and an incremental borrowing rate of 4.5% - 6.0%. In March 2026, the Company agreed with the landlord of its existing London office (Kingsbourne House, WC1V 7DA) to utilize a break clause to terminate that lease effective 31 May 2026, which would otherwise have run to 31 May 2027, had no financial impact.”

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

Filings

5

last 12 months

Capital events

1

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.