CLEAN POWER HYDROGEN GROUP LIMITED

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  Material uncertainty over going concern

  Note 1 indicates conditions that may cast significant doubt on the ability of the group and parent company to continue as a going concern. The Group and parent company require further funding over the next 12 months, which is not currently guaranteed. These events indicate a material uncertainty that may cast significant doubt on the ability to continue as a going concern.

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  Going-concern uncertainty disclosed

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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 —. 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. CLEAN POWER HYDROGEN GROUP LIMITED 2016-08-16 → present
2. CLEAN POWER HYDROGEN LIMITED 2016-07-19 → 2016-08-16

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Note 1 indicates conditions that may cast significant doubt on the ability of the group and parent company to continue as a going concern. The Group and parent company require further funding over the next 12 months, which is not currently guaranteed. These events indicate a material uncertainty that may cast significant doubt on the ability to continue as a going concern.”

Group structure

1. CLEAN POWER HYDROGEN GROUP LIMITED · parent
   1. Clean Power Hydrogen Limited 100% · Republic of Ireland · Holds intellectual property
   2. CPH2 Northern Ireland Limited 51% · Northern Ireland · Dormant (dissolved 28 April 2026)
   3. Hydrogen United Limited 100% · England · Dormant (dissolved 2 December 2025)

Significant events

• “Subsequent to the year end, an incident occurred in relation to a unit undergoing FAT. The unit build was not completed until March 2026, with further component adjustments made after 30 April 2026.”
• “The incident has had several consequential effects, including scrapping the damaged unit, a settlement of the customer contract, a change in business strategy to licencing and manufacturing partnerships, and potential insurance recovery.”
• “Work in progress amounting to £865,000 at 31 December 2025 is expected to be written down to £nil post year end.”
• “On 24 June 2026 the Group entered into a binding term sheet with Hidrigin whereby parties agree by no later than 31 July 2026, to effect the following material matters: Enter a convertible loan note for £750,000 with an interest rate of 10% per annum, and rights to convert both principal and interest to ordinary shares at specific trigger points.”

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

0

last 24 months

Officers appointed

1

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.