IETG HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.2 in the financial statements, which explains that following the year end, the directors made the decision to wind up the trade of the company. As stated in note 2.2, the directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.

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

  —

  Not reported

• Cash

  +223.8%

  £1,138 → £3,685

  highest in 3 filed years

• Net assets

  -98.6%

  £24,232 → £345

  lowest in 3 filed years

• Employees

  —

  Not reported

• Operating profit

  +99.8%

  -£52,436 → -£107

  highest in 3 filed years

• Profit before tax

  +72%

  -£85,178 → -£23,887

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

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.2 in the financial statements, which explains that following the year end, the directors made the decision to wind up the trade of the company. As stated in note 2.2, the directors therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.”

Group structure

1. IETG HOLDINGS LIMITED · parent
   1. 40Seven Limited 1%
   2. IETG Limited 1%

Significant events

• “Following the year end, the directors made the decision to wind up the company within 12 months from the date of sign off of these accounts.”

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

Filings

3

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.