POLLINATE INTERNATIONAL LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2 to the financial statements which explains that the company will need to raise further finance to enable it to meet its liabilities as they fall due. While the Directors expect to secure funding from external investors or current shareholders to continue to support the company, there are no formal agreements in place at the date of the audit report. As stated in note 2, these conditions represent a material uncertainty that may cast significant doubt on the company's ability to continue as a 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

  -68.2%

  £24,423,439 → £7,774,284

• Cash

  -64%

  £15,231,198 → £5,478,108

  lowest in 4 filed years

• Net assets

  -10.3%

  -£112,068,782 → -£123,584,295

• Employees

  -46.8%

  109 → 58

• Operating profit

  +27.4%

  -£20,629,324 → -£14,977,904

• Profit before tax

  +29.1%

  -£20,411,634 → -£14,474,383

• Wages

  -42.1%

  £15,640,028 → £9,051,381

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. POLLINATE INTERNATIONAL LIMITED 2019-01-14 → present
2. POLLINATE NETWORKS LIMITED 2017-10-03 → 2019-01-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2 to the financial statements which explains that the company will need to raise further finance to enable it to meet its liabilities as they fall due. While the Directors expect to secure funding from external investors or current shareholders to continue to support the company, there are no formal agreements in place at the date of the audit report. As stated in note 2, these conditions represent a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. POLLINATE INTERNATIONAL LIMITED · parent
   1. Pollinate (Australia) Pty Ltd 100% · Australia · Software development and services to banks
   2. Pollinate (US) Inc 100% · USA · Software development and services to banks

Significant events

• “While the directors do not think that any macroeconomic events such as cost of living inflation, interest rate increases and the ongoing international conflicts have any material impact on the company's business outlook, the directors are continuing to monitor, assess and act to the current changing environment in order to position the company to ensure its future success.”
• “In November 2024, NatWest agreed a new five-year contract for access to the new productised platform and Pollinate entered the U.S. market with a five-year contract with Truist Bank.”

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.