OKDO TECHNOLOGY LIMITED

• ⚠

  Material uncertainty over going concern

  The Company intends to cease trading in the next 12 months and the Directors intend to liquidate or strike off the Company in due course, once all remaining balances have been settled. As a result the accounts 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

  -76.2%

  £9,521,680 → £2,270,371

• Cash

  -100%

  £334,658 → £0

• Net assets

  -27.3%

  -£24,459,437 → -£31,140,206

• Employees

  -31.8%

  22 → 15

• Operating profit

  +16.3%

  -£6,554,297 → -£5,489,145

• Profit before tax

  +2.2%

  -£7,228,724 → -£7,068,871

• Wages

  -31.8%

  £1,403,863 → £957,365

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. 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. OKDO TECHNOLOGY LIMITED 2019-02-14 → present
2. PEAKE 123 LIMITED 2018-08-07 → 2019-02-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company intends to cease trading in the next 12 months and the Directors intend to liquidate or strike off the Company in due course, once all remaining balances have been settled. As a result the accounts have been prepared on a basis other than going concern.”

Significant events

• “Intangible fixed assets have been fully impaired, a contract termination provision has been recognised and all creditors have been classified as current on the basis that settlement will occur in the next 12 months.”
• “The Company has agreed with its third-party logistics service provider to pay £100,000 to early terminate in October 2024 the contract that was scheduled to end in October 2025.”

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.