BSF ENTERPRISE PLC

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2d in the financial statements which indicates that it will be necessary for the group to obtain additional funding through financial arrangements or the issue of equity in order to continue as a going concern. As stated in note 2d, these events or conditions, along with the other matters, as set forth in note 2d, indicate that a material uncertainty exists that may cast significant doubt on the group's and parent 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

  -8.6%

  £57,821 → £52,840

• Cash

  -76.6%

  £637,656 → £149,020

• Net assets

  -14.8%

  £3,190,382 → £2,717,879

• Employees

  -26.3%

  19 → 14

• Operating profit

  +32.2%

  -£1,791,360 → -£1,215,089

• Profit before tax

  +32.3%

  -£1,797,506 → -£1,216,970

• Wages

  -5.8%

  £720,172 → £678,173

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2d in the financial statements which indicates that it will be necessary for the group to obtain additional funding through financial arrangements or the issue of equity in order to continue as a going concern. As stated in note 2d, these events or conditions, along with the other matters, as set forth in note 2d, indicate that a material uncertainty exists that may cast significant doubt on the group's and parent company's ability to continue as a going concern.”

Group structure

1. BSF ENTERPRISE PLC · parent
   1. 3D Bio-Tissues Limited 100% · England and Wales · Biotechnology
   2. BSF Enterprise (Hong Kong) Limited 100% · Hong Kong · Biotechnology, start-up
   3. Kerato Limited 100% · England and Wales · Lab-grown cornea research
   4. Cultivated Meat Technologies Limited 100% · England and Wales · Lab-grown meat research
   5. Lab-Grown Leather Limited 100% · England and Wales · Development of skin technology

Significant events

• “In December 2024, the Group successfully completed an oversubscribed fundraise of £500,000 through the placement of 20,000,000 new ordinary shares. The participation of management, who subscribed for 15% of the total raise, underscored a strong internal alignment with the Group's 2025 growth objectives. These funds were specifically allocated to support the commercialisation of the CytoBoost™ product line at 3DBT and to advance the planning for the LGL pilot production plant.”

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

Filings

13

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.