BEACON TECHNOLOGIES LTD

• ⚠

  Material uncertainty over going concern

  Material uncertainty relating to going concern. At 31 December 2024 the Group and Parent Company are dependent on the receipt of additional fundraising to enable them to meet their liabilities as they fall due. The fundraise has not yet been formally completed, with no written agreement in place.

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

  +246.7%

  £58,052 → £201,266

• Cash

  -31.1%

  £4,067,326 → £2,802,317

• Net assets

  -72.9%

  £6,907,084 → £1,870,655

• Employees

  -54.7%

  64 → 29

• Operating profit

  +49.5%

  -£11,120,760 → -£5,615,562

• Profit before tax

  +50.6%

  -£11,057,146 → -£5,467,593

• Wages

  -50.9%

  £7,382,015 → £3,624,486

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. 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. BEACON TECHNOLOGIES LTD 2020-05-12 → present
2. GLOBAL TECHNOLOGY HOLDINGS LTD 2018-11-07 → 2020-05-12

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Material uncertainty relating to going concern. At 31 December 2024 the Group and Parent Company are dependent on the receipt of additional fundraising to enable them to meet their liabilities as they fall due. The fundraise has not yet been formally completed, with no written agreement in place.”

Group structure

1. BEACON TECHNOLOGIES LTD · parent
   1. Beacon Technologies Nominees Ltd 100% · United Kingdom

Significant events

• “Beacon Capital Solutions Limited entered into voluntary liquidation on 26 June 2024. As a result of entering voluntary liquidation, there was a loss of control and therefore this is treated as a disposed investment.”
• “On 8 January 2025, the Company repaid the directors loan in full, paying £314,844 and incurring total interest of £14,844.”
• “Subsequent to the year end, the Company issued 3,984,389 warrants over B preferred shares.”

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

Filings

15

last 12 months

Capital events

8

last 24 months

Officers appointed

0

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.