SF INSURETECH (UK) LTD

• ⚠

  Material uncertainty over going concern

  We draw attention to Notes 1.2 and 17 in the financial statements, which indicates that the company requires the continued support of the parent entity. As stated in Note 17, events or conditions do exist that indicate that a material uncertainty exists 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

  +1.4%

  £1,877,006 → £1,903,114

• Cash

  -46.8%

  £136,228 → £72,495

• Net assets

  +39%

  £174,002 → £241,912

• Employees

  0%

  14 → 14

• Operating profit

  +1%

  £89,696 → £90,624

• Profit before tax

  +1.3%

  £89,436 → £90,624

• Wages

  +4.7%

  £1,225,438 → £1,282,805

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

SRG (AUDIT) LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Notes 1.2 and 17 in the financial statements, which indicates that the company requires the continued support of the parent entity. As stated in Note 17, events or conditions do exist that indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “SF Insuretech Inc has evaluated its cash projections for 2025 and 2026 and determined there are conditions present that create uncertainty about the ability to continue operations through one year from the date the financial statements were available to be issued. The parent entity has determined that obtaining additional capital contributions would alleviate this uncertainty. As a result the parent entity is implementing its plan to raise additional capital from its existing owners and new investors in the coming months. The parent entity raised $4,975,000 through convertible notes, with $2,350,000 coming subsequent to year-end, and has plans for an additional convertible notes raise of up to $6,000,000 in 2025.”

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

Filings

7

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.