ZODIA CUSTODY LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -79.1%

  £16,142,633 → £3,375,196

• Cash

  -64.8%

  £9,860,955 → £3,472,378

• Net assets

  -83.3%

  £25,954,997 → £4,322,344

• Employees

  +57.8%

  45 → 71

• Profit before tax

  -1,189%

  -£1,930,926 → -£24,890,484

• Wages

  +126.4%

  £5,783,808 → £13,094,117

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management has produced forecasts and considered plausible downside scenarios which have been reviewed by the Directors. These demonstrate that the Company has sufficient resources to meet its obligations as they fall due for a period of 12 months from the date of signing of these Financial Statements. In addition, the Company's parent has committed to continue to provide financial support to the Company, as already demonstrated through investments made in prior years. In making their assessment, the Directors satisfied themselves that the parent company was in a position to provide such support. As such, the Directors are satisfied that the Company has adequate resources to continue to operate for the foreseeable future. For this reason, the Financial Statements have been prepared on a going concern basis.”

Group structure

1. ZODIA CUSTODY LIMITED · parent
   1. Zodia Custody (Ireland) Limited 100% · Ireland · Custody of digital assets
   2. Zodia Custody Australia Pty Ltd 100% · Australia · Custody of digital assets
   3. Zodia Custody (Hong Kong) Limited 100% · Hong Kong · Custody of digital assets
   4. Zodia Custody (Singapore) Pte. Ltd 100% · Singapore · Custody of digital assets
   5. Zodia Custody Limited France Branch 100% · France · Custody of digital assets

Significant events

• “On 10 February 2025, Zodia Holdings Limited subscribed for 4,999,999 notes through a convertible loan note facility in the Company at a subscription price of $1 per note.”
• “On 22 April 2025, Zodia Holdings Limited subscribed for an additional 5,000,000 notes through the same convertible loan note facility in the Company at a subscription price of $1 per note.”
• “On 5 June 2025, Zodia Holdings Limited subscribed for an additional 5,000,000 notes through the same convertible loan note facility in the Company at a subscription price of $1 per note.”
• “On 24 June 2025, the Company acquired Tungsten Holding Limited and its two wholly owned subsidiaries Tungsten Custody Solutions Limited and Tungsten Custody Solutions FZE. The transaction was funded through a newly created convertible loan note series.”
• “In August 2025, following continued delays and external developments, it was determined that SBI Zodia Custody would not become operational for the foreseeable future. As a result, management concluded that the investment should be impaired in full, and the carrying value reduced to nil in the 2025 financial statements.”

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

Filings

2

last 12 months

Capital events

1

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.