ZENTRA GROUP PLC

• ⚠

  Material uncertainty over going concern

  Notwithstanding a loss for the year ending 30 June 2025 of £1.7m (2024: £3.4m), the financial statements have been prepared on a going concern basis which the directors consider to be appropriate. The Directors note that OHUK's ability to provide ongoing support is dependent on the successful completion of a number of material transactions within its wider group, including a refinancing and an asset disposal. These transactions are well advanced and continue to meet the key milestones agreed between the parties. However, as they remain incomplete at the date of this report, there is inherent uncertainty regarding their finalisation and the timing of completion. Together, these factors give rise to a material uncertainty related to the Group and Parent'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

  -45%

  £14,650,154 → £8,059,117

• Cash

  +974.6%

  £88,161 → £947,351

• Net assets

  +9.9%

  -£3,948,494 → -£3,555,914

• Employees

  -30%

  30 → 21

• Operating profit

  +47.7%

  -£2,446,556 → -£1,279,964

• Profit before tax

  +51.7%

  -£3,563,790 → -£1,720,894

• Wages

  -13%

  £1,304,792 → £1,135,124

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.

1. ZENTRA GROUP PLC 2024-10-11 → present
2. ONE HERITAGE GROUP PLC 2020-07-21 → 2024-10-11

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Notwithstanding a loss for the year ending 30 June 2025 of £1.7m (2024: £3.4m), the financial statements have been prepared on a going concern basis which the directors consider to be appropriate. The Directors note that OHUK's ability to provide ongoing support is dependent on the successful completion of a number of material transactions within its wider group, including a refinancing and an asset disposal. These transactions are well advanced and continue to meet the key milestones agreed between the parties. However, as they remain incomplete at the date of this report, there is inherent uncertainty regarding their finalisation and the timing of completion. Together, these factors give rise to a material uncertainty related to the Group and Parent's ability to continue as a going concern.”

Group structure

1. ZENTRA GROUP PLC · parent
   1. Zentra Property Development (UK) Limited 100% · UK · Property developer
   2. Zentra Churchgate Limited 100% · UK · Development company
   3. Zentra Red Brick Limited 100% · UK · Property services
   4. Zentra Property Services Limited 100% · UK · Property services
   5. One Heritage Seaton House Limited 100% · UK · Development company
   6. Zentra Construction Limited 100% · UK · Construction company
   7. Zentra Victoria Road Limited 100% · UK · Development company
   8. Zentra New Islington Limited 100% · UK · Development company
   9. St Petersgate Building Management Limited 100% · UK · Dormant

Significant events

• “On 11 July 2025, Zentra New Islington Limited completed the acquisition of a development site at Old Mill St, Manchester for £1.425m, funded by both debt and equity.”
• “Zentra completed the transfer of its listing from the Access segment of the Aquis Stock Exchange to the newly launched Aquis Real Asset Market on 21 July 2025.”
• “Subsequently, on 2 October 2025 the Group was granted 30,000 ordinary shares in Aram Advisors Limited for an aggregate subscription price of £30,000 which was not paid in cash, but as agreed satisfied in full by services rendered.”
• “On 9 September 2025, Zentra confirmed the grant of £2,781,818 share options under a Company Share Option Plan.”
• “On 5 December 2025, Zentra completed the disposal of the remaining land at Seaton House, Stockport for £0.4m.”
• “On 30 December 2025, Zentra agreed with OH UK Holdings Limited ("OHUK") that OHUK will make available a further amount of £3m to the Group if required, increasing the maximum aggregate funding available under the existing loan agreement to £11m until the Group receives repayment of its loan receivable from the One Victoria project in Manchester.”
• “On 30 December 2025, the Company also agreed to extend the maturity date of the £500,000 Loan Note from 14 March 2026 until the Group receives repayment of its loan receivable from the One Victoria project in Manchester.”

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

Filings

4

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.