ASHINGTON INNOVATION PLC

• ⚠

  Material uncertainty over going concern

  The plans to raise additional equity capital from existing and new shareholders, and the successful completion of a suitable acquisition are matters that are not entirely within the control of the Directors and represent a material uncertainty which 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

  —

  Not reported

• Cash

  -72.8%

  £185,810 → £50,565

  lowest in 4 filed years

• Net assets

  -185%

  £99,885 → -£84,863

  lowest in 4 filed years

• Employees

  0%

  5 → 5

• Profit before tax

  +25.9%

  -£268,558 → -£199,094

• Wages

  0%

  £18,000 → £18,000

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. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The plans to raise additional equity capital from existing and new shareholders, and the successful completion of a suitable acquisition are matters that are not entirely within the control of the Directors and represent a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern.”

Significant events

• “There have been no significant events affecting the Company since the year end. However the Company's loan facility entered during the year has been increased in amount and the repayment term extended as referenced on page 2 of the Strategic Report under the Going Concern heading.”

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

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.