GLOBACAP TECHNOLOGY LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-09-30.

• ⚠

  Material uncertainty over going concern

  The directors have assessed the Company's ability to continue as a going concern in light of the current financial position and acknowledge a material uncertainty in that regard. Given this material uncertainty, the directors have placed a particular focus on the appropriateness of adoption the going concern basis in preparing the financial statements for the year ended 31 December 2023.

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  -16.1%

  £922,313 → £773,446

• Cash

  +908.3%

  £806,127 → £8,128,442

• Net assets

  +391.4%

  £1,892,481 → £9,300,512

• Employees

  0%

  46 → 46

• Operating profit

  -44.7%

  -£4,942,864 → -£7,152,062

• Profit before tax

  -42%

  -£4,942,932 → -£7,021,117

• Wages

  +33.8%

  £2,847,225 → £3,810,027

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Forvis Mazars

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have assessed the Company's ability to continue as a going concern in light of the current financial position and acknowledge a material uncertainty in that regard. Given this material uncertainty, the directors have placed a particular focus on the appropriateness of adoption the going concern basis in preparing the financial statements for the year ended 31 December 2023.”

Group structure

1. GLOBACAP TECHNOLOGY LIMITED · parent
   1. Globacap Limited 100% · London, England
   2. Globacap BV 100% · Amsterdam
   3. Globacap GmbH 100% · Zug, Switzerland
   4. Globacap Inc. 100% · New York, NY
   5. Globacap Private Markets Inc. 100% · New York, NY

Significant events

• “The Company successfully raised additional funding in April 2023 with the aim to support growth initiatives.”
• “On 8 June 2023, the Company acquired 100% ownership of Globacap Inc., a newly incorporated entity, by subscribing to share capital issued by the subsidiary.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.