NYCE INTERNATIONAL PLC

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  Material uncertainty over going concern

  The group incurred a net loss of £1,092,000 during the period ended 31 December 2025 and, as of that date, the group's accumulated profit and loss reserves were in deficit by £3,498,000 and the cash balance was £73,000. As stated in note 3, these events or conditions along with other matters as set forth in note 3, indicate that a material uncertainty exists that may cast significant doubt on the groups's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 18 months versus 12 months prior. 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.

1. NYCE INTERNATIONAL PLC 2025-04-03 → present
2. CHALLENGERX PLC 2021-06-07 → 2025-04-03

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

MAH, Chartered Accountants

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The group incurred a net loss of £1,092,000 during the period ended 31 December 2025 and, as of that date, the group's accumulated profit and loss reserves were in deficit by £3,498,000 and the cash balance was £73,000. As stated in note 3, these events or conditions along with other matters as set forth in note 3, indicate that a material uncertainty exists that may cast significant doubt on the groups's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. NYCE INTERNATIONAL PLC · parent
   1. Nyce International Limited 100% · Hong Kong · Payment solutions and B2B marketplace
   2. Nyce Affiliates 100% · Hong Kong · Affiliate marketing and commission services
   3. Holy Holdings 100% · Isle of Man · Platform and software licensing
   4. Virya VC Limited 100% · United Kingdom · Dormant

Significant events

• “10 March 2026: The Company announced the launch of a strategic editorial and commercial partnership with Yogonet, a global B2B media outlet serving the gaming and betting industry, to establish a dedicated co-branded content area for the NYCE Marketplace.”
• “13 March 2026: The Company secured £100,000 in loan funding from Gana Media Group Plc, an existing shareholder, to support ongoing working capital requirements.”
• “29 April 2026, the Company successfully completed a capital fundraise, securing £50,000 in additional funding.”
• “The Company expanded its portfolio through the launch of INNOVASSION, a new iGaming software development initiative established as a strategic joint venture alongside Spandan Mahanta, in which the Group holds a majority interest.”

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

Filings

14

last 12 months

Capital events

6

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.