SHOWPIECE TECHNOLOGIES LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 3 in the financial statements, which indicates that the amount and timing of both future funding and future operating cashflows is uncertain. As stated in note 3, these events or conditions, along with the other matters as set forth in note 3, indicate that a material uncertainty exists that 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

  -99.2%

  £31,466 → £250

• Cash

  -95.9%

  £1,394,291 → £57,358

  lowest in 4 filed years

• Net assets

  -2.3%

  -£2,565,205 → -£2,623,777

  lowest in 4 filed years

• Employees

  -100%

  7 → 0

  lowest in 4 filed years

• Operating profit

  +87.2%

  -£457,463 → -£58,572

• Profit before tax

  +87.2%

  -£457,463 → -£58,572

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

Auditor

Meadows & Co Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 3 in the financial statements, which indicates that the amount and timing of both future funding and future operating cashflows is uncertain. As stated in note 3, these events or conditions, along with the other matters as set forth in note 3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

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

0

last 12 months

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