CODASIP UK LIMITED

• ⚠

  Material uncertainty over going concern

  There is uncertainty over the success of future funding efforts and the cash resources of the business which represents a material risk to the company's ability to continue as a going concern. As stated in Note 10 these events or conditions 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

  +36.6%

  £6,804,837 → £9,295,124

• Cash

  -44.6%

  £189,229 → £104,834

  lowest in 3 filed years

• Net assets

  +363.4%

  £150,002 → £695,081

  highest in 3 filed years

• Employees

  +48.9%

  45 → 67

  highest in 3 filed years

• Operating profit

  +33.4%

  £97,314 → £129,845

• Profit before tax

  +32.5%

  £97,374 → £129,061

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.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Frazier & Deeter (UK Audit) LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“There is uncertainty over the success of future funding efforts and the cash resources of the business which represents a material risk to the company's ability to continue as a going concern. As stated in Note 10 these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. CODASIP UK LIMITED · parent
   1. Codasip GMBH 100% · Germany

Significant events

• “On 1 March 2025, fifty employees of Codasip UK were transferred and re-employed by the affiliated entity Codasip GmbH (UK establishment). This organizational change was implemented to support their active participation in the HPC Digital Autonomy with RISC-V in Europe (DARE) project.”
• “On 1 July 2025, the parent company Codasip GmbH announced a process to sell the company. Codasip has received early interest in being acquired, which has triggered the board to initiate an expedited sale process. The process was officially launched on 1 July 2025 and is planned to be completed within three months from the announcement. The board expects to consider offers to acquire the company in total, or portions of the company.”

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

Filings

2

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.