IO CONSULTING (ENERGY) UK LLP

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2.3 in the financial statements, which outlines that the LLP and Group operate in a competitive market and are primarily funded by members' capital. While the Group has not required financial support during the current financial year and is not loss-making, the members remain vigilant of future funding requirements and have confirmed their ongoing commitment to provide financial support as needed. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent LLP's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +91.2%

  £10,713,460 → £20,482,422

• Cash

  -25.6%

  £1,281,196 → £953,645

• Net assets

  +4.4%

  £3,059,730 → £3,194,698

• Employees

  +16%

  50 → 58

  highest in 6 filed years

• Operating profit

  +104.7%

  -£2,029,969 → £95,033

• Profit before tax

  +104.5%

  -£2,028,867 → £90,569

• Wages

  +2.1%

  £5,018,464 → £5,121,551

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.

1. IO CONSULTING (ENERGY) UK LLP 2021-11-09 → present
2. IO OIL & GAS UK LLP 2014-12-29 → 2021-11-09

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Streets Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2.3 in the financial statements, which outlines that the LLP and Group operate in a competitive market and are primarily funded by members' capital. While the Group has not required financial support during the current financial year and is not loss-making, the members remain vigilant of future funding requirements and have confirmed their ongoing commitment to provide financial support as needed. As stated in note 2.3, these events or conditions, along with the other matters as set forth in note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group's or the parent LLP's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Group structure

1. IO CONSULTING (ENERGY) UK LLP · parent
   1. IO Consulting Australia Pty Ltd 100% · Australia
   2. IO Consulting Europe B.V 100% · Netherlands

Significant events

• “The principal activity of the LLP and the Group continued to be that of consultancy in the energy market.”

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

Filings

4

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.