KORALA ASSOCIATES LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +29.9%

  £14,259,628 → £18,518,908

• Cash

  +17.4%

  £782,272 → £918,416

• Net assets

  +26.7%

  £13,227,179 → £16,754,791

• Employees

  +9.9%

  161 → 177

• Operating profit

  +34.3%

  £4,208,529 → £5,651,384

• Profit before tax

  +40%

  £3,748,269 → £5,247,417

• Wages

  +17.7%

  £6,256,268 → £7,363,768

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. KORALA ASSOCIATES LIMITED 1989-10-19 → present
2. FONACH LIMITED 1989-08-18 → 1989-10-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group and the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. KORALA ASSOCIATES LIMITED · parent
   1. KAL Italy S.R.L 100% · Italy
   2. KAL Software Mexico S.A. de C.V. 100% · Mexico
   3. KAL Software Inc 100% · USA
   4. KAL ATM Software India Private Limited 100% · India
   5. KAL Software Bucharest S.R.L 100% · Romania
   6. KAL Software Netherlands B.V. 100% · Netherlands
   7. KAL Technology (Shenzhen) Co., Ltd. 100% · China
   8. KAL ATM Software GmbH 100% · Germany
   9. Possavi Netherlands B.V. 100% · Netherlands
   10. KAL Software PTY Limited 100% · Australia
   11. KAL Software FZ LLC 100% · UAE
   12. Possavi UK Ltd 100% · United Kingdom
   13. KAL Software Vietnam Company Limited 100% · Vietnam

Significant events

• “KAL Software Netherlands B.V was deregistered from the Dutch trade register on 30 December 2024 and RTM Cash Holdings Gmbh was deregistered from the German Commercial Register on 6 February 2025.”
• “KAL Software CPC (Private) Limited was incorporated in Sri Lanka on 2 October 2024.”
• “KAL ATM Software Ireland Ltd, a subsidiary undertaking, was struck off on 8 July 2024.”

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

Filings

15

last 12 months

Capital events

6

last 24 months

Officers appointed

1

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.