MOMENTUM SCOTLAND

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 3 to the financial statements which explains that the company has ceased its activities and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 3.

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

  -66.8%

  £127,999 → £42,502

• Cash

  +17.6%

  £7,343 → £8,634

• Net assets

  +0.4%

  -£165,098 → -£164,371

• Employees

  —

  Not reported

• Profit before tax

  -99.4%

  £127,999 → £727

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. MOMENTUM SCOTLAND 2003-03-26 → present
2. REHAB SCOTLAND 1990-10-15 → 2003-03-26

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 3 to the financial statements which explains that the company has ceased its activities and therefore the directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 3.”

Significant events

• “The Board of Momentum Scotland took the decision to cease the activities of the company during 2020 due to unsustainable losses being incurred.”
• “The directors plan to wind up the company during 2025.”
• “There have been no significant events affecting the company since the financial year-end.”

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

Filings

3

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.