INTELLIGENT GROWTH SOLUTIONS LIMITED

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  Material uncertainty over going concern

  At the time of approval of these financial statements, the directors have a reasonable expectation that the group and company has sufficient cash reserves to allow time to commence key customer projects. In the event that there are delays to the commencement dates of key customer projects, the company will require further investment to bridge the gap to anticipated customer cash deposits, as cash reserves are forecasted to be exhausted before the end of 2026. As a result, the directors consider that these matters give rise to a material uncertainty which may cast doubt about the group and company's ability to continue as a going concern.

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  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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. 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.

1. INTELLIGENT GROWTH SOLUTIONS LIMITED 2013-06-19 → present
2. KINBURN (185) LIMITED 2013-01-17 → 2013-06-19

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At the time of approval of these financial statements, the directors have a reasonable expectation that the group and company has sufficient cash reserves to allow time to commence key customer projects. In the event that there are delays to the commencement dates of key customer projects, the company will require further investment to bridge the gap to anticipated customer cash deposits, as cash reserves are forecasted to be exhausted before the end of 2026. As a result, the directors consider that these matters give rise to a material uncertainty which may cast doubt about the group and company's ability to continue as a going concern.”

Group structure

1. INTELLIGENT GROWTH SOLUTIONS LIMITED · parent
   1. Intelligent Growth Solutions Inc. 100% · USA · research and development, productisation and supply of systems and services using science and technology, for industrial applications, principally in sustainable Controlled Environment Agriculture.
   2. Intelligent Growth Solutions Pte. Ltd. 100% · Singapore · research and development, productisation and supply of systems and services using science and technology, for industrial applications, principally in sustainable Controlled Environment Agriculture.

Significant events

• “The group raised an additional £1.2m in January 2026 and £5.4m in February 2026, through the issue of additional Convertible Loan Notes.”

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

Filings

20

last 12 months

Capital events

7

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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