AGRIVERT LIMITED

• ⚠

  Material uncertainty over going concern

  The financial information in these financial statements has been prepared on a going concern basis. Trading activities in the Company have significantly reduced since the year end and the Directors have prepared forecasts which indicate that the Company will have insufficient cash to meet ongoing commitments for the foreseeable future, defined as a period of at least 12 months from the date of signing these financial statements. Therefore, the Company is reliant on the shareholders of the parent company to provide the necessary financial support to meet its debts as they fall due. Whilst the Directors have a reasonable expectation that funding will be provided by the shareholders based on previous practice, future amounts are not contractually committed. These circumstances represent a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern. These financial statements do not contain any adjustments that might result if the Company was unable to continue as a going concern.

• ◆

  4 officer resignations in last 12 months

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

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

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

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial information in these financial statements has been prepared on a going concern basis. Trading activities in the Company have significantly reduced since the year end and the Directors have prepared forecasts which indicate that the Company will have insufficient cash to meet ongoing commitments for the foreseeable future, defined as a period of at least 12 months from the date of signing these financial statements. Therefore, the Company is reliant on the shareholders of the parent company to provide the necessary financial support to meet its debts as they fall due. Whilst the Directors have a reasonable expectation that funding will be provided by the shareholders based on previous practice, future amounts are not contractually committed. These circumstances represent a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern. These financial statements do not contain any adjustments that might result if the Company was unable to continue as a going concern.”

Group structure

1. AGRIVERT LIMITED · parent
   1. AJA O-Power Limited 60% · Hong Kong

Significant events

• “Following a strategic review in Summer 2025 the Company has decided to cease all operations outside of Hong Kong. This will significantly reduce the overall scope and size of the business although it should improve EBITDA and reduce overall losses.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -43.8%

  £22,741,219 → £12,785,069

• Cash

  +417.1%

  £157,364 → £813,773

• Net assets

  -121.4%

  £1,764,254 → -£377,909

• Employees

  -40%

  20 → 12

• Operating profit

  -991.2%

  £237,717 → -£2,118,454

• Profit before tax

  -12,626.5%

  £17,041 → -£2,134,649

• Wages

  +24.9%

  £1,766,514 → £2,205,544

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers