AMINO COMMUNICATIONS LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements of the ultimate parent company included a material uncertainty related to going concern and as a result this indicates that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. Therefore the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.

1. AMINO COMMUNICATIONS LIMITED 1998-07-15 → present
2. NEWSTOCK LIMITED 1998-01-08 → 1998-07-15

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

S&W Partners Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements of the ultimate parent company included a material uncertainty related to going concern and as a result this indicates that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. Therefore the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “During the year, the Company's revenue decreased by 66.7% due to falling Pay TV device revenue.”
• “The significant decrease in Pay TV device revenues over the past three years has been driven by heightened competition from commoditised, low-margin Pay TV streaming devices.”
• “To address these trends, we proactively reduced Amino's cost base in the first half of the year, aligning with this anticipated revenue decline.”
• “Overall the Company made an adjusted operating loss of £2,088,272 (2023: £2,642,978).”
• “Encouragingly, advance sales orders also increased in the latter half of FY2024, providing a solid foundation heading into FY2025.”

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.

• Turnover

  -66.7%

  £15,996,809 → £5,334,835

• Cash

  -62%

  £1,952,244 → £741,996

• Net assets

  -24.4%

  -£10,363,256 → -£12,888,632

• Employees

  -26.1%

  23 → 17

• Operating profit

  +94.4%

  -£41,483,750 → -£2,341,292

• Profit before tax

  +93.5%

  -£41,656,634 → -£2,689,890

• Wages

  -18.4%

  £2,502,536 → £2,042,042

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