KTM SPORTMOTORCYCLE UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Company recorded a profit in the 2024 financial year of £104,862, maintained a positive shareholders' equity of £376,795 and the current assets exceed the current liabilities by £137,781 as of 31 December 2024. Although the figures of the Company are positive, the Company is dependent on the Group for its funding and operational activities. In that respect, attention is drawn to the consolidated financial statements of PIERER Mobility AG Group, the ultimate parent for KTM Sportmotorcycle UK Limited the year ended on 31 December 2024. During the 2024 business year, PIERER Mobility AG Group faced conditions which indicate the existence of a material uncertainty which may cast significant doubt about the Group's ability to continue its business as a going concern.

• ◆

  3 officer resignations in last 12 months

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

1. KTM SPORTMOTORCYCLE UK LIMITED 2014-10-09 → present
2. KTM - SPORTMOTORCYCLE UK LIMITED 1999-04-12 → 2014-10-09
3. KTM SPORT MOTORCYCLES UK LIMITED 1998-07-09 → 1999-04-12

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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Rödl & Partner Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company recorded a profit in the 2024 financial year of £104,862, maintained a positive shareholders' equity of £376,795 and the current assets exceed the current liabilities by £137,781 as of 31 December 2024. Although the figures of the Company are positive, the Company is dependent on the Group for its funding and operational activities. In that respect, attention is drawn to the consolidated financial statements of PIERER Mobility AG Group, the ultimate parent for KTM Sportmotorcycle UK Limited the year ended on 31 December 2024. During the 2024 business year, PIERER Mobility AG Group faced conditions which indicate the existence of a material uncertainty which may cast significant doubt about the Group's ability to continue its business as a going concern.”

Significant events

• “Global economic uncertainties have significantly impacted the motorcycle market in 2024. Factors such as fluctuating exchange rates, rising production costs and disruptions in the supply chain have created a challenging environment for both manufacturers and consumers alike.”
• “The KTM Group's estimates regarding the effects of the war in Ukraine are unchanged compared to the previous year. The KTM Group has not identified any material reason to significantly change its estimates and expectations as of 31 December 2024, due to the war in Ukraine.”
• “As of 29 November 2024, after examining the alternatives, Management Board of KTM AG (subsidiary of PIERER Mobility AG) has filed an application for the opening of judicial restructuring proceedings with self-administration over the assets of KTM AG (file number 17 S 56/24b) and its subsidiaries KTM Components GmbH (file number 17 S 59/24v) and KTM Forschungs & Entwicklungs GmbH (file number 17 S 62/24k) at the Regional Court of Ried im Innkreis, Austria.”
• “The above-mentioned restructuring plan was finally accepted by a majority of the creditors on 25 February 2025.”
• “The restructuring proceedings of KTM AG and its two subsidiaries were formally concluded on 23 May 2025, by the deposit of the 30% spot quota on 22 May 2025, in the amount of €525,000 by the court confirmation of the restructuring plan.”

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

Filings

9

last 12 months

Capital events

0

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.

• Turnover

  -23.4%

  £6,269,311 → £4,803,287

• Cash

  +130.5%

  £60,193 → £138,741

• Net assets

  -70.4%

  £1,271,933 → £376,795

• Employees

  +16.7%

  30 → 35

• Operating profit

  -88%

  £1,274,740 → £152,435

• Profit before tax

  -87.7%

  £1,279,594 → £157,142

• Wages

  +6.3%

  £1,716,198 → £1,824,084

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