NOMENSA LTD

• ⚠

  Material uncertainty over going concern

  The directors have therefore considered the group's business activities, together with the factors likely to affect its future development, performance and position. The group meets its day-to-day working capital requirements through the management of its daily cashflows with the added security of having the availability of an RCF facility. The current economic conditions create uncertainty particularly over (a) the level of demand for the company's services; (b) the technology risk; and c) competition for staff. The group's forecasts and projections, which have been prepared based on expected levels of performance across the group, demonstrate that the group should be able to operate within the level of its current facility and to continue to meet its obligations under its borrowing agreements. However, while the Directors believe the group covenant measures will be met at each quarter date through to September 2026, other matters such as the current economic conditions do create a material uncertainty. The Directors feel that there is sufficient headroom within these facilities and expect any downturn in performance to be managed through close control of costs. The Directors will continue to maintain open and transparent communications with the lenders about its performance and future borrowing needs and no matters have been drawn to its attention to suggest that continued support will not be forthcoming. The Directors also have the full support of its shareholders, which has been demonstrated with some additional group investment since the year end. The directors therefore feel that despite the challenges of the current economic environment, they have a reasonable expectation that the company and group has adequate resources to continue in operational existence for the foreseeable future, and to meet its liabilities as and when they fall due. In this regard the Directors of this company have received a letter of support from the group confirming this ongoing support for a period of 12 months from the signing of these accounts. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. NOMENSA LTD 2002-03-01 → present
2. CREATIVE DIGITAL INTERACTIVE LTD 2001-05-10 → 2002-03-01

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have therefore considered the group's business activities, together with the factors likely to affect its future development, performance and position. The group meets its day-to-day working capital requirements through the management of its daily cashflows with the added security of having the availability of an RCF facility. The current economic conditions create uncertainty particularly over (a) the level of demand for the company's services; (b) the technology risk; and c) competition for staff. The group's forecasts and projections, which have been prepared based on expected levels of performance across the group, demonstrate that the group should be able to operate within the level of its current facility and to continue to meet its obligations under its borrowing agreements. However, while the Directors believe the group covenant measures will be met at each quarter date through to September 2026, other matters such as the current economic conditions do create a material uncertainty. The Directors feel that there is sufficient headroom within these facilities and expect any downturn in performance to be managed through close control of costs. The Directors will continue to maintain open and transparent communications with the lenders about its performance and future borrowing needs and no matters have been drawn to its attention to suggest that continued support will not be forthcoming. The Directors also have the full support of its shareholders, which has been demonstrated with some additional group investment since the year end. The directors therefore feel that despite the challenges of the current economic environment, they have a reasonable expectation that the company and group has adequate resources to continue in operational existence for the foreseeable future, and to meet its liabilities as and when they fall due. In this regard the Directors of this company have received a letter of support from the group confirming this ongoing support for a period of 12 months from the signing of these accounts. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

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

Filings

5

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

  —

  Not reported

• Cash

  -62.1%

  £343,536 → £130,291

  lowest in 5 filed years

• Net assets

  -3%

  £5,593,136 → £5,426,305

• Employees

  -17.6%

  119 → 98

• Profit before tax

  -142.1%

  £346,903 → -£146,103

  lowest in 3 filed years

• Wages

  -9%

  £5,846,186 → £5,318,205

  lowest in 3 filed years

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