DIRECTA PLUS PLC

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Material uncertainty over going concern

  These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Parent Company's ability to continue as going concern and therefore, the Group and the Parent Company may be unable to realise their assets or discharge their liabilities in the normal course of business.

• ◆

  3 officer resignations in last 12 months

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

1. DIRECTA PLUS PLC 2016-05-20 → present
2. DIRECTA PLUS LIMITED 2016-05-20 → 2016-05-20
3. DIRECTA PLUS UK LIMITED 2005-03-22 → 2016-05-20
4. TUNIS TRADING LTD. 2003-06-18 → 2005-03-22
5. 106 TUNIS ROAD PROPERTY MANAGEMENT LIMITED 2003-02-26 → 2003-06-18

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

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Parent Company's ability to continue as going concern and therefore, the Group and the Parent Company may be unable to realise their assets or discharge their liabilities in the normal course of business.”

Group structure

1. DIRECTA PLUS PLC · parent
   1. Directa Plus S.p.A. 100% · Italy · Producer and supplier of graphene-based materials and related products
   2. Directa Textile Solutions S.r.l. 73.5% · Italy · Commercialise textile membranes, including graphene-based technical and high-performance membranes
   3. Setcar S.A. 99.95% · Romania · Waste management and decontamination services business

Significant events

• “In June 2024, the Group raised gross proceeds of approximately £6.9 million through a placing and subscription involving the issuance of 38,361,106 new Ordinary Shares at a price of 18p each. The capital raised was used to acquire the remaining minority interest in Setcar.”
• “In May 2024, Directa Plus S.p.A. acquired an additional 48.96% stake in Setcar S.A. from GVC Investment Company Ltd., increasing its shareholding from 50.99% to 99.95%. The total consideration for the acquisition amounted to €1.5 million.”

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

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

0

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

  -36.7%

  £9,128,290 → £5,774,200

• Cash

  +108.1%

  £2,074,639 → £4,317,907

• Net assets

  +8.6%

  £5,705,725 → £6,198,517

• Employees

  -3.7%

  187 → 180

• Operating profit

  -29.4%

  -£3,627,493 → -£4,695,296

• Profit before tax

  -24.8%

  -£3,733,587 → -£4,658,563

• Wages

  +3.4%

  £3,292,189 → £3,405,527

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