TECH 21 UK LIMITED

• ⚠

  Material uncertainty over going concern

  Material uncertainty related to going concern due to reliance on financial support from ultimate parent company. Letter notes this is an expression of present policy and not a promise, indicating a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TECH 21 UK LIMITED 2006-06-15 → present
2. PLANET 21 EUROPE LIMITED 2006-02-27 → 2006-06-15
3. TRADEWISE LIMITED 2005-11-20 → 2006-02-27

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

“Material uncertainty related to going concern due to reliance on financial support from ultimate parent company. Letter notes this is an expression of present policy and not a promise, indicating a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “In June of 2024, the company was acquired by Telementum Global. Through the acquisition, the HSBC term loan and invoice discounting facility, as well as the open promissory notes discussed in Note 16 were settled in full.”

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

Filings

6

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

  -23.7%

  £27,006,811 → £20,611,224

• Cash

  -86.5%

  £1,069,989 → £144,795

• Net assets

  -37.4%

  -£6,992,953 → -£9,610,669

• Employees

  -47.9%

  117 → 61

• Operating profit

  -841.8%

  -£273,394 → -£2,574,856

• Profit before tax

  -20.8%

  -£2,167,174 → -£2,617,716

• Wages

  -27%

  £5,388,753 → £3,932,845

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