TAP GLOBAL GROUP PLC

• ⚠

  Material uncertainty over going concern

  The group incurred an operating cash outflow of GBP183,386. These conditions indicate the existence of material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.

1. TAP GLOBAL GROUP PLC 2023-01-09 → present
2. QUETZAL CAPITAL PLC 2020-07-13 → 2023-01-09
3. WELNEY PLC 2014-05-30 → 2020-07-13
4. METROELECTRIC PLC 2007-11-27 → 2014-05-30
5. METROCAPITAL INFORMATION PLC 2006-11-06 → 2007-11-27
6. HALLCO 1350 LIMITED 2006-06-08 → 2006-11-06

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

Edwards Veeder (UK) Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The group incurred an operating cash outflow of GBP183,386. These conditions indicate the existence of material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.”

Group structure

1. TAP GLOBAL GROUP PLC · parent
   1. Tap Global Ltd 100% · Gibraltar
   2. Tap Technologies Limited 100% · Gibraltar
   3. Tap Americas LLC 100% · United States of America
   4. Tap Greece Single Member P.C. 100% · Greece

Significant events

• “Tap Group's admission to AIM in June 2025, which represented an important evolution in the Company's journey, providing broader visibility, enhanced liquidity and a more suitable platform from which to pursue long-term strategic ambitions.”
• “On 6 October 2025, Tap Global Limited entered into a settlement agreement with the Gibraltar Financial Services Commission ("GFSC") relating to historical compliance deficiencies identified within the Group's Gibraltar-regulated subsidiary.”
• “At 30 June 2025 the Group was involved in a contractual dispute relating to the early termination of a services agreement. In December 2025, the parties reached a settlement under which the Group received £250,000, of which £30,000 has been recognised as income in 2025.”

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

Filings

10

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +31.5%

  £2,646,574 → £3,479,286

• Cash

  +43.4%

  £565,281 → £810,729

• Net assets

  -62%

  £7,493,288 → £2,848,703

• Employees

  +37.5%

  8 → 11

• Profit before tax

  +68.6%

  -£18,173,925 → -£5,699,826

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