EMINATE LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors believe that the entity will continue to be a going concern into the foreseeable future and have prepared the financial statements on a going concern basis. The Directors have confirmed the University is capable of providing this financial support but recognise that, owing to the informal (non-legally binding) nature of this support agreement which may be withdrawn, and the Company's reliance on this support, a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not contain any adjustments that would be required if the financial statements were prepared on a basis other than that of a going concern.

1. EMINATE LIMITED 2006-07-07 → present
2. SHOO 255 LIMITED 2006-06-20 → 2006-07-07

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors believe that the entity will continue to be a going concern into the foreseeable future and have prepared the financial statements on a going concern basis. The Directors have confirmed the University is capable of providing this financial support but recognise that, owing to the informal (non-legally binding) nature of this support agreement which may be withdrawn, and the Company's reliance on this support, a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business. The financial statements do not contain any adjustments that would be required if the financial statements were prepared on a basis other than that of a going concern.”

Group structure

1. EMINATE LIMITED · parent
   1. University of Nottingham Italy S.C.A.R.L. 0.25% · Italy

Significant events

• “The company's agreement to receive royalties for its intellectual property ended in December 2023.”
• “The company will continue in operation as a holding company for a 25% share in University of Nottingham Italy S.C.A.R.L ("UoN Italy").”

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

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -60%

  £25,000 → £10,000

• Net assets

  -6%

  -£3,774,000 → -£4,002,000

• Employees

  —

  Not reported

• Operating profit

  +17%

  -£47,000 → -£39,000

• Profit before tax

  -23.9%

  -£184,000 → -£228,000

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