FARFETCH UK LIMITED

• ⚠

  Material uncertainty over going concern

  These financial statements have been prepared on a going concern basis; however, the Company is dependent on the continued operation of the Farfetch Group, which may require additional financing to satisfy its obligations as they fall due in the 12-month period from the approval of these financial statements. Given the challenging market conditions noted above and the expected geopolitical changes, namely the implementation of tariffs imposed by the United States, the continued operation of the Farfetch Group and availability of additional financing cannot be assured and, hence, these conditions indicate a material uncertainty which may cast significant doubt over the Company's ability to continue as a going concern. These financial statements do not include any adjustments if the Company were unable to continue as a going concern.

1. FARFETCH UK LIMITED 2013-06-21 → present
2. FARFETCH.COM LIMITED 2010-05-17 → 2013-06-21
3. FAR-FETCH.COM LIMITED 2007-10-16 → 2010-05-17

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These financial statements have been prepared on a going concern basis; however, the Company is dependent on the continued operation of the Farfetch Group, which may require additional financing to satisfy its obligations as they fall due in the 12-month period from the approval of these financial statements. Given the challenging market conditions noted above and the expected geopolitical changes, namely the implementation of tariffs imposed by the United States, the continued operation of the Farfetch Group and availability of additional financing cannot be assured and, hence, these conditions indicate a material uncertainty which may cast significant doubt over the Company's ability to continue as a going concern. These financial statements do not include any adjustments if the Company were unable to continue as a going concern.”

Group structure

1. FARFETCH UK LIMITED · parent
   1. Beijing Qizhi Ruisi Information Consulting Co., Ltd 100% · People's Republic of China · E-commerce services
   2. Browns (South Molton Street) Limited 100% · United Kingdom · Retail
   3. F Concierge France S.A.S. 100% · France · Retail
   4. Fafaqi (Shanghai) Network Technology Development Co., Ltd. 100% · People's Republic of China · E-commerce services
   5. Farfetch Australia Pty Ltd 100% · Australia · Back office support
   6. Farfetch Canada Limited 100% · Canada · Retail
   7. Farfetch China Holdings Ltd 75% · United Kingdom · Retail
   8. Farfetch EG LLC 99% · Egypt · Back office support
   9. Farfetch Europe Trading B.V. 100% · The Netherlands · Retail
   10. Farfetch HK Holdings Limited 100% · Hong Kong · Holding company
   11. Farfetch India Private Limited 99.99% · India · Back office support
   12. Farfetch International Limited 100% · Isle of Man · Holding company
   13. Farfetch Japan Co., Ltd. 100% · Japan · E-commerce and marketing
   14. Farfetch Mexico, S.A. de C.V. 99% · Mexico · Back office support
   15. Farfetch Platform Solutions Limited 100% · United Kingdom · E-commerce services
   16. Farfetch Portugal-Unipessoal, Lda 100% · Portugal · Back office support
   17. Farfetch RU LLC 100% · Russian Federation · Dormant company
   18. Farfetch Store of the Future Limited 100% · United Kingdom · Dormant company
   19. Farfetch W3 FZE 100% · United Arab Emirates · E-commerce services
   20. Fashion Concierge UK Limited 100% · United Kingdom · E-commerce services
   21. SG Enterprises Europe B.V. 100% · The Netherlands · Retail
   22. Upteam Corporation Limited 100% · Hong Kong · Holding company
   23. Farfetch (Shanghai) E-Commerce Co., Ltd. 100% · People's Republic of China · E-commerce services
   24. Farfetch Brasil China Exportacao Ltda 100% · Brazil · E-commerce services
   25. Farfetch China (HK Holdings) Limited 100% · Hong Kong · Holding company
   26. Farfetch China Ltd 100% · United Kingdom · Retail
   27. Farfetch HK Production Limited 100% · Hong Kong · E-commerce and marketing
   28. Farfetch Middle East FZE 100% · United Arab Emirates · Back office support
   29. Fashion Concierge HK Limited 100% · Hong Kong · E-commerce services
   30. Luxclusif, Unipessoal Lda 100% · Portugal · E-commerce services
   31. Luxi (Shanghai) Trading Co., Ltd 100% · People's Republic of China · Trading company
   32. Luxis Baltic OÜ 100% · Estonia · E-commerce services
   33. MA Alliance Ltd 100% · Japan · E-commerce services

Significant events

• “Subsequent to year-end, it was noted that surrender of UK tax losses to other Group members without consideration represented a distribution of assets without compensation. An aggregate receivable of $6,613,540 will be recognised from Farfetch UK FINCO Limited and Farfetch.com Limited for this distribution, expected to be settled using existing cash. This is a non-adjusting post balance sheet event.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.