CARESOFT GLOBAL LIMITED

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

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Auditor

BLS Burnells LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The Company's most recent budget and work in hand, taking account of possible changes in operational performance and modelling of downside scenarios, shows that the Company will be able to operate within the level of its current operational facilities. As of today, the Company has been able to sign the contracts from their existing customers. Caresoft Global Limited shareholders and its group companies have confirmed that it will continue to provide such financial support as necessary to enable the Company to meet its financial obligations as they fall due for at least 12 months from the date of these financial statements. The directors are satisfied that Caresoft Global Limited has sufficient financial resources for any future financial obligations. Based on management's assessment of cashflow forecasts with realistic assumptions and sensitivities for global recession fear and this reason, the directors consider it appropriate to prepare the financial statements on a going-concern basis.”

Significant events

• “The company is engaged in four categories of services such as Staffing, Engineering, Technology and Products to the off-highway, commercial vehicles and automotive industries. The statement of income on page 10 shows the turnover of the company of £56,817,850 (2023: £51,719,761), representing an increase of 10% by £5,098,088.”
• “The gross profit margin was 17.32% (2023: 17.73%), which is due to an increase in new business and innovation projects.”
• “The directors consider that the results were satisfactory and understand that there has been increased competition in the market.”
• “Economic and Geopolitical Uncertainty: Interest Rate and Inflation Pressures, Geopolitical Tensions, Currency Fluctuations, The global economic landscape faces huge uncertainties because of the sweeping tariffs imposed by the United States.”

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

Filings

5

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

  —

  Not reported

• Cash

  +82.1%

  £2,126,000 → £3,872,188

• Net assets

  —

  Not reported

• Employees

  -3.3%

  153 → 148

• Profit before tax

  -3.4%

  £4,322,853 → £4,176,082

• Wages

  +1.5%

  £7,360,883 → £7,472,568

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers