SMO UK LIMITED

• ⚠

  Material uncertainty over going concern

  The Company is materially dependant on the revenue generated through Ukrainian subsidiaries. These subsidiaries have restored local operations following the Russian invasion of Ukraine in March 2022 and remain fully operational as at the date of this report, with business continuity measures successfully put in place. However, due to the uncertain nature of the Russian military invasion, Management have concluded that a material uncertainty exists in relation to the Company's ability to continue as a going concern.

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

Harris & Trotter LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company is materially dependant on the revenue generated through Ukrainian subsidiaries. These subsidiaries have restored local operations following the Russian invasion of Ukraine in March 2022 and remain fully operational as at the date of this report, with business continuity measures successfully put in place. However, due to the uncertain nature of the Russian military invasion, Management have concluded that a material uncertainty exists in relation to the Company's ability to continue as a going concern.”

Group structure

1. SMO UK LIMITED · parent
   1. OXIMIO-IL Ltd 85% · Israel

Significant events

• “Business Continuity and Disaster Recovery processes established and embedded during the pandemic were enacted in response to Russia's invasion of Ukraine on 24 February 2022, and since then updated annually. Oximio resumed operations in Ukraine in March 2022 and later opened a second depot in the Western part of the country to provide flexibility, business continuity, and alternative logistics solutions for clients as they rebuild their clinical trial supply chains because of the impact of the war.”
• “The Company plans to extend its OMS implementation to other jurisdictions in 2025, enhancing operational consistency and data capabilities. Continued growth is expected through extensive client projects and the expansion of advanced logistics services.”

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

  +9.3%

  £15,663,576 → £17,122,348

• Cash

  +14.5%

  £944,919 → £1,082,374

• Net assets

  -25.4%

  £3,045,629 → £2,272,711

• Employees

  -7.7%

  13 → 12

• Operating profit

  +1.7%

  £1,459,504 → £1,484,332

• Profit before tax

  +3.7%

  £1,491,322 → £1,546,997

• Wages

  +22.2%

  £664,011 → £811,446

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