ZIFLOW LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ZIFLOW LIMITED 2015-11-11 → present
2. SALT AND PEPPER HQ LIMITED 2015-10-12 → 2015-11-11

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.

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 §1A

Reporting scope

Consolidated group

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors of the company have reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. In making their assessment, the directors have considered the company's current year trading losses, cash flow and balance sheet position. Therefore, the directors are confident in the company's ability to continue trading and thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. ZIFLOW LIMITED · parent
   1. Ziflow Inc 100% · Dallas, TX 75254

Significant events

• “During the prior year, the group had two loans of £1,259,319 owing to Riverside Acceleration Capital Fund, LP. Loan 1 had a principal value of $2,000,000 and a term of 5 years. Both loans were repaid in full on 29 May 2024.”
• “During the year, Ziflow Limited was granted a loan of up to $4,500,000 by HSBC Innovation Bank Limited. The first tranche of $3,000,000 was drawn down. The loan accrues interest at a floating rate and is repayable in 30 instalments commencing 1 June 2025.”
• “On 29 May 2024, the Company issued $2,500,000 of convertible loan notes. The notes are convertible into Preference shares of the Company, accrue interest at a rate of 6% per year, and have a maturity date of 29 November 2027.”

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

Filings

3

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

  -56.7%

  £4,661,277 → £2,019,280

• Net assets

  -103.5%

  -£3,410,725 → -£6,942,518

  lowest in 5 filed years

• Employees

  0%

  2 → 2

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