EY CATALYST LIMITED

1. EY CATALYST LIMITED 2016-11-17 → present
2. LITRE UK LIMITED 2016-10-13 → 2016-11-17
3. SUPPLY SOLUTIONS IMPROVEMENT LIMITED 2016-04-19 → 2016-10-13

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's business remains largely unaffected by ongoing global geopolitical matters and continued inflationary/cost of living challenges being encountered in many countries. The director has prepared cash flow forecasts covering a period to 31 March 2027, including various sensitivities to reflect a variety of possible cash flow scenarios. The EYGS group has confirmed, for a period of at least twelve months from the date these financial statements were approved, that it plans to continue using maintenance and support services provided by the company and does not intend to demand repayment of the loan. The EYGS group has also provided a letter of support stating that it will, if required, provide the company funding of up to $2,500k during the period up to 3 July 2026. The company also has an agreement with EY US LLP to receive funding of $20,000k for a sixteen-month period from 28 February 2025. The company's cash flows are projected to be sufficient to meet its liabilities as they become due. The company is well placed to manage its business risks successfully and the director has a reasonable expectation that it has adequate resources to continue in operational existence for at least twelve months from the date these financial statements were approved. Thus, he continues to adopt the going concern basis in preparing the annual financial statements.”

Group structure

1. EY CATALYST LIMITED · parent
   1. EY Catalyst (Pty) Limited 100% · South Africa · provides support services to the company

Significant events

• “On 27 February 2025, the company gave notice to terminate its agreement with its supplier of content and sold its remaining intangible assets to the EYGS LLP group.”
• “Following the sale of its intangible assets to the EYGS group, the company has started an orderly wind-down of its business.”
• “On 28 February 2025, the company entered into a new loan agreement with EYGS LLP for an interest free loan of $25,000k, repayable on demand. The outstanding loan balance of $25,000k with EYGF was settled directly by EYGS LLP on behalf of the company.”

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

Filings

2

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

  -16.1%

  £7,088,213 → £5,948,110

• Cash

  -67.4%

  £2,468,495 → £805,041

• Net assets

  -96.5%

  -£13,191,994 → -£25,927,354

• Employees

  -22.2%

  9 → 7

• Operating profit

  -152.1%

  -£4,825,797 → -£12,166,049

• Profit before tax

  -120.9%

  -£5,766,494 → -£12,735,360

• Wages

  -3.8%

  £1,216,457 → £1,169,755

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