HOPKINS DEVELOPMENT LONDON 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

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

Consolidated group

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In determining whether the group's financial statements can be prepared on a going concern basis, the directors considered the group's business activities together with factors likely to affect its future development, performance and its financial position, including cashflows, liquidity position and the principal risks and uncertainties relating to its business activities, as given in the Strategic Report. Based on cashflow forecast which take into account the directors' best estimates of income and expenditure forecasts as well as the group's current cash balance, the directors consider it appropriate to prepare the group's financial statements on a going concern basis.”

Group structure

1. HOPKINS DEVELOPMENT LONDON LIMITED · parent
   1. Skylark Global Holdings Limited 100% · Cayman Islands · Investment holding.
   2. Scion Ltd 100% · Cayman Islands · Investment holding.
   3. Starlight Mobile Ltd 100% · Cayman Islands · Investment holding.
   4. Kingfisher Mobile Japan G.K. 100% · Japan · Sale of second-hand mobile devices to the wholesale market.
   5. Kingfisher Services Japan G.K. 0% · Japan · borrowing, raising or taking up credit facility for subsequent lending to an affiliate company.
   6. Kingfisher Nexus Singapore Pte Ltd 100% · Singapore · Sale of second-hand mobile devices to the wholesale market., currently dormant.
   7. Kingfisher Distribution Pty Ltd 100% · Australia · Currently dormant.
   8. Kingfisher New Zealand Ltd 0% · New Zealand · Sale of second-hand mobile devices to the wholesale market, currently dormant
   9. Kingfisher Nexus USA LLC 100% · USA · Sale of second-hand mobile devices to the wholesale market., currently dormant.
   10. Kingfisher Nexus Australia Pty Ltd 100% · Australia · Sale of second-hand mobile devices to the wholesale market., currently dormant.
   11. Kingfisher Mobile Limited 100% · Hong Kong · Design, implement, and manage white-label device ownership and access products for consumers in partnership with wireless telecom carriers.
   12. Kingfisher Trading Australasia G.K. 100% · Japan · Sale of second-hand mobile devices to the wholesale market.
   13. Kingfisher Services Australasia G.K. 100% · Japan · Buy and sell second-hand devices from and to related companies, and to support the design, implementation, and management of white-label device ownership and access products for consumers in partnership with wireless telecom carriers.
   14. Kingfisher Mobile Australia Pty Ltd 100% · Australia · Provide white -label device ownership and access products for consumers in partnership with a wireless telecom carrier. Trade-in second-hand devices in the wholesale market.
   15. Moonrise Mobile 100% · Cayman Islands · Investment holding.
   16. Kingfisher Mobile USA LLC 100% · United States · Provide back office services and business development for the US market.
   17. Ribblesdale LLC 100% · United States · Provide back office services to the group companies.
   18. Binsey Pty Ltd 100% · Australia · Provide back office and IT services to the group companies.
   19. KF Philippines Lending Corporation 100% · Philippines · Provide instalment financing program to subscribers purchasing handsets from a wireless carrier partner.
   20. Moonrise Investments Singapore Pte Ltd 100% · Singapore · Investment holding.
   21. Moonrise Mobile Singapore Pte Ltd 0% · Singapore · Fund management and provide back office services to the group companies.
   22. Kingfisher Mobile Korea Ltd 0% · Korea · Sale of second-hand mobile devices to the wholesale market, currently dormant

Significant events

• “In 2024, the consolidated group completed the sale of the group company's IP and certain business assets.”
• “The Company initiated the process to wind down certain subsidiaries in the group structure subsequent to the sale.”
• “The board of directors approved a return of capital to its preference shareholders through a dividend in December 2024 and January 2025 for the amounts of $7,122,201 and $4,452,873 respectively.”
• “The company has started the process to wind down entities in the group structure which are not required to remain operating for earn-out purposes and expects to complete the process by the middle of 2025.”
• “On 2 October 2024, the Group disposed of the equity interests in subsidiaries: Moonrise Mobile Singapore Pte Ltd, Kingfisher New Zealand Ltd, Kingfisher Mobile Philippines Corporation, Moonrise Mobile Spain, S.L, Kingfisher Mobile Korea Ltd and Kingfisher Services Japan G.K.”
• “On 17 December 2024, the Company passed a resolution to complete a capital reduction of the Company share premium account of $44,176,020.”
• “Since 31 December 2024, several companies across the group have been deregistered including: Starlight Mobile Ltd (14th April 2025), Kingfisher Mobile Australia Pty Ltd (4th June 2025), KF Distribution Pty Ltd (4th June 2025), Binsey Pty Ltd (6th June 2025), Kingfisher Nexus Australia Pty Ltd (16th June 2025), and Kingfisher Nexus Pte Ltd (8th July 2025).”

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

2

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

  -67.4%

  £80,098,798 → £26,113,497

• Cash

  -62.3%

  £30,363,772 → £11,435,358

• Net assets

  -24%

  £13,488,973 → £10,254,623

• Employees

  -88.9%

  81 → 9

• Operating profit

  -129.4%

  £18,727,001 → -£5,500,736

• Profit before tax

  -134.1%

  £15,595,750 → -£5,316,735

• Wages

  -35.1%

  £11,900,586 → £7,728,351

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