FOMTECH LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors, therefore, consider it appropriate to conclude that the business is a going concern but notes that the lack of committed funds represents a material uncertainty at the date of signing these financial statements.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors, therefore, consider it appropriate to conclude that the business is a going concern but notes that the lack of committed funds represents a material uncertainty at the date of signing these financial statements.”

Group structure

1. FOMTECH LIMITED · parent
   1. Floww Markets Limited 100% · UK
   2. Floww Pool Limited 100% · UK
   3. Floww Trust Company Limited 100% · Jersey, Channel Islands
   4. Floww Private Markets US Inc. 100% · Delaware US
   5. Floww Funds Management Limited 100% · Jersey, Channel Islands

Significant events

• “In September 2024, the company used its own platform to raise share capital of £7.18 plus share premium of £567,812.17 for a total of 71,785 ordinary shares. In October 2024, the £15m Advance Subscription Agreement (ASA) with London Stock Exchange Group Holdings Limited, was approved by the FCA and 1,896,333 Series B shares were issued at £7.91 per share. An additional £1,488,188.86 has been committed in April 2025, with completion in progress at the time of signing these accounts.”

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

Filings

8

last 12 months

Capital events

3

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

  +333.2%

  £91,782 → £397,624

• Cash

  -44%

  £4,419,035 → £2,476,349

• Net assets

  +21%

  £9,492,567 → £11,481,368

• Employees

  -1.1%

  94 → 93

• Wages

  +1.2%

  £8,343,676 → £8,442,775

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