C-QUENCE TECHNOLOGIES LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“management has assessed the cash flow position and is satisfied that the Company has sufficient cash to meet its operational cash flow needs for the next twelve months. The Board has reviewed the financial position and expected future performance of the Company and has concluded, based on the information before it, that a going concern basis for the preparation of the statutory financial statements is appropriate as set out in note 3.”

Significant events

• “In December 2025, joint provisional liquidators were appointed to Primary Group Limited, the ultimate parent undertaking of the Company's parent, C-Quence Holdings Limited, incorporated in Bermuda, as part of a court-sanctioned corporate restructure. A Sale and Purchase Agreement has been executed for the transfer of C-Quence Holdings Limited's shares to Ironwood Group Limited. The transaction is conditional upon clearance under the National Security and Investment Act 2021.”

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

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.