UFLEXREWARD LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2021-12-31.

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

Auditor

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts for the 12-month period following the signing of these financial statements, ending 31 December 2024. These forecasts incorporate the cost reductions achieved in 2024, as evidenced by the unaudited results for the year to date, and project flat revenues consistent with 2024, alongside a positive EBITDA and cash balance of £946K as of 31 July 2025. ... At the date of signing these financial statements, the Directors are confident in the company's ability to continue as a going concern. The robust cash position and strategic initiatives for revenue growth provide a strong foundation for the company to realise its assets and discharge its liabilities in the normal course of business over the next 12 months.”

Significant events

• “The Directors note that material cost reductions achieved during FY24 have successfully realigned the company's cost base with expected revenues.”
• “The cost reductions implemented in 2024 have effectively aligned the company's cost base with its contractual revenues, creating a more efficient operational structure. Building on this foundation, the company is now actively pursuing revenue growth through various initiatives, including enhanced sales efforts through partnership pipelines. Operating expenditure remains tightly controlled, with strategic reallocations to support core system upgrades and increased investment in marketing, offset by reductions in conference and legal costs.”

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

Filings

6

last 12 months

Capital events

0

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.

• Turnover

  +25.8%

  £1,921,495 → £2,418,017

• Cash

  +268.5%

  £1,089,250 → £4,014,311

• Net assets

  -32.4%

  -£1,095,162 → -£1,450,365

• Employees

  +11.1%

  9 → 10

• Operating profit

  +42.3%

  -£615,758 → -£355,348

• Profit before tax

  +41.9%

  -£611,266 → -£355,203

• Wages

  +4.4%

  £1,149,475 → £1,200,050

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