CSSCK UK LTD.

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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

Moore Kingston Smith LLP

Audit opinion

Disclaimer of opinion

Going concern

Affirmed

“The Group incurred a loss of £8,057,450 (2022: £15,883,454) during the year ended 31 December 2023 and had net current assets of £532,187 (2022: 7,526,697) at the balance sheet date. The Group is reliant on support from the ultimate parent company in order to meet its liabilities as they fall due and the ultimate parent company has confirmed that it will be able to continue this financial support for a period of at least twelve months from date of approval of these consolidated financial statements. The ultimate parent company has also guaranteed that no intercompany liabilities owed to it will be called upon where it would compromise the Group's ability to meet its liabilities. The directors therefore consider it appropriate to prepare the consolidated financial statements on a going concern basis.”

Group structure

1. CSSCK UK LTD. · parent
   1. Otter Operations UK Limited 100% · England and Wales
   2. Proper Plates Limited 100% · England and Wales
   3. UK Cloud Retail Limited 100% · England and Wales
   4. SGA Management Lith, UAB 100% · Lithuania

Significant events

• “On 30 August 2024, CSSCK UK Limited ("CSSCK UK") entered into an agreement related to the formation of a new joint venture entity. As part of the agreement, CSSCK UK Group will transition to a property company (PropCo) model, leasing its owned assets to the joint venture under a triple net lease arrangement. Additionally, other Group entities will assign their leased assets to the joint venture, transferring operational responsibilities, including utilities, property taxes and insurance. These arrangements will provide a fixed income to the Group which has been considered as part of management's going concern assessment. This subsequent event does not impact the financial position of the Group as at the balance sheet date of 31 December 2023, the impact will be considered in future periods.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +1,476.1%

  £940,055 → £14,816,429

• Cash

  -4.6%

  £2,881,120 → £2,748,158

• Net assets

  -79%

  £10,204,452 → £2,147,002

• Employees

  -15.4%

  246 → 208

• Profit before tax

  +49.3%

  -£15,883,454 → -£8,045,460

• Wages

  +6.1%

  £11,437,505 → £12,140,787

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