AURA FUTURES HOLDINGS LIMITED

1. AURA FUTURES HOLDINGS LIMITED 2020-03-20 → present
2. PROJECT HORIZON MIDCO LIMITED 2019-10-24 → 2020-03-20

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

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As part of the going concern review, the directors have reviewed the wider group's forecast cash flows, liquidity, borrowing facilities and related covenant requirements. This included an assessment of the impact of principal risks and uncertainties faced by the group and those specifically brought about by the ongoing effects of the pandemic and associated supply chain risks. The directors reviewed and approved the forecasts produced by management including reverse stress testing. The forecast performance demonstrates that the group has sufficient cash reserves and available headroom under its banking and shareholder facilities and is forecast to remain in compliance with its financial covenants for a period of at least 12 months from the date of signing the accounts. Accordingly, there is a reasonable expectation that the group will have adequate resources to manage its ongoing financial commitments and continue to operate for the foreseeable future and as such the financial statements have been prepared using the going concern basis of accounting.”

Group structure

1. AURA FUTURES HOLDINGS LIMITED · parent
   1. Aura Futures Limited 100% · UK
   2. Intevi Limited 100% · UK
   3. Karlson UK Limited 100% · UK
   4. Reflex Limited 100% · UK
   5. Aura Futures, Inc. 100% · USA
   6. Reflex 2016 Limited 100% · UK
   7. Reflex 2005 Limited 100% · UK
   8. Reflex Audio Visual Limited 100% · UK
   9. Classroom Displays Limited 100% · UK
   10. Reflex Care Limited 100% · UK

Significant events

• “In June 2024, it was decided to fully impair a financial analytics software as it was deemed to no longer provide future economic benefit to the business. The total value of the impairment was £39,154.”
• “In December 2024, after appropriate consideration and discussion, management determined that there are more economically viable third party alternatives to the IDT product lines and so the business would cease developing and selling those products. The amounts held on the group's balance sheet were impaired to £35,584 to reflect the future economic benefit of those assets.”
• “Included within other debtors are director loan balances of £nil (2023: £38,636) which are unsecured, interest free and repayable on divestiture of each director's shares in Aura Futures Group Holdings Limited.”

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

Filings

5

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

  +0.1%

  £38,048,187 → £38,074,791

• Cash

  +48.4%

  £3,340,005 → £4,956,295

• Net assets

  -17.7%

  -£15,741,347 → -£18,530,287

• Employees

  +9.2%

  120 → 131

• Operating profit

  +0.5%

  -£1,630,615 → -£1,622,012

• Profit before tax

  +1%

  -£2,945,028 → -£2,915,275

• Wages

  +3.4%

  £7,667,624 → £7,928,754

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