TEAMTEK GLOBAL LTD

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a going concern basis. In forming this view, the directors have considered the Company's existing financial position and the anticipated support of its parent undertaking during the period of transition. The ultimate outcome, timing and financial impact of the proposed restructuring will depend on the finalisation and approval of the relevant arrangements.

• ◆

  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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Focus Somar Audit and Tax Accountants Limited

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a going concern basis. In forming this view, the directors have considered the Company's existing financial position and the anticipated support of its parent undertaking during the period of transition. The ultimate outcome, timing and financial impact of the proposed restructuring will depend on the finalisation and approval of the relevant arrangements.”

Significant events

• “During the year ended 31 December 2025, the directors identified that service delivery expenses accounted for under Cost of Sales amounting to £101,543, relating to the prior year, had been omitted from the financial statements for that year. The omission arose due to an error in recording costs incurred for services delivered prior to the reporting date.”
• “Subsequent to the reporting date, the Board of Directors of TeamTek Global Limited has been considering a proposal to transfer the Company's business to its parent undertaking, Bounteous UK Limited (formerly known as Accolite Labs Europe Limited), during the financial year 2026.”

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

0

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

  -75.7%

  £3,017,173 → £734,656

  lowest in 3 filed years

• Cash

  -31.2%

  £2,136,648 → £1,470,591

• Net assets

  +19.1%

  £253,484 → £302,015

• Employees

  -100%

  1 → 0

  lowest in 6 filed years

• Operating profit

  +115.9%

  -£405,801 → £64,710

  first positive since 2024

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