ISTARI INTERNATIONAL (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  The directors of the Company intend to liquidate the Company following the sale of the UK Operations and the closing of its branches and permanent establishments in Germany, Norway and Switzerland. As a result, the directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Therefore, the financial statements have not been prepared on the going concern basis. The effect of this is explained in Note 2.3.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors of the Company intend to liquidate the Company following the sale of the UK Operations and the closing of its branches and permanent establishments in Germany, Norway and Switzerland. As a result, the directors do not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Therefore, the financial statements have not been prepared on the going concern basis. The effect of this is explained in Note 2.3.”

Significant events

• “The company's UK operations were acquired at market value by its parent company, Istari Global Limited, on 1 July 2024.”
• “The company plans to close its branches and permanent establishments in Germany, Norway, and Switzerland by Q1 2026.”
• “On 14 March 2025, 18 September 2025 and 13 December 2025, the Company issued 1,100,000 and 700,000 and 400,000 additional shares respectively, at $1 each, at par.”

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

5

last 24 months

Officers appointed

1

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.