QUICK COMMERCE LTD

• ⚠

  Material uncertainty over going concern

  The Directors acknowledge, however, that the potential requirement to secure additional funding under a downside scenario represents a material uncertainty that may cast significant doubt on the Group's and Company's ability to continue as a going concern. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate.

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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors acknowledge, however, that the potential requirement to secure additional funding under a downside scenario represents a material uncertainty that may cast significant doubt on the Group's and Company's ability to continue as a going concern. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate.”

Group structure

1. QUICK COMMERCE LTD · parent
   1. Zapp Commerce (UK) Ltd 100% · England
   2. Zapp Commerce (FR) SAS 100% · France
   3. Zapp Holding Limited 100% · England
   4. Arive GmbH 100% · Germany

Significant events

• “A key achievement for the Group in 2024 was the complete restructuring of the balance sheet. Post year end, the Group successfully executed a material reduction in long-term liabilities driven by non-cash debt to equity conversions and additional equity injection.”
• “During 2025 and Q1 2026, the Group raised in excess of $10 million from a mix of existing and new investors. Separately, the Group completed its loan structure, including the non-cash conversion of a £4 million loan balance to equity.”
• “On 2 January 2025, the Company entered into a new head office lease agreement.”
• “In January 2026, the Company completed a 10,000:1 share consolidation.”
• “In March 2026, all qualifying financing shares were converted into ordinary shares.”

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

Filings

20

last 12 months

Capital events

12

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

  —

  Not reported

• Cash

  +48.8%

  £3,210,859 → £4,777,322

• Net assets

  +76.7%

  -£99,506,664 → -£23,158,025

• Employees

  —

  Not reported

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