HYDROGEN UTOPIA INTERNATIONAL PLC

• ⚠

  Material uncertainty over going concern

  These financial statements have been prepared on a going concern basis making the assumptions described in the Accounting Policies note on page 39. The note includes reference to material uncertainties in respect of going concern. These events or conditions along with the matters set forth in the accounting policies indicate the existence of a material uncertainty which may cast significant doubt over the Group's ability to continue as a going concern.

1. HYDROGEN UTOPIA INTERNATIONAL PLC 2021-07-26 → present
2. HYDROGEN UTOPIA INTERNATIONAL LIMITED 2021-05-26 → 2021-07-26

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

UK adopted international accounting standards

Reporting scope

Consolidated group

Auditor

RPG Crouch Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These financial statements have been prepared on a going concern basis making the assumptions described in the Accounting Policies note on page 39. The note includes reference to material uncertainties in respect of going concern. These events or conditions along with the matters set forth in the accounting policies indicate the existence of a material uncertainty which may cast significant doubt over the Group's ability to continue as a going concern.”

Group structure

1. HYDROGEN UTOPIA INTERNATIONAL PLC · parent
   1. HU2021 International UK Ltd 100% · UK
   2. Plastic Gold I.K.E 100% · Greece
   3. HU Future B.V. 100% · Netherlands

Significant events

• “On 6 January 2026 HUI announced an MoU with Hydrogen Systems LLC, a KSA hydrogen EPC and O&M company to continue our engagement in the region.”
• “On 9 January 2026 a HUI KSA subsidiary was formed enabling roll out in KSA.”
• “On 19 January 2026 the Company explained to the market how the technology could be used to produce sustainable aviation fuel (SAF) and how the demand for SAF is increasing rapidly not just in the MENA region but globally.”
• “On 28 January 2026 the Company announced to the market another MoU in KSA this time with SIRC, a huge leap forward towards an operational plant in the region.”
• “On 7 April 2026 the Company announced a Lol from Mithra Energy S.A. based in Poland to use Powerhouse Energy Group Plc (PHE) DMG technology for waste to energy facilities through HUI. On 13 April 2026 this was further developed into a marketing agreement with PHE.”

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

Filings

11

last 12 months

Capital events

4

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

  —

  Not reported

• Cash

  +87.3%

  £266,994 → £500,068

• Net assets

  +24.5%

  £1,410,597 → £1,755,706

• Employees

  +16.7%

  6 → 7

• Operating profit

  -19.4%

  -£585,866 → -£699,426

• Profit before tax

  -40.7%

  -£513,370 → -£722,148

• Wages

  -56.5%

  £226,630 → £98,568

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