V-NOVA SERVICES LIMITED

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  Material uncertainty over going concern

  The Directors have concluded that the circumstances set forth above indicate the existence of material uncertainty, which may cast doubt about the Company's ability to continue as a going concern, and therefore, that may be unable to realise its assets and discharge its liabilities in the normal course of business. However, they believe that taken as a whole, the factors described above make it probable that the Company will be able to continue as a going concern for the foreseeable future.

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  Going-concern uncertainty disclosed

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  Negative shareholders' funds

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. V-NOVA SERVICES LIMITED 2017-12-22 → present
2. V-NOVA LIMITED 2012-06-27 → 2017-12-22

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have concluded that the circumstances set forth above indicate the existence of material uncertainty, which may cast doubt about the Company's ability to continue as a going concern, and therefore, that may be unable to realise its assets and discharge its liabilities in the normal course of business. However, they believe that taken as a whole, the factors described above make it probable that the Company will be able to continue as a going concern for the foreseeable future.”

Significant events

• “During the year the parent company successfully secured further funding from new and existing investors for £8m, as part of a wider Series C5 funding round. Post balance sheet date, the group received additional investment for £2.6m. The funds raised by the parent company are being used mostly to support the Company's operating activities.”
• “LCEVC was adopted as fundamental component of the TV3.0 broadcasting standard in Brazil and is being broadcast live over the air to 70m+ families since early 2026.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.