MOTORK PLC

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  Material uncertainty over going concern

  The Directors have concluded that the Group is expected to be able to continue in operational existence for a period of at least twelve months from the date of approval of these financial statements. This conclusion is based on the Group's cash flow forecasts, liquidity requirements. Current cash flow forecasts contain key assumptions, including forecast revenues and expected funding to be obtained to fund the working capital and liquidity requirements. The Board has assessed that if required funding has not been obtained or guaranteed as of the date of approval of this financial statement, the Group would be unable to continue operating as a going concern, therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business. Notwithstanding the material uncertainty described above, the Directors remain confident that the required funding will be achieved and that the Group will continue to be a going concern, therefore it is not necessary to assume that the Group would be unable to continue to be a going concern.

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  Going-concern uncertainty disclosed

Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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

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.

1. MOTORK PLC 2021-11-01 → present
2. MOTORK LTD 2014-10-10 → 2021-11-01

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors have concluded that the Group is expected to be able to continue in operational existence for a period of at least twelve months from the date of approval of these financial statements. This conclusion is based on the Group's cash flow forecasts, liquidity requirements. Current cash flow forecasts contain key assumptions, including forecast revenues and expected funding to be obtained to fund the working capital and liquidity requirements. The Board has assessed that if required funding has not been obtained or guaranteed as of the date of approval of this financial statement, the Group would be unable to continue operating as a going concern, therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business. Notwithstanding the material uncertainty described above, the Directors remain confident that the required funding will be achieved and that the Group will continue to be a going concern, therefore it is not necessary to assume that the Group would be unable to continue to be a going concern.”

Group structure

1. MOTORK PLC · parent
   1. MotorK Italia S.r.l. 100% · Italy
   2. MotorK France SAS 100% · France
   3. MotorK Spain Gestiones Comerciales SL 100% · Spain
   4. MotorK Benelux B.V. 100% · Netherlands
   5. MotorK Deutschland GmbH 100% · Germany
   6. MotorK Iberia SL 100% · Spain
   7. For Business S.r.l. 100% · Italy
   8. Dealertk Technology Solutions 100% · Belgium
   9. MotorK Technology Solutions 100% · Germany
   10. Fussionf NV 100% · Belgium
   11. GestionaleAuto.com S.r.l. 100% · Italy
   12. ICO International GmbH 100% · Germany

Significant events

• “In January 2025, MotorK Plc obtained a new loan with Atempo Growth for an amount of €2.8 million and additional funds were secured under similar financial terms and conditions on the original facilities.”
• “On 10 April 2026, MotorK Italia S.r.l. entered into a Memorandum of Understanding ("MoU") with Underdogs Group S.r.l. for the sale of its existing digital marketing services business for a consideration amount of €2.5 million.”
• “On 11 April 2026, the Group successfully executed external reserved increases of €2.5 million with Underdogs Group S.r.l. with this round based on a price per share of €2.75.”

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

Filings

15

last 12 months

Capital events

10

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.