BOTOPTIONS (UK) PLC

• ◆

  Material uncertainty over going concern

  Accordingly, the Directors have concluded that these events and conditions indicate the existence of a material uncertainty which may cast significant doubt upon the Group's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities as they fall due in the normal course of business.

• ·

  Going-concern uncertainty disclosed

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 —. Year-on-year comparison hidden: this filing covers about 12 months versus 17 months prior. 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. 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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Accordingly, the Directors have concluded that these events and conditions indicate the existence of a material uncertainty which may cast significant doubt upon the Group's ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities as they fall due in the normal course of business.”

Group structure

1. BOTOPTIONS (UK) PLC · parent
   1. EcoChain Ltd 98% · Bermuda
   2. EcoChain Prime IBC Ltd 100% · Republic of Seychelles

Significant events

• “The company has commenced the process of cancelling its Preference C Shares which are classified as liabilities in these financial statements. At the date of approval of these financial statements, the cancellation is in progress and subject to necessary legal and regulatory procedures.”
• “Subsequent to the year end, the Company entered a new financing arrangement for EUR 1,580,000 to support investment and project-related activities. The facility carries interest at 3.5% per annum and is repayable in full by 14 May 2027. The loan also includes an obligation to deliver to the lender 1,580,000 fully paid treasury common shares in the same company as is included in BotOptions (UK) PLC's investment portfolio as disclosed in note 11.”

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.