ZED

Zenova Group PLC

Industrial Goods and Services First-pass screen £0.00m

230/1000 Overall fit

AI beneficiary 35% 18

Operating leverage 25% 22

Valuation 25% 30

Downside protection 15% 27

First-pass take

Zenova is a pre-commercial fire-safety hardware company with zero AI exposure; innovation is in chemistry/physics (fire-retardant paints, extinguishers), not technology. Burning £740k annually on £68k net revenue with only £36k cash remaining; going concern explicitly flagged by directors with material uncertainty.

Flags

pre-revenueloss-makinggoing-concernno-valuation-datacash-burnorder-execution-riskmicro-cappre-commercial