FOUNDEVER EUROPE LIMITED

• ⚠

  Material uncertainty over going concern

  The Company is dependent on the continued financial support of a parent company... These circumstances indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -9.6%

  £140,398,296 → £126,934,516

• Cash

  -72.6%

  £2,243,673 → £614,836

• Net assets

  +2.4%

  £43,069,832 → £44,122,098

• Employees

  —

  Not reported

• Operating profit

  -43.9%

  £9,057,309 → £5,081,311

• Profit before tax

  -74.9%

  £15,810,070 → £3,962,084

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

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. FOUNDEVER EUROPE LIMITED 2023-03-02 → present
2. SITEL EUROPE LIMITED 1996-10-21 → 2023-03-02
3. SITEL (EUROPE) PLC 1996-09-24 → 1996-10-21
4. MITRE PUBLIC LIMITED COMPANY 1992-10-12 → 1996-09-24

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company is dependent on the continued financial support of a parent company... These circumstances indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

1. FOUNDEVER EUROPE LIMITED · parent
   1. FOUNDEVER Ireland Limited 1% · Ireland · telemarketing, call centre services and the provision of related ancillary services.
   2. FOUNDEVER Netherlands BV 1% · Netherlands · telemarketing, call centre services and the provision of related ancillary services.
   3. FOUNDEVER Polska Sp 0.99% · Poland · telemarketing, call centre services and the provision of related ancillary services.
   4. Systems Integrated Telemarketing NL 1% · Belgium · telemarketing, call centre services and the provision of related ancillary services.
   5. FOUNDEVER GB Limited 1% · England & Wales · telemarketing, call centre services and the provision of related ancillary services.
   6. Clientlogic Customer Services 1% · Morocco · telemarketing, call centre services and the provision of related ancillary services.
   7. FOUNDEVER India Private Limited 1% · India · telemarketing, call centre services and the provision of related ancillary services.
   8. FOUNDEVER Bulgaria EOOD 1% · Bulgaria · telemarketing, call centre services and the provision of related ancillary services.
   9. HDM SARL 1% · France · telemarketing, call centre services and the provision of related ancillary services.

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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