CENTRAL NOTTINGHAMSHIRE HOSPITALS PLC

• ⚠

  Material uncertainty over going concern

  The directors have concluded that until the EoD described in the Service performance section above has been formally waived or deemed remedied by the Credit Provider these issues represent a material uncertainty that could (in the absence of a Settlement Agreement and in the event of Creditors then exercising their rights) cast significant doubt on the company's ability to continue as a going concern and therefore the company may be unable to realise its assets and discharge its liabilities in the normal course of business.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +10.1%

  £61,026,000 → £67,174,000

• Cash

  +147.2%

  £24,426,000 → £60,391,000

• Net assets

  -64.9%

  -£10,138,000 → -£16,721,000

• Employees

  —

  Not reported

• Profit before tax

  +18.5%

  -£6,948,000 → -£5,664,000

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. CENTRAL NOTTINGHAMSHIRE HOSPITALS PLC 2005-07-08 → present
2. WIDECLOSE PLC 2005-05-25 → 2005-07-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have concluded that until the EoD described in the Service performance section above has been formally waived or deemed remedied by the Credit Provider these issues represent a material uncertainty that could (in the absence of a Settlement Agreement and in the event of Creditors then exercising their rights) cast significant doubt on the company's ability to continue as a going concern and therefore the company may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “The level of self-reported service failure points ("SFPs") have exceeded the thresholds for an Event of Default ("EoD") under the terms of the Project Agreement and the Collateral Deed. The company is continuing to work with the Trust and service providers to conclude a Settlement Agreement to remedy the EoD and reduce future SFPs.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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