HERCULES (ECLIPSE 2006-4) PLC

• ⚠

  Material uncertainty over going concern

  In order to form a view as to the most appropriate basis of preparation of these financial statements, the directors have assessed the likelihood of whether the Company will be able to continue trading for at least 12 months from the date of signing of the financial statements versus the likelihood of either intending to or being forced to either cease trading or to place the Company into liquidation. The directors believe that it is appropriate to prepare the financial statements of the Company on a basis other than that of a going concern, which includes recognising assets at their recoverable values.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  —

  Not reported

• Cash

  +0.3%

  £96,117 → £96,389

• Net assets

  +26.1%

  -£19,264,315 → -£14,235,920

• Employees

  —

  Not reported

• Operating profit

  +1,688.2%

  £281,203 → £5,028,395

• Profit before tax

  +1,688.2%

  £281,203 → £5,028,395

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“In order to form a view as to the most appropriate basis of preparation of these financial statements, the directors have assessed the likelihood of whether the Company will be able to continue trading for at least 12 months from the date of signing of the financial statements versus the likelihood of either intending to or being forced to either cease trading or to place the Company into liquidation. The directors believe that it is appropriate to prepare the financial statements of the Company on a basis other than that of a going concern, which includes recognising assets at their recoverable values.”

Significant events

• “Subsequent to the year-end, 5 out of the remaining 11 underlying properties from the Ashbourne portfolio were sold of which 50% is owed to the Company and the other 50% to Equinox (Eclipse 2006-1) PLC. Following the deduction of various costs from the sale consideration, the net sale proceeds of the properties sold between 1 January 2025 and 25 April 2025 have been used to reduce the loan balance at year-end.”

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

Filings

2

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.