EUROHOME UK MORTGAGES 2007 - 1 PLC

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

  -3.7%

  £15,867,849 → £15,285,552

• Net assets

  -4.7%

  £2,115,860 → £2,017,398

• Employees

  —

  Not reported

• Operating profit

  -110.9%

  £904,073 → -£98,212

• Profit before tax

  -110.9%

  £904,073 → -£98,212

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.

1. EUROHOME UK MORTGAGES 2007 - 1 PLC 2006-12-07 → present
2. TEUTON NO. 1 PLC 2006-09-11 → 2006-12-07

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ecovis Wingrave Yeats LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have performed an assessment of going concern, including a severe but plausible downside stress test. In terms of considering going concern, the focus was upon the Company's position in respect of the availability of existing funding to support the Company, and the operational resilience of the company. The directors have concluded should there be an economic downturn severe enough to materially impair revenue receipts from the portfolio, the Company's reserve fund is sufficient to cover senior interest and expense obligations of the Company for a period in excess of 12 months following the date of approval of the annual report and financial statements. Furthermore, the Company may, in certain circumstances, choose to redeem the Notes on the interest payment date ("IPD") on which the aggregate balance of the mortgage loans becomes less than or equal to 10% of the aggregate balance of the mortgage portfolio at the forecasted optional redemption date of 15 December 2028 (2023 - 15 June 2029). Given that this date is more than one year from the signing of these accounts, there are no concerns regarding the Company's ability to continue as a going concern.”

Significant events

• “Whilst LIBOR was the benchmark upon which reliance is placed, on 5 March 2024, after the consent solicitation process was finalised by the lawyers, the parties executed the documents effecting the LIBOR transition to Sterling Overnight Index Average ("SONIA") on the interest payment date falling in 15 March 2024. As a result, the LIBOR benchmarks of the Notes and the underlying mortgage Loans and the respective swap agreements held by Company have been replaced by SONIA.”
• “On 14 April 2025, the registered office address of the Company was changed from 1 Bartholomew Lane, London, EC2N 2AX to 5 Churchill Place, 10th Floor, London, E14 5HU.”

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.