PERMIRA CREDIT LIMITED

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

  +7.1%

  £51,777,000 → £55,455,000

• Cash

  +1.1%

  £21,292,000 → £21,536,000

• Net assets

  +11.2%

  £19,740,000 → £21,946,000

• Employees

  +11.4%

  70 → 78

• Operating profit

  +123.2%

  £1,078,000 → £2,406,000

• Profit before tax

  +109.4%

  £1,242,000 → £2,601,000

• Wages

  +6.6%

  £25,365,000 → £27,033,000

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. PERMIRA CREDIT LIMITED 2021-04-16 → present
2. PERMIRA DEBT MANAGERS LIMITED 2006-11-20 → 2021-04-16
3. PUDDLEDRIVE LIMITED 2006-09-26 → 2006-11-20

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its working capital requirements through the management fee income earned and received. The Company's forecasts and projections, taking account of reasonably possible changes in business performance, show that the Company is well placed to manage its business risks and should be able to operate within the level of its current facilities. After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. PERMIRA CREDIT LIMITED · parent
   1. Permira Credit LLC 100% · Delaware 19801
   2. Permira Credit Nordic AB 100% · Stockholm, Sweden

Significant events

• “During the year, the Company's emphasis was on growing its existing business lines which focus on European private credit. The European CLO platform priced its tenth and eleventh new CLOs (Providus X and Providus XI) whilst also carrying out several existing CLO resets (Providus II, VII and VIII). The European Direct Lending business continued to deploy Permira Credit Solutions V alongside several existing SMAs.”
• “The Company also expanded its fund product offering in 2024 with the launch of a Strategic Opportunities fund which will provide bespoke capital structures to companies unable to access traditional financing while also taking advantage of market dislocations. It is anticipated a final close will take place by the end of 2025.”
• “Additionally, a new US CLO platform was also launched during the year and priced its first US CLO (Menlo CLO I) in Q4 2024.”
• “As part of the launch of the US CLO platform the Company incorporated Permira Credit LLC ("PC LLC") which was subsequently registered with the SEC on 29 July 2024. The Company also acquired a new subsidiary, Permira Credit Nordic AB (previously Permira Advisory Nordic AB).”

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

2

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.