TRANSFORM SCHOOLS (KNOWSLEY) LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.2, which highlights an event of default on the senior debt for which no waiver has been granted. As stated in note 1.2, these events of conditions, along with other matters set out in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. The Directors acknowledge that these circumstances indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.

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

  -26%

  £13,823,000 → £10,230,000

• Cash

  +26.5%

  £21,559,000 → £27,275,000

• Net assets

  +1.8%

  -£22,859,000 → -£22,446,000

• Employees

  —

  Not reported

• Operating profit

  -94.3%

  £366,000 → £21,000

• Profit before tax

  +94.3%

  -£6,169,000 → -£350,000

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. TRANSFORM SCHOOLS (KNOWSLEY) LIMITED 2007-12-05 → present
2. TRANSFORM SCHOOLS (KNOWSLEY) PLC 2007-05-29 → 2007-12-05

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.2, which highlights an event of default on the senior debt for which no waiver has been granted. As stated in note 1.2, these events of conditions, along with other matters set out in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. The Directors acknowledge that these circumstances indicate the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “During the year, £1,017k was recycled from the cash flow hedge reserve to the income statement.”

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.