COUNTRYWIDE PROPERTY INVESTMENTS (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  Based on the above indications the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the above matter indicates the existence of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, that 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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £273,906 → £273,906

• Employees

  —

  Not reported

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Based on the above indications the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the above matter indicates the existence of a material uncertainty related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern and, therefore, that the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. COUNTRYWIDE PROPERTY INVESTMENTS (UK) LIMITED · parent
   1. Opia International (UK) Limited 100% · England & Wales · Dormant
   2. Opia Limited 100% · England & Wales · Sales & marketing

Significant events

• “During the year, the Company's ultimate parent, VRG Holdco Pty Ltd entered into bilateral discussions after it was approached by a third party who was interested in buying all or part of its UK operations which included the Company.”
• “On 8 September 2023, the Company's parent, Edge UK Holdings Limited acquired a further 5% share in the Company, at a cost of £1,633,000 for 8,683 shares.”
• “The Company paid dividends of £3,657,000 (2023: £Nil) during the year ended 30 June 2024 of which £3,158,450 was paid to Edge UK Holdings Limited, who owns 90% of the Company.”

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

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.