IDEAL CAREHOMES (NUMBER ONE) LIMITED

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  Material uncertainty over going concern

  The directors have performed a going concern assessment which indicates that, the company will require ongoing additional funds, through funding from HC-One Holdco 3 Limited, to meet its liabilities as they fall due during the period of at least 12 months from the date of signing of the financial statements, the going concern assessment period. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 18 months prior. 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have performed a going concern assessment which indicates that, the company will require ongoing additional funds, through funding from HC-One Holdco 3 Limited, to meet its liabilities as they fall due during the period of at least 12 months from the date of signing of the financial statements, the going concern assessment period. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so.”

Group structure

1. IDEAL CAREHOMES (NUMBER ONE) LIMITED · parent
   1. De Brook CH Limited 100% · Dormant
   2. Ideal Carehomes (Three) Limited 100% · Dormant

Significant events

• “On 24 October 2025, Welltower acquired 100% of the issued share capital of HC-One Topco Limited, an indirect parent undertaking of the Company. The term loan held by the Group was repaid in full and as at the accounts signing date the loan outstanding amount is £nil. Welltower has also injected new equity money of £12.5m for use in day-to-day working capital and on 25 October 2025 the Group provided an interest free loan to Horizon Topco Limited of £318.8m, this amount is repayable on demand. On 23 October 2025, the group sold its shareholding in HC-One Management Limited to Horizon Holdco UK LLC. Following the completion of the Welltower acquisition on 24 October 2025, a group restructuring or reorganisation plan is being carried out across the group.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.