ASSEMBLE FUNDCO 2 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

  -5%

  £2,895,313 → £2,751,119

• Cash

  -32.4%

  £2,057,536 → £1,391,603

• Net assets

  +68.3%

  £887,116 → £1,492,855

  highest in 5 filed years

• Employees

  —

  Not reported

• Operating profit

  -18%

  £802,898 → £658,748

• Profit before tax

  -13.9%

  £703,175 → £605,739

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.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors consider that these projections, together with the available loan finance, as a PFI contractor continuing to deliver public services emergency will enable the company to have sufficient funds to enable the company to continue to provide these services and meet their liabilities as they fall due. The company therefore continues to adopt the going concern basis.”

Significant events

• “Exemption has been taken from preparing cash flow statement on the grounds that the company is considered to be small under the provisions of the Companies Act 2006.”
• “The company is a Special Purpose Vehicle for a development under the Local Improvement Finance Trust and accordingly losses are anticipated during the early years of the contracts.”
• “The land and buildings of the operator were derecognised under section 34 of FRS 102 and recognised as a financial asset, the above security continues to remain in place.”

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

1

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.