BRIDGEPOINT FUNDING IV LIMITED

• ⚠

  Material uncertainty over going concern

  The current loan facilities are due to mature in September 2025 and a renewal of these facilities has not yet been approved. In the event the facility is not renewed the Company would be unable to pay its liabilities as they fall due and would require alternative sources of finance, which may not be forthcoming. These conditions, along with the other matters explained in note 3b to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  0%

  £68,722 → £68,722

• Net assets

  +0.9%

  £514,993 → £519,433

• Employees

  —

  Not reported

• Operating profit

  -95.6%

  £541,435 → £23,869

• Profit before tax

  -99.2%

  £567,030 → £4,440

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 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The current loan facilities are due to mature in September 2025 and a renewal of these facilities has not yet been approved. In the event the facility is not renewed the Company would be unable to pay its liabilities as they fall due and would require alternative sources of finance, which may not be forthcoming. These conditions, along with the other matters explained in note 3b to the financial statements, indicate the existence of a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.”

Significant events

• “The current loan facilities are due to mature in September 2025 and a renewal of these facilities has not yet been approved. In the event the facility is not renewed the Company would be unable to pay its liabilities as they fall due and would require alternative sources of finance, which may not be forthcoming.”
• “The Company has received a letter of support from Bridgepoint Europe IV Fund (the "Fund") whereby the Fund will not call on any amounts that are due and will provide financial support to the Company such that the Company is able to operate as a going concern and to settle its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.”

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

Filings

3

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.