DAMOCO HOLDCO LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a going concern basis, which assumes that the Group and the Company will continue in operational existence for the foreseeable future. The validity of this assumption as stated in Note 2.2 depends on the outcome of the actions taken by the directors to return the Group to profitability and the continued support of Group's stakeholders and lenders.

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

  —

  Not reported

• Net assets

  0%

  £100,466 → £100,466

• 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

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a going concern basis, which assumes that the Group and the Company will continue in operational existence for the foreseeable future. The validity of this assumption as stated in Note 2.2 depends on the outcome of the actions taken by the directors to return the Group to profitability and the continued support of Group's stakeholders and lenders.”

Group structure

1. DAMOCO HOLDCO LIMITED · parent
   1. Damovo US Holdco LLC 85.65% · Delaware

Significant events

• “In 2024, the Company acquired an 85.65% interest in Damovo US Holdco LLC, a US registered and incorporated company, in exchange for its interest in its previous subsidiary undertaking, Damoco Midco Limited.”
• “On 22 December 2023, the structure of the Damovo Group was revised such that Lares LLC, Lares Holdings, LLC and Damovo Technology Services NV were transferred from Damovo Group Trust to Damovo Group and became wholly owned subsidiaries of Damoco Bidco Limited.”
• “In September 2022, the Group completed the re-financing of ARES loan of €50,000K with Triton & Kartesia for €55,000K Senior Facilities Agreement ('SFA').”
• “In 2023 and till date of the approval of accounts, GGHI defaulted on its obligations under the equity commitment letter. This payment default represents a breach of the settlement agreement and the equity commitment letter and is a cross-default under the SFA with the new lenders.”
• “During the year and at the date of approval of accounts, the Group was in breach of the net leverage and cash flow cover covenants in the SFA.”
• “The completion of the DTS / Lares Reorganisation is that the existing structure of Damovo Group is revised such that: a) a new Delaware limited liability company - Damovo US Holdco LLC ('US Newco') has been incorporated as a subsidiary of UK Atlanta Holdings, LLC and Damoco Holdco Limited.”
• “The ownership of Damovo Midco Limited was transferred by the Company to the US Newco.”

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.