DAMOCO BIDCO LIMITED

• ⚠

  Material uncertainty over going concern

  In forming our opinion, which is not modified, we draw attention to disclosures made in the Directors' report and Note 2.3 in the financial statements concerning the Company's ability to continue as a going concern. The Company is an intermediate holding company and therefore is reliant on the Atlanta Topco Limited Group (Group or Damovo Group) to be a going concern to be able to support it. Therefore the going concern review focuses on the forecasts for the Group and their ability to continue as a going concern. The events and conditions, along with other matters as set forth in Note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group and the Company's ability to continue as a 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 2.3 depends on the outcome of the actions taken by the directors to return the Group to profitability and the continued support of the Group's stakeholders and lenders. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts and classifications of liabilities that might be necessary should the Company be unable to continue in existence.

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

  +8.7%

  £6,467,782 → £7,028,649

• Cash

  -67.8%

  £151,133 → £48,736

• Net assets

  -5.2%

  £43,158,630 → £40,895,666

• Employees

  0%

  11 → 11

• Operating profit

  +150.3%

  -£2,516,589 → £1,266,151

• Profit before tax

  -15.2%

  -£4,118,284 → -£4,744,964

• Wages

  -22.9%

  £6,047,423 → £4,664,081

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

“In forming our opinion, which is not modified, we draw attention to disclosures made in the Directors' report and Note 2.3 in the financial statements concerning the Company's ability to continue as a going concern. The Company is an intermediate holding company and therefore is reliant on the Atlanta Topco Limited Group (Group or Damovo Group) to be a going concern to be able to support it. Therefore the going concern review focuses on the forecasts for the Group and their ability to continue as a going concern. The events and conditions, along with other matters as set forth in Note 2.3, indicate that a material uncertainty exists that may cast significant doubt on the Group and the Company's ability to continue as a 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 2.3 depends on the outcome of the actions taken by the directors to return the Group to profitability and the continued support of the Group's stakeholders and lenders. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts and classifications of liabilities that might be necessary should the Company be unable to continue in existence.”

Group structure

1. DAMOCO BIDCO LIMITED · parent
   1. DAMOVO Deutschland GmbH & Co. KG 100% · Germany · Trading company
   2. DAMOVO Deutschland TopCo GmbH 100% · Germany · Holding company
   3. DAMOVO Holdings Deutschland GmbH 100% · Germany · Holding company
   4. DAMOVO Deutschland Verwaltungs GmbH 100% · Germany · Holding company
   5. Netfarmers GmbH 100% · Germany · Trading company
   6. DAMOVO Österreich GmbH 100% · Austria · Trading company
   7. DAMOVO Belgium NV / SA 100% · Belgium · Trading company
   8. DAMOVO Nederland NV 100% · Netherlands · Trading company
   9. DAMOVO Luxembourg S.à.r.l 100% · Luxembourg · Trading company
   10. DAMOVO Polska Sp. z o.o. 100% · Poland · Trading company
   11. DAMOVO Schweiz AG 100% · Switzerland · Trading company
   12. DAMOVO Ireland Limited 100% · Ireland · Trading company
   13. DAMOVO Costa Rica SRI. 100% · Costa Rica · Trading company
   14. DAMOVO USA, Inc. 100% · OH · Trading company
   15. Data Point LLC 100% · NV · Trading company
   16. DAMOVO Sverige AG 100% · Sweden · Trading company
   17. Lares Holding LLC 100% · Colorado · Holding company

Significant events

• “In 2024, the Group undertook a restructuring exercise, resulting in the Company acquiring full ownership of Damovo Technology Services (DTS), Lares LLC, and Lares Holdings LLC. This acquisition was made as a capital contribution, amounting to €15,910,083.”

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.