PETRA DIAMONDS US$ TREASURY PLC

• ⚠

  Material uncertainty over going concern

  The consolidated financial statements of the PDL Group for FY2025 includes a material uncertainty related to going concern due to risks associated with persisting market volatility which may lead to lower diamond prices for longer, as well as the PDL Group's dependence on the refinancing of the 2L Notes and the Revolving Credit Facility (RCF).

Figures converted to GBP from USD at 0.748 per USD (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

  -99.4%

  £1,347,984 → £7,556

• Net assets

  -558.5%

  £14,289,829 → -£65,524,091

• Employees

  0%

  3 → 3

• Profit before tax

  +29.3%

  -£112,475,767 → -£79,573,044

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The consolidated financial statements of the PDL Group for FY2025 includes a material uncertainty related to going concern due to risks associated with persisting market volatility which may lead to lower diamond prices for longer, as well as the PDL Group's dependence on the refinancing of the 2L Notes and the Revolving Credit Facility (RCF).”

Group structure

1. PETRA DIAMONDS US$ TREASURY PLC · parent
   1. Petra Diamonds UK Treasury Limited 100% · United Kingdom · Treasury company

Significant events

• “Subsequent to the year end, the Petra Group progressed its refinancing strategy to address the maturity of the US$228 million five-year senior secured second lien Loan Notes (the Notes), due March 2026 and associated revolving credit facilities. On 8 August 2025, the Petra Group announced the proposed execution of a comprehensive refinancing package, subject to shareholder approval...”

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

Filings

7

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.