HOULIHAN LOKEY ISRAEL LIMITED

• ⚠

  Material uncertainty over going concern

  In line with FRS 102 (3.8), these financial statements have not been prepared on a going concern basis as the directors have the intention to wind up the Company within a period of twelve months from the date of signing of these financial statements. As such the financial statements have been prepared on a break-up basis. The Company has net current assets of £1.2m (2024: £1.0m) indicating that it has sufficient assets to settle its liabilities as they fall due during this process. At the date of authorization of this report, the Company continues to have positive net current assets.

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

  +22.1%

  £2,147,732 → £2,622,566

• Cash

  +828.6%

  £31,733 → £294,686

• Net assets

  +21.5%

  £1,045,371 → £1,270,234

• Employees

  -16.7%

  6 → 5

• Profit before tax

  +71.2%

  £208,083 → £356,299

• Wages

  +28.8%

  £1,206,179 → £1,553,195

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.

1. HOULIHAN LOKEY ISRAEL LIMITED 2021-12-06 → present
2. GCA ALTIUM ISRAEL LIMITED 2016-08-01 → 2021-12-06
3. ALTIUM ISRAEL LIMITED 2015-04-28 → 2016-08-01

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In line with FRS 102 (3.8), these financial statements have not been prepared on a going concern basis as the directors have the intention to wind up the Company within a period of twelve months from the date of signing of these financial statements. As such the financial statements have been prepared on a break-up basis. The Company has net current assets of £1.2m (2024: £1.0m) indicating that it has sufficient assets to settle its liabilities as they fall due during this process. At the date of authorization of this report, the Company continues to have positive net current assets.”

Significant events

• “At the reporting date, the Company had ceased all trading activities and management intends to wind up the Company within the next twelve months.”
• “Subsequent to the reporting date, the Company exited its lease agreement for its office premises. Furthermore, management has made the decision to cease all trading activities and anticipates the complete winding up of the entity with twelve months of the signing of these financial statements.”

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

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.