PHOENIX ER2 LIMITED

• ⚠

  Accounts not prepared on a going-concern basis

  Accordingly, the Directors have prepared the financial statements on a basis other than going concern.

• ·

  Going-concern uncertainty disclosed

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. 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

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Not a going concern (break-up basis)

“Accordingly, the Directors have prepared the financial statements on a basis other than going concern.”

Significant events

• “The Company is in discussions and intends to transfer its entire ERM portfolio and other assets and liabilities to PLL during 2026. No firm date has been agreed as at the date of authorisation of these financial statements. All outstanding Fixed Rate, Junior Loan Notes and associated accrued interest will be redeemed in consideration. Following the transfer, the Company will become inactive.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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