ALLEGO CHARGING LTD

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.2 in the financial statements, which explains that the Company is dependent on continued financial support from its parent, Allego N.V., to meet its obligations as they fall due. The note also explains that Allego N.V. is required to comply with financial covenants and that failure to meet these covenants on three consecutive testing dates after December 2026 could result in the loan becoming immediately due and payable. The note further explains that Allego N.V. expects to receive additional committed funding of 150 million from the ultimate parent, Meridiam, by 31 December 2025, which may be used as a second and final equity cure up to June 2026. However, there remains a risk of covenant breach after June 2026. As stated in note 1.2, these events and conditions indicate that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

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

  +73.4%

  £2,460,005 → £4,265,346

• Cash

  +536.2%

  £80,484 → £512,002

• Net assets

  +203.7%

  £146,572 → £445,175

  highest in 3 filed years

• Employees

  +66.7%

  6 → 10

  highest in 6 filed years

• Operating profit

  +474.9%

  £172,024 → £988,925

• Profit before tax

  +380.9%

  £82,796 → £398,137

• Wages

  +14.6%

  £703,818 → £806,277

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 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.2 in the financial statements, which explains that the Company is dependent on continued financial support from its parent, Allego N.V., to meet its obligations as they fall due. The note also explains that Allego N.V. is required to comply with financial covenants and that failure to meet these covenants on three consecutive testing dates after December 2026 could result in the loan becoming immediately due and payable. The note further explains that Allego N.V. expects to receive additional committed funding of 150 million from the ultimate parent, Meridiam, by 31 December 2025, which may be used as a second and final equity cure up to June 2026. However, there remains a risk of covenant breach after June 2026. As stated in note 1.2, these events and conditions indicate that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “On December 19, 2022, the Group entered into a new facility agreement ("the renewed facility") for a total amount of 400,000 thousand, to further support its growth.”
• “The first tranche of the committed convertible bond from Meridiam in amount of 150 million was received at the end of December 2024, and an additional 150 million is expected to be received in December 2025.”
• “The compliance certificate provided to lenders confirms that the Group was in compliance with its financial covenants as of June 30, 2025, and was not in default.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.