INFRARED INFRASTRUCTURE V INVESTMENTS LIMITED

• ◆

  Material uncertainty over going concern

  At 31 December 2025, the Company had an excess of current liabilities over current assets. It is dependent for its working capital on funds from the General Partner. The General Partner has indicated its intention to make available funds needed for at least 12 months, but Directors acknowledge there can be no certainty that this support will continue.

• ·

  Going-concern uncertainty disclosed

Figures converted to GBP from US$ at 0.743 per US$ (Frankfurter spot rate) — hover any figure for the original. — 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 —. 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

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At 31 December 2025, the Company had an excess of current liabilities over current assets. It is dependent for its working capital on funds from the General Partner. The General Partner has indicated its intention to make available funds needed for at least 12 months, but Directors acknowledge there can be no certainty that this support will continue.”

Group structure

1. INFRARED INFRASTRUCTURE V INVESTMENTS LIMITED · parent
   1. DG Fibre Holdings Limited 99.55% · UK · Holding company
   2. Live-in Learning Investments Limited 100% · UK · Holding company
   3. InfraRed Iberia Holdings, S.L. 100% · Spain · Holding company
   4. InfraRed Infrastructure RAM S.L. 100% · Spain · Holding company
   5. HLO - Sociedade Gestora do Edificio, S.A. 100% · Portugal · Project company

Significant events

• “During the year, a subsidiary undertaking disposed of its interests in a student accommodation project in Australia.”
• “Subsequent to the reporting date, a conflict began in Iran and the wider Middle East, contributing to increased geopolitical uncertainty in global markets.”

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

Filings

16

last 12 months

Capital events

11

last 24 months

Officers appointed

1

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.