VFU FUNDING PLC

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

  -77.2%

  £159,938 → £36,539

• Net assets

  -4.3%

  -£47,359,966 → -£49,380,484

• Employees

  —

  Not reported

• Operating profit

  -2,827.9%

  -£4,837 → -£141,623

• Profit before tax

  +21%

  -£8,730,075 → -£6,900,164

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

UK-adopted International Accounting Standards

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding the material uncertainties outlined above, the Company expects that, having taken into account all available information about the future-for-a-period-of-1-2 months from the date of signing the financial statements, including the principal repayment due date of 11 February 2027, and through discussions held with PJSC "VF Ukraine", the Company remains a going concern and that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 14 January 2025, PJSC "VF Ukraine" announced a Consent Solicitation process in respect of the loan participation notes in issue, proposing certain amendments, which concluded on 5 February 2025 with the passing of an Extraordinary Resolution.”
• “The repayment date of the Notes was extended by two years to 11 February 2027.”
• “The rate of interest for the Loan and the Notes was increased from 6.2% to 9.625% per annum.”
• “The Borrower was required to partially prepay an amount under the Loan equal to USD99,880,000, received on 06 February 2025.”
• “A new covenant was introduced requiring the Borrower to maintain liquidity of USD150,000,000, increasing to at least USD200,000,000 from 11 August 2025.”
• “A cash consent fee of USD20 per USD1,000 principal amount of Notes was required, with funds received from the Borrower and paid on 06 February 2025.”

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

Filings

2

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.