CAPRICORN EGYPT LIMITED

• ⚠

  Material uncertainty over going concern

  The Company's exposure to the guarantee, and the risk that the lenders withhold approval of the ongoing waivers, indicate the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. However, the Directors have a reasonable expectation that the Company will continue in operational existence for a period of at least 12 months from the date of approval of the Financial Statements and have therefore used the going concern basis in preparing the Financial Statements. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.

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

  -26.6%

  £149,435,598 → £109,740,600

• Cash

  +658.3%

  £4,485,311 → £34,013,605

• Net assets

  +356.5%

  -£62,794,349 → £161,097,406

• Employees

  -27.3%

  22 → 16

• Operating profit

  +240%

  £13,082,156 → £44,479,330

• Profit before tax

  +570.5%

  -£5,830,904 → £27,435,150

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company's exposure to the guarantee, and the risk that the lenders withhold approval of the ongoing waivers, indicate the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. However, the Directors have a reasonable expectation that the Company will continue in operational existence for a period of at least 12 months from the date of approval of the Financial Statements and have therefore used the going concern basis in preparing the Financial Statements. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.”

Significant events

• “In June 2024, the Company parent, Capricorn Egypt (Holding) Limited, waived $293.8m due from the Company, which was offset against amounts due to parent company.”

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

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.