MASLOW IV LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 1.2 to the financial statements which indicates that directors have not decided whether the Group will continue to originate further new loans. In the event that the existing loans are fully repaid, and the Group does not identify any new lending opportunities, the Group will cease to be a going concern. These events and conditions, along with the other matters explained in note 1.2, constitute a material uncertainty that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.

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

  —

  Not reported

• Cash

  -72.7%

  £1,268,647 → £346,273

• Net assets

  +10.5%

  -£2,987,931 → -£2,674,448

• Employees

  —

  Not reported

• Operating profit

  +116.1%

  £213,866 → £462,083

• Profit before tax

  +116.1%

  £213,866 → £462,083

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

FRS 102

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 1.2 to the financial statements which indicates that directors have not decided whether the Group will continue to originate further new loans. In the event that the existing loans are fully repaid, and the Group does not identify any new lending opportunities, the Group will cease to be a going concern. These events and conditions, along with the other matters explained in note 1.2, constitute a material uncertainty that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.”

Group structure

1. MASLOW IV LIMITED · parent
   1. Maslow Notes Issuer Limited

Significant events

• “Subsequent to the FY24 year end, Maslow IV and MNIL investor M&G Debt Solutions Fund ("DSF") was wound up, with all remaining capital returned to investors in 2025. Construction delays and operational challenges affecting the two remaining loans within Maslow IV and MNIL (Fulham Palace Road and Green Lanes) required extensions of their respective maturities into 2026, to allow completion of the underlying projects. In this context, Maslow IV and MNIL investor M&G Catalyst Capital Fund ('CCAF') entered into an agreement to acquire DSF's approximately 20% economic interest in Maslow IV and MNIL. There were no other subsequent events to report since year end.”

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.