PA1 TOWER LEASE LIMITED

• ⚠

  Material uncertainty over going concern

  Material uncertainity re going concern: We draw your attention to note 1.2 of the financial statements which explains that the company is dependent on financing from its parent which in turn is dependent on the parent obtaining additional financing which has not yet been secured. As stated in note 1.2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on 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

  +504.8%

  £14,771 → £89,338

  highest in 3 filed years

• Net assets

  +18.2%

  £1,184,313 → £1,399,341

• Employees

  —

  Not reported

• Operating profit

  +107.1%

  -£3,049,053 → £215,028

• Profit before tax

  +107.1%

  -£3,049,053 → £215,028

  first positive since 2024

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Gravita Audit Oxford LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Material uncertainity re going concern: We draw your attention to note 1.2 of the financial statements which explains that the company is dependent on financing from its parent which in turn is dependent on the parent obtaining additional financing which has not yet been secured. As stated in note 1.2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “The land valuation was reduced to its estimated net realisable value as provided by Savills, chartered surveyors. This resulted in the Company incurring impairment losses of £3,167,968 in the prior year.”

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

Filings

9

last 12 months

Capital events

2

last 24 months

Officers appointed

4

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.