PGUK TRSA I LIMITED

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  Negative shareholders' funds

Values shown as filed in the company's annual accounts. — 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

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The position of the Company as at the balance sheet date is a net liability of £4,569,000 (31 December 2023: £1,621,000). This position reflects the debt funding structure in place for the Group. Whilst there is a net current liability position of £39,207,000 (31 December 2023: £40,944,000) the Directors conclude the going concern basis is appropriate for the reasons discussed in the following paragraphs. The Directors of Appia Group Limited have provided a letter of support to the company to allow it to meet its liabilities as they become due for 12 months from date of signing the financial statements. The directors have assessed the willingness and ability of Appia Group Limited to provide required support. The business's forecasts and projections over the next 12 months indicate that the business will operate comfortably within its banking covenants and will be able to meet all contractual liabilities as they fall due. The directors therefore have a reasonable expectation that the Company has adequate resources to continue operating for the foreseeable future. Accordingly, the going concern basis has been adopted in preparing the financial statements.”

Significant events

• “Q1 2024 was a challenging period for trading marked by subdued consumer confidence. Post Easter, trading was increasingly strong potentially helped by easing inflation and wage settlements reflecting pricing increases in addition to a strong customer offer.”
• “The launch of the Welcome Break Charitable Fund solidifies our commitment to giving back to our local communities and Team Members. We are thrilled to share that over £1 Million Pounds has been raised for the Welcome Break Charitable Fund since its launch in May 2023.”
• “We are proud to launch our new partnership with National Emergencies Trust to enable our teams to raise vital funds and provide support to our local communities when they need it, across the UK.”
• “On 13 August 2025 Rome Ventures LP transferred some of it's shareholding in Appia Group Limited to Rome Direct LP. As a result Appia Group Limited is now owned by Petrogas Holdings UK Limited, incorporated in England and Wales, 53.55%, Rome Ventures LP, registered in Scotland, 33.95% and Rome Direct LP, registered in Scotland, 12.50%.”

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

Filings

8

last 12 months

Capital events

2

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.