NABUCCO (TOPCO) LIMITED

• ⚠

  Material uncertainty over going concern

  The principal activity of the Company is to act as an investment company. However, in the 12 months from the date of these financial statements being approved, the Company is expected to cease investment activities. Therefore, the Directors have not prepared the financial statements on a going concern basis.

Figures converted to GBP from EUR at 0.870 per EUR (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

  -21.1%

  £66,093 → £52,178

• Net assets

  -99.9%

  £38,464,214 → £33,916

• Employees

  —

  Not reported

• Operating profit

  -5%

  -£17,393 → -£18,262

• Profit before tax

  -471.2%

  -£11,114,010 → -£63,486,390

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

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The principal activity of the Company is to act as an investment company. However, in the 12 months from the date of these financial statements being approved, the Company is expected to cease investment activities. Therefore, the Directors have not prepared the financial statements on a going concern basis.”

Group structure

1. NABUCCO (TOPCO) LIMITED · parent
   1. Infracapital Fibreoptics Networks Limited 100% · United Kingdom · investment in Rune Auge (Bidco) GmbH and Speed Connect Netzwerkserrichtungs GmbH
   2. Rune Auge (Bidco) GmbH 100% · Austria
   3. Speed Connect Netzwerkserrichtungs GmbH 100% · Austria

Significant events

• “Subsequent to the reporting date, Speed Connect Netzwerkserrichtungs GmbH was placed into administration. The recoverable amount is expected to be negligible until the result of the administration process is complete. As a result of this development, the directors have assessed that the Company is no longer a going concern.”

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

Filings

3

last 12 months

Capital events

14

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.