ATLAS FUNDING 2022-1 PLC

• ⚠

  Material uncertainty over going concern

  There are specific circumstances which have arisen pre and post the financial year end that the Directors consider give rise to a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Namely this relates to the optional redemption date on the Notes being in February 2026.

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

  -38.7%

  £13,164,383 → £8,067,434

• Net assets

  -26.2%

  £24,232,777 → £17,892,677

• Employees

  —

  Not reported

• Profit before tax

  +49.7%

  -£12,615,198 → -£6,339,800

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“There are specific circumstances which have arisen pre and post the financial year end that the Directors consider give rise to a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Namely this relates to the optional redemption date on the Notes being in February 2026.”

Significant events

• “The Bank of England has reduced the base rate for the first time since the onset of the COVID-19 pandemic from 5.25% in August 2023 to 5% in August 2024 which was followed by further decreases to 4.75% in November 2024 and 4.50% in February 2025.”
• “factors such as elevated energy prices - triggered in large part by the ongoing Russia-Ukraine war, ongoing global supply chain bottlenecks, increased geopolitical tensions in the Middle East and along the vital Red Sea shipping route still remain potential threats to the UK economy.”

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.