PARKMORE POINT RMBS 2022-1 PLC

• ⚠

  Material uncertainty over going concern

  However, the Directors believe these matters represent a material uncertainty that may cast significant doubt on the ability of the Company to continue as a going concern. It may, therefore, be unable to continue realising its assets and discharging its liabilities in the normal course of business.

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

  +5.6%

  £22,264,206 → £23,511,379

• Cash

  -5.5%

  £11,804,039 → £11,157,669

• Net assets

  -6.8%

  £3,615,526 → £3,370,903

• Employees

  —

  Not reported

• Operating profit

  -106.8%

  £3,603,595 → -£243,623

• Profit before tax

  -106.8%

  £3,603,595 → -£243,623

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

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

Ecovis Wingrave Yeats LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the Directors believe these matters represent a material uncertainty that may cast significant doubt on the ability of the Company to continue as a going concern. It may, therefore, be unable to continue realising its assets and discharging its liabilities in the normal course of business.”

Significant events

• “On 4 October 2022 the Company issued mortgage backed floating rate notes and applied the proceeds to acquire a portfolio of residential mortgage loans.”
• “The entity has the option to call a redemption in July 2025.”

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

Filings

2

last 12 months

Capital events

0

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.