PCL FUNDING IX PLC
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2026-12-12 (in 7mo)
Last made up 2025-11-28
Watchouts
Cash
£10M
-22.5% vs 2024
Net assets
£15K
+7.1% vs 2024
Employees
0
Average over period
Profit before tax
£1K
0% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
However, due to the Optional Redemption Date falling just outside of the going concern period and no confirmation as to whether or not the option will be exercised, this indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £12,811,000 | £20,240,000 | |
| Operating profit | £1,000 | £1,000 | |
| Profit before tax | £1,000 | £1,000 | |
| Net profit | £1,000 | £1,000 | |
| Cash | £13,441,000 | £10,422,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £14,000 | £15,000 | |
| Equity | £14,000 | £15,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | £0 | £0 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+58%
£12,811,000 £20,240,000
-
Cash
-22.5%
£13,441,000 £10,422,000
-
Net assets
+7.1%
£14,000 £15,000
-
Employees
—
Not reported
-
Operating profit
0%
£1,000 £1,000
-
Profit before tax
0%
£1,000 £1,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 0.0% | 0.0% | |
| Net margin | 0.0% | 0.0% | |
| Gearing (liabilities / total assets) | 100.0% | 100.0% | |
| Current ratio | 35.42x | 39.14x | |
| Interest cover | 0.00x | 0.00x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, due to the Optional Redemption Date falling just outside of the going concern period and no confirmation as to whether or not the option will be exercised, this indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.”
Significant events
- “Subsequent to the reporting date, geopolitical armed conflict in the Middle East commenced. The Directors have concluded that this represents a non-adjusting event and, accordingly, no adjustment has been made to the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILMINGTON TRUST SP SERVICES (LONDON) LIMITED | Corporate Secretary | 2023-11-29 | — | — |
| KYRIAKOPOULOS, Ioannis | Director | 2023-11-29 | Jun 1974 | British |
| WILMINGTON TRUST SP SERVICES (LONDON) LIMITED | Corporate Director | 2023-11-29 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wilmington Trust Sp Services (London) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-29 | Active |
Filing timeline
Last 11 of 11 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-18 | AA | accounts | Accounts with accounts type full | |
| 2025-12-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | CH01 | officers | Change person director company with change date | |
| 2025-04-09 | AA | accounts | Accounts with accounts type full | |
| 2024-11-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-03-04 | SH01 | capital | Capital allotment shares | |
| 2024-03-01 | CERT8A | incorporation | Legacy | |
| 2024-03-01 | SH50 | reregistration | Application trading certificate | |
| 2024-02-27 | AA01 | accounts | Change account reference date company current extended | |
| 2023-11-29 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.