PIL INVESTMENTS LLP

• ⚠

  Material uncertainty over going concern

  Accordingly, the financial statements have been prepared on a basis other than going concern. Liquidation costs have not been accrued as PILI 1, being the sole Member of the Partnership, has confirmed it intends to continue to provide financial support to the Partnership and would therefore provide financial support to settle these amounts as and when they arise.

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

  +6.5%

  £26,467,614 → £28,179,969

• Net assets

  -94.7%

  £499,822,742 → £26,569,676

• Employees

  —

  Not reported

• Profit before tax

  -75.3%

  £66,235,117 → £16,385,053

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 CI LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Accordingly, the financial statements have been prepared on a basis other than going concern. Liquidation costs have not been accrued as PILI 1, being the sole Member of the Partnership, has confirmed it intends to continue to provide financial support to the Partnership and would therefore provide financial support to settle these amounts as and when they arise.”

Significant events

• “Pursuant to the resolution made by the board of directors of PIML on 13 December 2024, PIML resolved to implement a rationalisation of the Partnership's structure whereby ... putting the Partnership into liquidation following the completion of the rationalisation.”
• “Per the actions set out in the Master Transfer Agreement or ancillary documents dated 19 December 2024; (i) PIML transferred its capital contribution in the Partnership to PILI 1 Portfolio S.á.r.l. RAIF ('PILI 1'), whereby PILI 1 became 100% entitled to the economic rights of the Partnership; (ii) the Partnership transferred its legal and beneficial title to its Unregulated Assets to PILI 1 who subsequently transferred them to PILI 1 Portfolio SCSP ('PILI 1 SCSp') acting by its general partner PILI 1 Portfolio GP S.á.r.l.; (iii) the Partnership will transfer its legal and beneficial title to its Regulated Assets to PILI 1 following regulatory approval of change of control; (iv) putting the Partnership into liquidation following the completion of the rationalisation.”
• “During the year the Partnership made distributions out of the profits to PILI Portfolio S.à r.l. RAIF of €562.9m (2023: €21.5m). This included €532.5m as distribution in kind in relation to the Master Transfer Agreement and €30.4m in cash distributions.”
• “Post year end the Board of Permira Investments Management Limited ('PIML') resolved for the Partnership to distribute €30.0m to PILI 1 Portfolio S.á.r.l. RAIF ('PILI 1').”

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.