KLOCKNER PENTAPLAST LIMITED

• ⚠

  Material uncertainty over going concern

  The Company's ability to continue as a going concern is dependent upon the successful completion of a refinancing of existing borrowing facilities by the parent company of the Group (Kleopatra Holdings 2 S.C.A). These conditions indicate the existence of material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern and that it may be unable to realise its assets and discharge its liabilities in the normal course of business. Nevertheless, the director believes that it remains appropriate to prepare the financial statements on a going concern basis.

1. KLOCKNER PENTAPLAST LIMITED 2003-09-30 → present
2. G-PLAS LIMITED 1998-12-10 → 2003-09-30
3. PG NOMINEES LIMITED 1998-12-01 → 1998-12-10

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

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company's ability to continue as a going concern is dependent upon the successful completion of a refinancing of existing borrowing facilities by the parent company of the Group (Kleopatra Holdings 2 S.C.A). These conditions indicate the existence of material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern and that it may be unable to realise its assets and discharge its liabilities in the normal course of business. Nevertheless, the director believes that it remains appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 4 November, 2025, Kleopatra Holdings 2 S.C.A. and certain of its Debtor affiliates filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. The filing was performed pursuant to an RSA entered into between the Group and its key financial creditors.”

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

Filings

12

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.

• Turnover

  -1.9%

  £31,304,220 → £30,704,262

• Cash

  +3,926%

  £11,461 → £461,424

• Net assets

  +11.6%

  £15,458,637 → £17,257,562

• Employees

  +1.4%

  74 → 75

• Operating profit

  +36.8%

  £1,155,644 → £1,580,742

• Profit before tax

  +50.3%

  £1,196,767 → £1,798,925

• Wages

  -2.1%

  £3,594,852 → £3,520,482

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