CONBRIO FUND PARTNERS LIMITED

• ⚠

  Material uncertainty over going concern

  The Company is considering a proposal to retire as operator of its current funds in favour of its parent. No formal decision has yet been taken by the Board and the date on which this may happen is unclear. Accordingly, the directors continue to treat the Company as a going concern and have prepared the accounts on this basis. The Group has a loan for £18.2m which was due for repayment on the 1 August 2024 and an agreement has been reached with the lender to extend the payment date to 31 December 2024. The Board has begun discussions with a number of potential lenders to refinance the loan.

1. CONBRIO FUND PARTNERS LIMITED 2020-07-24 → present
2. CASTLEFIELD FUND PARTNERS LIMITED 2016-03-10 → 2020-07-24
3. CASTLEFIELD GAEIA LIMITED 2012-01-18 → 2016-03-10
4. THE GAEIA PARTNERSHIP LIMITED 2005-06-29 → 2012-01-18
5. BROMIGE FINANCIAL SERVICES LIMITED 2002-11-29 → 2005-06-29

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

Grant Thornton LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company is considering a proposal to retire as operator of its current funds in favour of its parent. No formal decision has yet been taken by the Board and the date on which this may happen is unclear. Accordingly, the directors continue to treat the Company as a going concern and have prepared the accounts on this basis. The Group has a loan for £18.2m which was due for repayment on the 1 August 2024 and an agreement has been reached with the lender to extend the payment date to 31 December 2024. The Board has begun discussions with a number of potential lenders to refinance the loan.”

Significant events

• “The Company was part of the Castlefield Partners Limited group until 8 December 2023 when it was acquired by Thesis Unit Trust Management Limited ("Tutman")”
• “The Company successfully implemented the FCA Consumer Duty regulations by the deadline on 31 July 2023.”
• “On 17 June 2024 the Board approved the appointment of Grant Thornton UK LLP as auditors.”

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

Filings

3

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.

• Turnover

  -29.8%

  £10,813,856 → £7,595,247

• Cash

  +36%

  £1,102,429 → £1,498,994

• Net assets

  +15.4%

  £1,007,953 → £1,163,164

• Employees

  —

  Not reported

• Operating profit

  -61.6%

  £531,358 → £204,065

• Profit before tax

  -61%

  £523,358 → £204,065

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