P G S INTERNATIONAL LIMITED

• ⚠

  Material uncertainty over going concern

  The Company continues to depend on the continued operations of its related parties, including a tour operator. There are ongoing uncertainties as to the duration and impact of war between Russia and Ukraine, the global economic slowdown as well as the effectiveness of government and central bank responses to these macroeconomic factors. It is not, therefore, possible to predict the consequent impact on the Company's future results and financial position, which causes uncertainty in relation to the Company's ability to continue as a going concern. As such, there is material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern, and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business. These financial statements do not include the adjustments that would result if the Company was unable to continue as a going concern.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

1. P G S INTERNATIONAL LIMITED 2006-03-14 → present
2. P G S TOURISTIC LIMITED 2006-02-27 → 2006-03-14

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

RPG Crouch Chapman LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“The Company continues to depend on the continued operations of its related parties, including a tour operator. There are ongoing uncertainties as to the duration and impact of war between Russia and Ukraine, the global economic slowdown as well as the effectiveness of government and central bank responses to these macroeconomic factors. It is not, therefore, possible to predict the consequent impact on the Company's future results and financial position, which causes uncertainty in relation to the Company's ability to continue as a going concern. As such, there is material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern, and therefore it may be unable to realise its assets and discharge its liabilities in the normal course of business. These financial statements do not include the adjustments that would result if the Company was unable to continue as a going concern.”

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

  +16.7%

  £858,498,888 → £1,001,999,259

• Cash

  -75%

  £22,283,173 → £5,578,947

• Net assets

  +2.6%

  -£151,469,978 → -£147,602,669

• Employees

  0%

  2 → 2

• Operating profit

  +92.1%

  -£7,306,894 → -£578,947

• Profit before tax

  +127%

  £1,703,484 → £3,867,309

• Wages

  +30%

  £22,239 → £28,910

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