EUROSAIL-UK 2007-5NP PLC

1. EUROSAIL-UK 2007-5NP PLC 2007-10-24 → present
2. EUROSAIL-UK 2007-5NP PUBLIC LIMITED COMPANY 2007-10-02 → 2007-10-24

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company has reported a profit after taxation for the current year and is in a net current asset position as at 30 November 2024. As at 30 November 2024, the Company holds £108,242,000 of mortgage assets, £8,000,000 of cash and cash equivalents, £1,373,000 of interest accrued on loan notes and £106,885,000 of loan notes payable. The repayment of the principal liabilities of the Company, the floating rate notes, is limited to available principal cash received on the Company's mortgage assets until the final repayment date. Consequently, the directors are confident that the Company will continue to have sufficient funds to continue to meet its liabilities as they fall due by February 2027, being 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “A call option exists over the loan notes issued by the Company which may be exercised at the sole discretion of the mortgage administrator (Kensington Mortgage Company Limited) on any Interest Payment Date on or after the outstanding mortgage-backed loan notes reach 10% of the original amount. The threshold is expected to be met in April 2027.”

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.

• Turnover

  —

  Not reported

• Cash

  -12.2%

  £9,116,000 → £8,000,000

• Net assets

  +4.1%

  £73,000 → £76,000

• Employees

  —

  Not reported

• Operating profit

  -20%

  £5,000 → £4,000

• Profit before tax

  -20%

  £5,000 → £4,000

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