TVUPB LIMITED

• ⚠

  Material uncertainty over going concern

  The Tees Valley Catalyst Limited Partnership is expected to terminate on or before 31 March 2026, following which the Company will cease trading. The directors have therefore taken the decision not to prepare the financial statements on a going concern basis. No adjustments were necessary to the amounts at which the remaining net assets are included in these financial statements.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Tees Valley Catalyst Limited Partnership is expected to terminate on or before 31 March 2026, following which the Company will cease trading. The directors have therefore taken the decision not to prepare the financial statements on a going concern basis. No adjustments were necessary to the amounts at which the remaining net assets are included in these financial statements.”

Significant events

• “On 29 April 2024, a Variation of Terms to the Limited Partnership was agreed between the Limited Partner and the General Partner. All parties agreed to reschedule the General Partners Share with effect from 30 March 2024, so that all amounts due over the original term of the Partnership would be paid by 30 September 2025 instead of the original termination date of 31 March 2026.”
• “It was also agreed to accelerate the repayment of the Limited Partner loan, with a final repayment to be made on or shortly after 15 December 2025. On 29 April 2024, an initial loan repayment of £6.0m was made to the Limited Partner and further loan repayments were made to the Limited Partner of £1.0m on 15 August 2024 and £1.5m on 16 December 2024.”
• “The Tees Valley Catalyst Limited Partnership is expected to terminate on or before 31 March 2026, following which the Company will cease trading.”

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

Filings

4

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

  +36.2%

  £200,000 → £272,331

• Cash

  0%

  £1 → £1

• Net assets

  0%

  £1 → £1

• Employees

  —

  Not reported

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