LOCK MIDCO 1 LIMITED

1. LOCK MIDCO 1 LIMITED 2014-12-17 → present
2. DE FACTO 2137 LIMITED 2014-08-14 → 2014-12-17

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. The company is dependent on Lock Topco Limited, its ultimate parent company, continuing to provide financial support. Lock Topco Limited has indicated its intention to continue to make available such funds as are needed by the company for the period of 12 months from the date of approval of these financial statements. The Board's forecast extends beyond twelve months from signing of these financial statements, including severe downside scenarios. The forecast indicates that the Group will continue to generate cash to meet its financial obligations and there is significant headroom on its financial covenants in relation to its bank loans. Therefore, whilst there is wider economic uncertainty, the Directors are confident the Group will sustain profitability and cash flow and so believe it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. LOCK MIDCO 1 LIMITED · parent
   1. Lock Midco 2 Limited 100% · United Kingdom · Holding company
   2. Lock Bidco Limited 100% · United Kingdom · Holding company
   3. Marketing VF Limited 100% · United Kingdom · Digital marketing and publishing
   4. MVF US LLC 100% · USA · Sales services
   5. Software Vergeljiken B.V 100% · Netherlands · Digital marketing and publishing

Significant events

• “There were no capital commitments at the end of the financial year.”
• “There have been no material post balance sheet events requiring adjustment or disclosure in the financial statements.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -8.2%

  -£69,373,000 → -£75,044,000

• Employees

  —

  Not reported

• Profit before tax

  -11.3%

  -£5,096,000 → -£5,671,000

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