EXETER CASH PLAN HOLDINGS LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have prepared these accounts under a basis other than going concern. The rationale for this was due to a strategic decision to exit the Cash Plan market.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have prepared these accounts under a basis other than going concern. The rationale for this was due to a strategic decision to exit the Cash Plan market.”

Group structure

1. EXETER CASH PLAN HOLDINGS LIMITED · parent
   1. ECP 100% · UK · underwriting of health insurance business

Significant events

• “During the year Exeter Friendly Society Limited made a strategic decision to exit the Cash Plan market. As a consequence the decision was made to run off policies held within ECP. Once the all policies have cancelled on expiry in 2025, ECP, and subsequently the Company will be wound down.”
• “The board of directors has resolved to strategically divest from the Cash Plan market. Consequently, the operations of the Company's subsidiary, ECP, will be transitioned into a run-off phase. As a result, the board intends to initiate the liquidation process for the Company.”

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

1

last 12 months

Officers resigned

3

last 12 months

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