PPC ACQUISITIONS 2 MAILBOXES (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  While we note that the Group has received GBP£5m as an equity injection in September 2025, we have been unable to obtain sufficient appropriate audit evidence on DTP Inter Holdings Pte Limited's ("DTP IH") ability to provide further financial support to the Group as is expected to be required for at least the next 12 months from the date of issuance of these financial statements.

• ◆

  Audit opinion: Disclaimer of opinion

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

• ◆

  5 officer resignations in last 12 months

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

1. PPC ACQUISITIONS 2 MAILBOXES (UK) LIMITED 2024-08-12 → present
2. DTP ACQUISITION 2 MAILBOX (UK) LIMITED 2019-12-20 → 2024-08-12
3. BPH ACQUISITION 2 MAILBOX (UK) LIMITED 2015-05-11 → 2019-12-20

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

KPMG

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“While we note that the Group has received GBP£5m as an equity injection in September 2025, we have been unable to obtain sufficient appropriate audit evidence on DTP Inter Holdings Pte Limited's ("DTP IH") ability to provide further financial support to the Group as is expected to be required for at least the next 12 months from the date of issuance of these financial statements.”

Significant events

• “On 27 June 2025, the Group completed a draw-down of the mezzanine capex loan facility for a total amount of £945k.”
• “At the same time, the Group entered into a new interest rate cap to mitigate interest exposure.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +9.6%

  £3,712,000 → £4,070,000

• Cash

  +35.1%

  £57,000 → £77,000

• Net assets

  +41.6%

  -£2,307,000 → -£1,348,000

• Employees

  +16.7%

  42 → 49

• Operating profit

  +18.3%

  £487,000 → £576,000

• Profit before tax

  +64.8%

  £176,000 → £290,000

• Wages

  +15.6%

  £938,000 → £1,084,000

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