PPC EMPLOYEES AND SERVICES 2 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 EMPLOYEES AND SERVICES 2 LIMITED 2024-08-12 → present
2. DTP EMPLOYEES AND SERVICES 2 LIMITED 2019-12-20 → 2024-08-12
3. BRYANT PARK EMPLOYEES AND SERVICES 2 LIMITED 2015-08-17 → 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 12 September 2024, the Group has completed a refinancing of its debt with third party lenders.”
• “Upon the completion of refinancing, the Company is now the party to a composite guarantee provided to third party lenders in connection with loans held by PPC Regional Hospitality Group Company Limited and ProsperCap Subholdco Limited.”
• “On 10 April 2025, DTP IH has provided a signed letter of support to ProsperCap Corporation Limited ("PPC") and its subsidiaries ("PPC Group") to ensure sufficient liquidity be made available to PPC Group for payment of its financial indebtedness;”
• “On 25 September 2025, ProsperCap Corporation Limited ("PPC") has entered into a £22.4m 18th month Term Credit Facility Agreement with DTP IH, of which the total committed loan of £22.4m shall be made available in three (3) tranches, the initial drawdown of the first tranche will be applied to pay PPC's UK subsidiaries operating expenditures, capital expenditures and working capital requirement.”
• “The Group expects to drawdown an amount of £4.5m to fund the CAPEX expenditure under its external debt facility in October 2025.”
• “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. The interest rate cap had a notional amount of £945k, an effective interest rate of 3.2% per annum and a maturity date of 21 September 2026.”
• “Subsequent to the end of the reporting period and as at the date of authorisation of these financial statements, a fellow subsidiary has received an unsecured interest-free loan from PPC, via PPC Hospitality UK Company Limited, to support the ongoing operating expenditures, capital expenditures, and working capital requirements of the Company and other fellow subsidiaries.”

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

Filings

12

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £17,000 → £17,000

• 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