PARK STREET ASSET MANAGEMENT LIMITED

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

Consolidated group

Auditor

Magma Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the year end the group has net current liabilities of DKK 580,913,000 (2023: DKK 8,790,000), and net assets of DKK 892,585,000 (2023: DKK 993,137,000). At the year end the company has net current liabilities of DKK 104,642,000 (2023: DKK 11,464,000), and net assets of DKK 40,164,000 (2023: DKK 8,562,000). The Directors have prepared the group financial statements on a going concern basis following the successful refinancing of interest bearing loans and borrowing post year end.”

Group structure

1. PARK STREET ASSET MANAGEMENT LIMITED · parent
   1. Park Street NordAc Sarl 100% · Luxembourg
   2. Park Street A/S 95% · Denmark
   3. Xplore Markets Limited 72% · England
   4. Park Street Nordicom UK Limited 100% · England
   5. PSA Aps 100% · Denmark
   6. Pulse Glostrup P/S 100% · Denmark
   7. Pulse Taastrup P/S 100% · Denmark
   8. Phoam Studio ApS 100% · Denmark
   9. Pulse Living ApS 100% · Denmark
   10. Albuen ApS 100% · Denmark
   11. PSI ApS 100% · Denmark
   12. PSI Hold Co P/S 100% · Denmark
   13. Pulse N P/S 100% · Denmark
   14. Pulse O P/S 100% · Denmark
   15. Ballerup Hotel P/S 100% · Denmark
   16. Toldbuen P/S 100% · Denmark
   17. Svanevej P/S 100% · Denmark

Significant events

• “Park Street has sold one asset in Silkeborg after the year end.”
• “After the balance sheet date, the group has successfully refinanced interest bearing loans and borrowings. Following the refinancing no amounts are now payable within 12 months of approval of the financial statements.”

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

Filings

2

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

  -9%

  £19,295,279 → £17,550,084

• Cash

  +125.6%

  £4,766,971 → £10,755,589

• Net assets

  -10.1%

  £115,340,224 → £103,662,389

• Employees

  -18.2%

  22 → 18

• Operating profit

  -20%

  £10,608,559 → £8,485,686

• Profit before tax

  +156.2%

  -£4,252,250 → £2,390,337

• Wages

  -9.7%

  £1,734,975 → £1,566,343

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