FORTIS IBA LIMITED

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have not identified any material uncertainties around the going concern assumptions and have reasonable expectation that the group has adequate resources to continue its operational existence for a period of at least twelve months from signing these financial statements. Thus they continue to adopt the going concern basis for accounting in preparing the annual financial statements.”

Significant events

• “On 14 March 2025, the Binder Holdco Limited Group of which Fortis IBA Limited is a member, completed a reorganisation which included the establishment of a new holding company for the ownership of Binder Holdco Limited and remaining subsidiaries, and the demerger of the three subsidiary companies.”
• “As part of the group reorganisation, on the 14 March 2025 the group put in place a new Revolving Credit Facility with Lloyds Bank PLC.”
• “On 17 November 2025 Elysian Capital II LP sold the majority of its investment in Raymond Brown New Topco Limited to Elysian Capital CV I LP, a private equity fund managed by Elysian Capital LLP. In aggregate the Elysian Capital Private Equity funds hold a 79% controlling interest in the Raymond Brown New Topco Limited.”
• “As part of the change of ownership on 17 November 2025, the Group has agreed new Senior Debt facilities with Lloyds.”

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

Filings

4

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.