BREDS III DEBT PORTFOLIO HOLDING CO LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors acknowledge whilst there is a current year loss of US$41,502 (2023: US$41,898) and a net working capital surplus position of US$52,238 (2023: net working capital deficiency position of US$115,635), they have reasonable expectation that the Company will be able to continue in operational existence till strike off given the company has access to sufficient cash and financial resources from its parent. In 2025, the Company is planning to dispose all of its investments in Trusts with no plans to make new investments. The Company's subsidiaries are in the preparation of striking off and management intends to strike off the Company in due course. Accordingly, the Company have adopted a basis other than that of a going concern in preparing the financial statement as the management intends to liquidate the Company. No adjustments arose as a result of ceasing to apply a going-concern basis.

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

FRS 102 §1A

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors acknowledge whilst there is a current year loss of US$41,502 (2023: US$41,898) and a net working capital surplus position of US$52,238 (2023: net working capital deficiency position of US$115,635), they have reasonable expectation that the Company will be able to continue in operational existence till strike off given the company has access to sufficient cash and financial resources from its parent. In 2025, the Company is planning to dispose all of its investments in Trusts with no plans to make new investments. The Company's subsidiaries are in the preparation of striking off and management intends to strike off the Company in due course. Accordingly, the Company have adopted a basis other than that of a going concern in preparing the financial statement as the management intends to liquidate the Company. No adjustments arose as a result of ceasing to apply a going-concern basis.”

Group structure

1. BREDS III DEBT PORTFOLIO HOLDING CO LIMITED · parent
   1. BREDS III Finco Pty Ltd (c) 1% · Australia · Trustee
   2. BREDS III Debt Portfolio Hold TC Pty Ltd (d) 1% · Australia · Trustee
   3. BREDS III Debt Portfolio Sub TC Pty Ltd (e) 1% · Australia · Trustee
   4. DNS Hold TC Pty Ltd (f) 1% · Australia · Trustee
   5. DNS Sub TC Pty Ltd (g) 1% · Australia · Trustee

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

Filings

6

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  +1,844.9%

  £4,236 → £82,388

• Net assets

  +145.2%

  -£85,681 → £38,723

• Employees

  —

  Not reported

• Operating profit

  -4%

  -£29,380 → -£30,569

• Profit before tax

  +0.9%

  -£31,059 → -£30,765

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