GINGER MIDCO LIMITED

• ⚠

  Material uncertainty over going concern

  However, the group is nearing the end of its private equity life cycle and, should a sale occur in the future, it is expected that only Alston Elliot Limited and its subsidiaries would be included in any transaction. In such circumstances, the company, Ginger Midco Limited, would cease to operate as a holding company. This gives rise to a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

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

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the group is nearing the end of its private equity life cycle and, should a sale occur in the future, it is expected that only Alston Elliot Limited and its subsidiaries would be included in any transaction. In such circumstances, the company, Ginger Midco Limited, would cease to operate as a holding company. This gives rise to a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. GINGER MIDCO LIMITED · parent
   1. AEL Assets Holding (Proprietary) Limited 100% · South Africa · Holding company
   2. Alston Elliot India (Private) Limited 99.99% · India · The provision of TV graphics and data services
   3. Alston Elliot Limited 100% · United Kingdom · The provision of TV graphics and data services
   4. Alston Elliot South Africa (Proprietary) Limited 68.63% · South Africa · The provision of TV graphics and data services
   5. Ginger Bidco Limited 100% · United Kingdom · Holding company
   6. AE.Live US Inc 100% · United States · The provision of TV graphics and data services
   7. AE.Live Singapore Private Limited 100% · Singapore · The provision of TV graphics and data services
   8. Namadgi Systems (Pty) Limited 100% · Australia · The provision of TV graphics and data services
   9. Namadgi New Zealand Limited 100% · New Zealand · The provision of TV graphics and data services
   10. AE.Live Malaysia SDN BHD 100% · Malaysia · The provision of TV graphics and data services
   11. Silver Spoon Animation Inc 100% · USA · The provision of TV graphics and data services

Significant events

• “However, the group is nearing the end of its private equity life cycle and, should a sale occur in the future, it is expected that only Alston Elliot Limited and its subsidiaries would be included in any transaction.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  —

  Not reported

• Net assets

  -44%

  -£7,067,814 → -£10,179,732

• Employees

  0%

  4 → 4

• Operating profit

  +54.2%

  -£19,101 → -£8,752

• Profit before tax

  -44.1%

  -£2,158,906 → -£3,111,918

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