CARMOOLA GROUP LIMITED

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-11-30.

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

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Carmoola enjoys excellent relationships with its investor base and recently completed a £15M equity round in early 2025. This cash will support the existing debt facilities we have in place and enable us to continue scaling our customer base. While the formal documentation of the new facility is not yet complete, the directors are confident, based on the advanced stage of negotiations and written confirmation from the lender of their intent to conclude, that the facility will be executed in the coming weeks. The directors have also prepared cash flow forecasts which demonstrate that the Company will be able to continue to meet its obligations as they fall due, even in the event of any unforeseen delay in the conclusion of the new facility. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. CARMOOLA GROUP LIMITED · parent
   1. Carmoola Midco Limited 100% · UK
   2. Carmoola Corporate Services Limited 100% · UK
   3. Carmoola Limited 100% · UK
   4. Carmoola Funding 1 Limited 100% · UK
   5. Moola Asset Management Limited 100% · UK
   6. Carmoola Funding 2 Limited 100% · UK

Significant events

• “Post year end funding activities include the issuance of Series A-5 preferred shares raising £15M in February 2025.”
• “On 25 October 2024, the Court of Appeal handed down judgment in the cases of Hopcraft, Wrench and Johnson, establishing a common law requirement for enhanced commission disclosure, beyond existing FCA regulatory requirements. The Supreme Court heard the appeal in these cases between 1-3 April 2025, and judgment is awaited.”

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

1

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

  —

  Not reported

• Cash

  +336.4%

  £1,891,359 → £8,254,582

• Net assets

  +664.5%

  £1,691,981 → £12,934,531

• Employees

  -50%

  8 → 4

• Wages

  -47.6%

  £339,813 → £177,949

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers