TRAEGER PELLET GRILLS UK LTD

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

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements show a net current liability position at the balance sheet date. The directors have considered forecasts for the company. Traeger, Inc., the ultimate parent company, has indicated its intention to make available such funds, as may be needed, in the event that the company is for some reason unable to meet its liabilities, including the payment of intercompany payables and borrowings, as they fall due in the going concern period. As a result, the directors have obtained a letter of support from Traeger, Inc. for the period of 12 months form the date of signing of these accounts. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for a period extending 12 months from the date of the signing of these accounts and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. TRAEGER PELLET GRILLS UK LTD · parent
   1. Apption Labs Limited 100% · England
   2. Apption Labs GmbH 100% · Germany

Significant events

• “In April 2024, the final earn out payment of $15,000,000 was made to the sellers by the company's immediate parent undertaking, Traeger Pellet Grill, LLC, on behalf of the company.”
• “During the year, the company reviewed the carrying value of its investment in its subsidiary, Apption Labs Limited, and determined that an impairment was required. The investment has been written down by $47,364,445 (2024: $Nil).”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

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

  -65.1%

  £53,952,511 → £18,841,729

• Employees

  —

  Not reported

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