VILLA BIDCO LIMITED

1. VILLA BIDCO LIMITED 2021-02-02 → present
2. C REPUBLIC TOPCO LIMITED 2020-12-17 → 2021-02-02

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared detailed profit and loss and cash flow forecasts for the period to 31 July 2026 for Villa Topco Limited and its subsidiaries (the Group), considering reasonably foreseeable assumptions around trading circumstances and including various "downside" scenarios. At the time of approving these financial statements there remains uncertainty in broader market conditions and interest rates remain high, which increases the uncertainty of delivering the Group's forecasts. The current forecasts indicate a covenant breach in FY26, due to the impact of higher cash interest payments and the Group is currently renegotiating its debt covenants with its lenders... Our majority investor, Accel-KKR, has provided written confirmation of our agreement in principle that they will provide up to $30.0m to support the Group's growth initiatives, assist with strengthening the Group's balance sheet and facilitate covenant compliance for at least 12 months from the date of signature of these financial statements... Therefore, the Board has adopted the going concern basis in preparing these financial statements.”

Group structure

1. VILLA BIDCO LIMITED · parent
   1. Kimble Applications Limited 100% · UK · Sales, marketing and implementation of software
   2. Kimble Applications Inc 100% · USA · Sales, marketing and implementation of software

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

Filings

2

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.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -1.7%

  £86,896,403 → £85,399,527

• Employees

  0%

  1 → 1

• Profit before tax

  +15.4%

  -£1,769,214 → -£1,496,875

• Wages

  -48.1%

  £77,514 → £40,200

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