PARVUS ENERGY EFFICIENCY TRUST PLC

• ⚠

  Material uncertainty over going concern

  Accordingly, while the Directors recognise that these conditions indicate the existence of material uncertainty which may cast significant doubt about the Group and Company's ability to continue as a going concern, based on the assessment and considerations above, the Directors have concluded that the financial statements of the Group and the Company should be prepared on a going concern basis. Neither the Group nor the Company financial statements include any potential costs of liquidation and the financial statements do not include the other adjustments that would result if the Group and the Company were unable to continue as a going concern.

1. PARVUS ENERGY EFFICIENCY TRUST PLC 2026-04-17 → present
2. AQUILA ENERGY EFFICIENCY TRUST PLC 2021-04-09 → 2026-04-17

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

IFRS

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Accordingly, while the Directors recognise that these conditions indicate the existence of material uncertainty which may cast significant doubt about the Group and Company's ability to continue as a going concern, based on the assessment and considerations above, the Directors have concluded that the financial statements of the Group and the Company should be prepared on a going concern basis. Neither the Group nor the Company financial statements include any potential costs of liquidation and the financial statements do not include the other adjustments that would result if the Group and the Company were unable to continue as a going concern.”

Group structure

1. PARVUS ENERGY EFFICIENCY TRUST PLC · parent
   1. Attika Holdings Limited 100% · United Kingdom · HoldCo Subsidiary entity, which owns underlying investments
   2. Compartment 2 of SPV Project 2013 S.r.l. 100% · Italy · Special purpose entity, which owns underlying investments

Significant events

• “In January and February 2025, the Company received £0.5 million and £7.0 million from a quarterly contractual payment and full repayment, respectively, of the Bio-LNG investment in Germany.”
• “In February and March 2025, three of the five Superbonus investments were largely repaid realising proceeds of £16.3 million.”
• “The Board of Directors has declared a special interim dividend of 36.837 pence per Ordinary Share in respect of the first six months of the financial year ending 31 December 2025 payable on 30 May 2025 to Shareholders on the register on 9 May 2025. The ex-dividend date is 8 May 2025.”

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

Filings

4

last 12 months

Capital events

2

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

  -50.4%

  £29,082,000 → £14,417,000

• Net assets

  -26.1%

  £94,281,000 → £69,667,000

• Employees

  —

  Not reported

• Profit before tax

  -766.8%

  £304,000 → -£2,027,000

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