FORSEVEN LIMITED

1. FORSEVEN LIMITED 2022-11-28 → present
2. T47 LTD 2022-03-16 → 2022-11-28

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 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received a letter of support from CYVN Holdings LLC, the ultimate parent company, confirming it will continue to provide the necessary financial support to the Company for a period of at least 12 months from the date of signing these financial statements, as it may require. As such, the directors continue to adopt the going concern basis of accounting.”

Significant events

• “On 2 April 2025, the holding company changed its name to McLaren Group Holdings Limited and made a strategic acquisition of 100% of McLaren Automotive Holdings Limited and 40% of McLaren Group Limited (which owns 70.75% of McLaren Racing Limited).”
• “In September 2025, the Company issued 2,275,313 ordinary shares of £1.00 each at a premium of £7.79 per share, raising £20,000,000.”
• “The Board of Directors approved a capital reduction whereby the nominal value of each ordinary share was reduced from £1.00 to £0.00000005, and cancelling the amount standing to the credit of the share premium account.”
• “The Company entered into a binding agreement to transfer its assets and operations to McLaren Automotive Ltd, a company also under the ownership of McLaren Group Holdings.”

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

Filings

10

last 12 months

Capital events

3

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

  +35.1%

  £4,457,417 → £6,023,478

• Net assets

  -37%

  £122,888,412 → £77,383,947

• Employees

  +376.8%

  56 → 267

• Operating profit

  -36%

  -£33,156,106 → -£45,106,912

• Profit before tax

  -38.5%

  -£32,808,886 → -£45,453,284

• Wages

  +447.5%

  £4,595,185 → £25,160,706

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