UK Companies House feature
PIERPONT BTL 2023-1 PLC
Profile
- Company number
- 14729941
- Status
- Active
- Incorporation
- 2023-03-14
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64999
- Hubs
- UK Fintech
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, the directors believe there to be a material uncertainty over the going concern of the Company due to the impact of the optional redemption date and Call Option (as defined in the transaction documents). This is because on or after 21 September 2026 the person or an entity representing the person (or persons in aggregate) who is the holder of more than 50 per cent of the Certificates (the "Option Holder") may exercise the Call Option. The exercise of this option is not within the control of the Company. If the Call Option is exercised, the Company would be required to sell and transfer the Mortgage Loans to the Option Holder at the Optional Purchase Price (as defined in the transaction documents). The Notes would then be paid off using the proceeds of the sale of the Mortgage Loans and the Company would cease trading. However, if this option is not exercised, the directors have no intention to cease trading and there is a reasonable expectation that the Company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. Although there is no legal obligation or confirmed intention to exercise the Call Option at this stage, the directors currently consider there to be an equal likelihood of the option being exercised and of it not being exercised. Consequently, the directors are of the opinion that this indicates the existence of a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern.”
Significant events
- “There have been no significant events affecting the Company since year end.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CSC CORPORATE SERVICES (UK) LIMITED | Corporate Secretary | 2023-03-14 | — | — |
| PARSALL, Debra Amy | Director | 2023-03-14 | Oct 1981 | British |
| CSC DIRECTORS (NO.1) LIMITED | Corporate Director | 2023-03-14 | — | — |
| CSC DIRECTORS (NO.2) LIMITED | Corporate Director | 2023-03-14 | — | — |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pierpont Btl 2023-1 Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-14 | Active |
Filing timeline
Last 12 of 12 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-07-23 | AA | accounts | accounts with accounts type full |
| 2025-06-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-06-17 | AA | accounts | accounts with accounts type full |
| 2024-06-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-06-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-06-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-25 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-05-15 | SH01 | capital | capital allotment shares |
| 2023-04-24 | AA01 | accounts | change account reference date company current shortened |
| 2023-04-12 | CERT8A | incorporation | legacy |
| 2023-04-12 | SH50 | reregistration | application trading certificate |
| 2023-03-14 | NEWINC | incorporation | incorporation company |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory