AVONDUUR CAPITAL LIMITED

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the Company's projected profit and have a reasonable expectation that the Company has adequate resources to continue for the foreseeable future The Company therefore continues to adopt the going concern basis. Based on the work we have performed, we have not identified any maternal uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the accounts are authorised for issue.”

Group structure

1. AVONDUUR CAPITAL LIMITED · parent
   1. Innisfree Coinvestments Limited · holds carried interest and direct participations in the Funds
   2. Innisfree Group Limited · holding company for a group of companies performing fund management activities
   3. Innisfree Funds (various LPs) · long term income funds investing in UK, European and Canadian PFI/PPP projects

Significant events

• “Since the inauguration of Donald Trump as President of the US on 20 January 2025 his government has imposed a series of escalating tariffs on goods and services from a large number of countries.”
• “Russia's invasion of Ukraine on 24 February 2022 triggered coordinated implementation of sanctions against Russia, Belarus and certain of their entities and nationals.”
• “In April 2025 the Company received income and paid dividends as described in note 19.”
• “The Company received £1,008,740 on 8 April 2025 from its carried interests.”
• “The Company received a dividend of £1,087,574 from Innisfree Coinvestments Limited on 10 April 2025.”
• “On 10 April 2025 the Company declared and paid an interim dividend of £225 per share, amounting to £2,250,000.”

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

1

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

  -0.9%

  £4,608,878 → £4,566,423

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  -0.9%

  £4,551,167 → £4,508,739

• Profit before tax

  -76%

  £1,664,816 → £399,950

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