MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE LIMITED

• ⚠

  Material uncertainty over going concern

  The directors do not expect the Company to trade in the future and it is expected that the Company will be wound up in an orderly manner in due course. Accordingly, these financial statements have been prepared on a wind up basis. The Company's assets and liabilities are classified as current. All assets are stated at their recoverable amounts. At 31 March 2025, the company is in a net liability position. Notwithstanding the Directors intention to have it stricken from the Company registrar; the Directors are satisfied that the company has adequate resources to meet its obligations as they fall due. DCC Financial Services Ireland Unlimited Company, the entity's parent, has confirmed to the directors that it will continue to provide financial support to the company to allow it to meet its liabilities as they fall due.

1. MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) TRADING AS EXERTIS MSE LIMITED 2014-02-12 → present
2. MULTICHANNEL SOLUTIONS FOR ENTERTAINMENT (MSE) LIMITED 2010-10-28 → 2014-02-12
3. V.H.S. DISTRIBUTION LTD 1996-12-11 → 2010-10-28
4. VIDEO HIRE STORE LIMITED 1989-04-14 → 1996-12-11

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

KPMG

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors do not expect the Company to trade in the future and it is expected that the Company will be wound up in an orderly manner in due course. Accordingly, these financial statements have been prepared on a wind up basis. The Company's assets and liabilities are classified as current. All assets are stated at their recoverable amounts. At 31 March 2025, the company is in a net liability position. Notwithstanding the Directors intention to have it stricken from the Company registrar; the Directors are satisfied that the company has adequate resources to meet its obligations as they fall due. DCC Financial Services Ireland Unlimited Company, the entity's parent, has confirmed to the directors that it will continue to provide financial support to the company to allow it to meet its liabilities as they fall due.”

Significant events

• “There were no significant post balance sheet events that would require adjustment to, or disclosure in, the Company's financial statements.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

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

  0%

  -£4,103,457 → -£4,102,063

• Employees

  —

  Not reported

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