PITON CAPITAL LLP

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Members continuously monitor the capital resources of the LLP and take appropriate action as required. The Members have performed a going concern assessment of the LLP, using the information available to the date of these financial statements. Given the fixed nature of the management fee revenue, the LLP's going concern is reliant upon the Limited Partners of the underlying Funds meeting their obligations laid out in the governing Limited Partnership Agreements. The LLP has assessed the committed funds remaining for capital calls and the likelihood of the underlying Limited Partners defaulting on capital calls being executed. The LLP has also considered the liquidity and capital positions of the LLP and the underlying funds from which its revenue is derived from. The LLP has determined that the capital positions of the underlying funds, the remaining amounts committed by the Limited Partners and the stages of potential realisations provide suitable financial resource. Therefore, the Members believe the regulatory capital requirements will continue to be met and the LLP has sufficient liquidity to meet its liabilities for the next 12 months, based on the analysis performed. On this basis, the Members have a reasonable expectation that the LLP will be able to continue in operational existence for the foreseeable future and therefore they continue to adopt the going concern basis of accounting in preparing the Members' Report and annual financial statements.”

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

Filings

8

last 12 months

Capital events

0

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

  -9.4%

  £2,271,349 → £2,056,911

• Cash

  +20.1%

  £495,725 → £595,603

• Net assets

  +14.5%

  £3,262,911 → £3,734,820

• Employees

  +66.7%

  3 → 5

• Operating profit

  -103.8%

  £225,057 → -£8,610

• Profit before tax

  -101.9%

  £225,678 → -£4,342

• Wages

  +69.7%

  £439,806 → £746,433

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