ABINGWORTH GENERAL PARTNER VI LLP

• ⚠

  Material uncertainty over going concern

  The partnership is the General Partner of Abingworth Bioventures VI GP LP, the life of which came to an end on 14 September 2023 with the lives of the underlying Funds: Abingworth Bioventures VI LP. The Partnership will cease to operate when the underlying fund's liquidation is complete. The Managing Member has prepared the financial statements on a basis other than going concern.

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

Ernst and Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The partnership is the General Partner of Abingworth Bioventures VI GP LP, the life of which came to an end on 14 September 2023 with the lives of the underlying Funds: Abingworth Bioventures VI LP. The Partnership will cease to operate when the underlying fund's liquidation is complete. The Managing Member has prepared the financial statements on a basis other than going concern.”

Group structure

1. ABINGWORTH GENERAL PARTNER VI LLP · parent
   1. Abingworth Bioventures VI GP LP · Scotland
   2. Abingworth Bioventures VI LP · UK

Significant events

• “Abingworth Bioventures VI LP's initial ten-year life ended in September 2022. Its life was extended in accordance with the Limited Partnership Agreement until 14 September 2023 and no further extension was sought after this date.”

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

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

  -100%

  £1,094,892 → £0

• Cash

  -1.7%

  £98,603 → £96,885

• Net assets

  -46.5%

  £63,062 → £33,725

• Employees

  0%

  2 → 2

• Operating profit

  -145.8%

  -£12,072 → -£29,677

• Profit before tax

  -143%

  -£12,072 → -£29,337

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