NEW MOUNTAIN CAPITAL (U.K.) LTD.

Company Registration Number:
10783891 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

New Mountain Capital (U.K.) Ltd. is primarily engaged in the business of providing business development and investor relation services.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Ignacio Sarria
Adam B. Weinstein
David C. Coquillette


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 April 2024

And signed on behalf of the board by:
Name: Adam B. Weinstein
Status: Director

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 5,901,000 4,589,839
Cost of sales: 0 0
Gross profit(or loss): 5,901,000 4,589,839
Distribution costs: 0 0
Administrative expenses: ( 5,480,082 ) ( 4,227,856 )
Other operating income: 2,047 244
Operating profit(or loss): 422,965 362,227
Profit(or loss) before tax: 422,965 362,227
Tax: ( 107,982 ) ( 70,613 )
Profit(or loss) for the financial year: 314,983 291,614

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,664 2,774
Investments:   0 0
Total fixed assets: 1,664 2,774
Current assets
Stocks:   0 0
Debtors: 4 681,921 597,630
Cash at bank and in hand: 1,223,786 948,178
Investments:   0 0
Total current assets: 1,905,707 1,545,808
Prepayments and accrued income: 263,720 214,270
Creditors: amounts falling due within one year: 5 ( 292,977 ) ( 199,721 )
Net current assets (liabilities): 1,876,450 1,560,357
Total assets less current liabilities: 1,878,114 1,563,131
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,878,114 1,563,131
Capital and reserves
Called up share capital: 500,000 500,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 1,378,114 1,063,131
Total Shareholders' funds: 1,878,114 1,563,131

The notes form part of these financial statements

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 April 2024
and signed on behalf of the board by:

Name: Adam B. Weinstein
Status: Director

The notes form part of these financial statements

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover relates to business development and investor relation services provided to NMC in accordance with the service agreement effective 5 March 2021. Turnover is recorded on an accruals basis and excludes VAT.

    Tangible fixed assets depreciation policy

    Fixed assets consist of tangible assets such as equipment and furniture and fixtures and are recorded at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets which range from 3 to 5 years.

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 3

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 5,548 5,548
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 5,548 5,548
Depreciation
At 1 January 2023 2,774 2,774
Charge for year 1,110 1,110
On disposals
Other adjustments
At 31 December 2023 3,884 3,884
Net book value
At 31 December 2023 1,664 1,664
At 31 December 2022 2,774 2,774

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Prepayments and accrued income 662,387 577,654
Other debtors 19,534 19,976
Total 681,921 597,630

NEW MOUNTAIN CAPITAL (U.K.) LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 132,494 103,185
Taxation and social security 69,019 48,400
Accruals and deferred income 69,244 23,686
Other creditors 22,220 24,450
Total 292,977 199,721