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Registered number: 15272463










PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED










FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED
REGISTERED NUMBER: 15272463

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Investments
 4 
25,034,564

Current assets
  

Debtors: amounts falling due after more than one year
 5 
1,546,495

Total assets less current liabilities
  
 
 
26,581,059

Creditors: amounts falling due after more than one year
  
(9,688,868)

  

Net assets
  
16,892,191


Capital and reserves
  

Called up share capital 
 8 
179

Share premium account
  
17,886,480

Profit and loss account
  
(994,468)

  
16,892,191


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 August 2025.




R Bezewada
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Predictis Property Management System Holdco Limited is a private company, limited by shares, and is incorporated in England and Wales (registered number: 15272463). The registered office address is Cedar House, 63 Napier Street, Sheffield, South Yorkshire, United Kingdom, S11 8HA. The principal activity for the Company in the year is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company holds significant liabilities due to loans undertaken as part of the acquisition of Uplisting Limited, both with the wider AirDNA Group ('the Group') and with the sellers of Uplisting Limited ('the Sellers'). The Company has received assurances from the Group that a demand for repayment of these intercompany balances will only be made if the Company has sufficient available resources to make the payment without prejudicing the ability of the Company to make other payments as and when they fall due. Amounts due to the Sellers fall due for payment in 2027.
As a result of these assurances, and following the preparation of profit and cash flow forecasts for at least the period to 31 December 2025, the directors have concluded that it is appropriate to prepare the financial statements on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


3.


Employees




The average monthly number of employees, including directors, during the period was 3.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


Additions
25,034,564



At 31 December 2024
25,034,564





5.


Debtors

2024
£

Due after more than one year

Amounts owed by group undertakings
1,266,495

Other debtors
280,000

1,546,495


Page 3

 
PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due after more than one year

2024
£

Other loans
4,514,465

Amounts owed to group undertakings
5,174,403

9,688,868


Included in other loans is £4,000,000 loan due to the previous shareholders of Uplisting Limited, after the Company acquired Uplisting Limited in November 2023. This loan is unsecured and interest is charged at 11.6% per annum. The loan is repayable in November 2027. 


7.


Loans


Analysis of the maturity of loans is given below:


2024
£



Amounts falling due 2-5 years

Other loans
4,514,465




8.


Share capital

2024
£
Allotted, called up and fully paid


17,888 Ordinary shares of £0.01 each
179


During the year, 17,888 ordinary shares of £0.01 each were issued for total consideration of £17,886,659.


9.


Controlling party

The immediate parent company is AirDNA, LLC, a company incorporated in Denver, United States of America. 
The ultimate parent company is Predictis Holdings I, LLC, a partnership incorporated in Delaware, United States of America. These financial statements are the largest and smallest group of undertakings for which group accounts have been drawn up. Its registered office address is 1209 Orange St, Wilmington, New Castle, Delaware, 19801, USA.

Page 4

 
PREDICTIS PROPERTY MANAGEMENT SYSTEM HOLDCO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

10.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 5 August 2025 by Andrew Irvine (Senior Statutory Auditor) on behalf of Shorts.

 
Page 5