CRD IV disclosure

Capital adequacy

Article 89 of the EU Directive 2013/36/EU otherwise known as the Capital Requirements Directive IV ('CRD IV') requires Permira Credit Holdings Limited to report annually the following information for the year ended 31 December 2020:

(a) Name(s), nature of activities and geographical location;

(b) Turnover;

(c) Number of employees on a full time equivalent basis.

(d) Profit or loss before tax

(e) Corporation tax paid; and

(f) Public subsidies received.

Permira Credit Holdings Limited has one direct subsidiary undertaking, Permira Credit Limited. Under Regulation 4(1) Permira Credit Limited has chosen to avail itself of the exemption to satisfy its requirements of CRD IV reporting through its parent company Permira Credit Holdings Limited, who has published the required information for all undertakings in the group. As such, the information supplied to comply with the above disclosures is made on a consolidated basis:

 

Year ended 31 December 2020  
Nature of activities The main activity of the institutions is to act as an investment sub-manager, adviser and sub-adviser to certain debt investment vehicles.
Geographical Location United Kingdom
Entities Permira Credit Holdings Ltd.
Permira Credit Ltd.

 

  Jusrisdiction
   United Kingdom  Group Total
Number of employees 54 54
Turnover (£000) 31,703 31,703
Profit (or loss) before tax (£000) 6,113 6,113
Cash tax (paid)/reclaimed on profit or loss (£000) (1,255) (1,255)
Public subsidies received (£000) - -

 

PWC report (PDF file)