Registration of a Charge MRO1 meaning

[M22s]

Is it possible to say what a registration of charge includes and what it means for a company? I know generally they secure capital against assets, but curious about this particular one because of the description copied from the charge:

ALL PRESENT AND FUTURE FREEHOLD OR LEASEHOLD LAND AND ALL
INTELLECTUAL PROPERTY RIGHTS PURSUANT TO CLAUSE 3 OF THE
ACCOMPANYING COPY INSTRUMENT

The charge is as detailed below in case you need to see the full document - it didn’t mean a great deal to me…

26 Nov 2025 Registration of charge 020514600003, created on 20 November 2025 in linked companies house information.

https://find-and-update.company-information.servic...

[JoshSm]

From my quick scan it looks like they've included pretty much anything that could be considered an asset of the business, tangible and intangible, both what exists now but also including anything acquired in the future?

Not sure it's particularly complicated?

[Hill92]

Some context from note 21 to the group financial statements:

Post Balance Sheet events said:

On 5 June 2025 the Group renewed a £20,000,000 revolving credit facility and extended its £10,000,000 Trade Loan facility. These are in addition to the £15,000,000 and £3,000,000 overdraft facilities which existed during the year. All facilities are with UK commercial banks. The revolving credit facility is available for general corporate use and accrues interest at SONIA plus a margin of 3.95%. It is repayable in full in December 2026 and secured by a fixed and floating charge over the Group’s assets. The Trade Loan facility is available for working capital purposes and accrues interest at SONIA plus a margin of 3.50%. It is repayable on demand and secured by a fixed and floating charge over the Group’s assets.

[M22s]

JoshSm said:

From my quick scan it looks like they've included pretty much anything that could be considered an asset of the business, tangible and intangible, both what exists now but also including anything acquired in the future?

Not sure it's particularly complicated?

That was my takeaway but not being familiar with the document, was curious of any other insights it may offer among the legalese.

[M22s]

Hill92 said:

Some context from note 21 to the group financial statements:

Post Balance Sheet events said:

On 5 June 2025 the Group renewed a £20,000,000 revolving credit facility and extended its £10,000,000 Trade Loan facility. These are in addition to the £15,000,000 and £3,000,000 overdraft facilities which existed during the year. All facilities are with UK commercial banks. The revolving credit facility is available for general corporate use and accrues interest at SONIA plus a margin of 3.95%. It is repayable in full in December 2026 and secured by a fixed and floating charge over the Group s assets. The Trade Loan facility is available for working capital purposes and accrues interest at SONIA plus a margin of 3.50%. It is repayable on demand and secured by a fixed and floating charge over the Group s assets.

Ah - I hadn’t picked up on this….. interesting spot (to me).