Companies at this level ended the following year delisted, bankrupt, restated or silent 9.2% of the time, against 4.0% for companies with a clean record.
Hover or tap a dot to see the filings behind that score.
TCW Direct Lending LLC (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). The Company will not, without unreasonable effort and expense, be able to file the Form 10-K within the prescribed time period due to certain delays in receiving audited financial statements necessary to adequately complete and finalize the financial statements for the fiscal year December 31, 2025. There is a delay in the receipt of audited financial statements from an underlying portfolio company in which the Company has investments (the “Portfolio Company”). The Portfolio Company constitutes a “significant subsidiary” within the meaning of Rule 1-02(w) of Regulation S-X (17 C.F.R. § 210.1-02(w)). The Company is, therefore, required to include summarized financial information required by Rule 4-08(g) of Regulation S-X (17 C.F.R. § 210.4-08(g)) in the notes to its audited financial statements included in the Form 10-K. However, the Company is unable to provide that summarized financial information required by Rule 4-08(g) in the Form 10-K until it receives the audited financial statements of the Portfolio Company. As a result of the developments described in the preceding paragraph, the Company is unable to complete its own audit on a timely basis in order to timely file the Form 10-K without unreasonable effort or expense. Nevertheless, the Company has dedicated significant resources to completing the Form 10-K and is working diligently to obtain the necessary information in order to file the Form 10-K as soon as practicable within the 15th calendar day following the prescribed due date
NT 10-K, filed 2026-03-31 · accounts not ready
TCW Direct Lending LLC (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). The Company will not, without unreasonable effort and expense, be able to file the Form 10-K within the prescribed time period due to certain delays in receiving audited financial statements necessary to adequately complete and finalize the financial statements for the fiscal year December 31, 2025. There is a delay in the receipt of audited financial statements from an underlying portfolio company in which the Company has investments (the “Portfolio Company”). The Portfolio Company constitutes a “significant subsidiary” within the meaning of Rule 1-02(w) of Regulation S-X (17 C.F.R. § 210.1-02(w)). The Company is, therefore, required to include summarized financial information required by Rule 4-08(g) of Regulation S-X (17 C.F.R. § 210.4-08(g)) in the notes to its audited financial statements included in the Form 10-K. However, the Company is unable to provide that summarized financial information required by Rule 4-08(g) in the Form 10-K until it receives the audited financial statements of the Portfolio Company. As a result of the developments described in the preceding paragraph, the Company is unable to complete its own audit on a timely basis in order to timely file the Form 10-K without unreasonable effort or expense. Nevertheless, the Company has dedicated significant resources to completing the Form 10-K and is working diligently to obtain the necessary information in order to file the Form 10-K as soon as practicable within the 15th calendar day following the prescribed due date
TCW Direct Lending LLC (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”). The Company will not, without unreasonable effort and expense, be able to file the Form 10-K within the prescribed time period due to certain delays in receiving audited financial statements necessary to adequately complete and finalize the financial statements for the fiscal year December 31, 2022. There is a delay in the receipt of audited financial statements from an underlying portfolio company in which the Company has investments (the “Portfolio Company”). The Portfolio Company constitutes a “significant subsidiary” within the meaning of Rule 1-02(w) of Regulation S-X (17 C.F.R. § 210.1-02(w)). The Company is, therefore, required to include summarized financial information required by Rule 4-08(g) of Regulation S-X (17 C.F.R. § 210.4-08(g)) in the notes to its audited financial statements included in the Form 10-K. However, the Company is unable to provide that summarized financial information required by Rule 4-08(g) in the Form 10-K until it receives the audited financial statements of the Portfolio Company. As a result of the developments described in the preceding paragraph, the Company is unable to complete its own audit on a timely basis in order to timely file the Form 10-K without unreasonable effort or expense. Nevertheless, the Company has dedicated significant resources to completing the Form 10-K and is working diligently to obtain the necessary information in order to file the Form 10-K as soon as practicable within the 15 th calendar day following the prescribed due date
reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.
Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.
See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.Every item above is a filing this company
made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not
investment advice