PENTLAND HOMES LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +58.7%

  £20,933,398 → £33,225,239

• Cash

  -62.5%

  £1,916,290 → £719,467

  lowest in 7 filed years

• Net assets

  +6.7%

  £26,499,050 → £28,276,436

• Employees

  +2.7%

  37 → 38

• Operating profit

  +228.9%

  -£1,962,777 → £2,529,512

  first positive since 2024

• Profit before tax

  +148.1%

  -£2,831,645 → £1,360,967

  first positive since 2024

• Wages

  -9.7%

  £2,917,102 → £2,634,049

  lowest in 6 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. PENTLAND HOMES LIMITED 1997-06-30 → present
2. TORBEAU DEVELOPMENTS LIMITED 1971-11-18 → 1997-06-30

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Kreston Reeves LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has considerable financial resources and access to further funding, and the directors consider that the company is in a strong position to manage its business risks and to take advantage of the market conditions in the house building industry. Consequently they continue to adopt the going concern basis in preparing the annual report and accounts.”

Significant events

• “There has been a significant upturn in profitability in the year as three new sites delivered their first completions. These sites have previously been held up for a considerable time in the planning system.”
• “The housing market has continued to be slow due a lack of consumer confidence caused by the wider economic backdrop, high interest rates and the Ukraine conflict. Despite this our sales rate continues to be better than our Southeast peer group.”
• “We have commenced construction on 2 new developments in Sittingbourne (115 units) and Lyminge (42 units) with plans to start a further 2 developments in 2025 (126 units).”
• “Borrowings increased to £14m (£12m 2024) in the year to fund the increased building activity.”
• “Our land bank with associated companies totals 2,821 units.”
• “Despite the slow housing market, the Directors are forecasting a further increase in profitability in 2026. The business is exploring Partnership opportunities with housing associations as a way of diversifying and bringing steadier cashflow streams.”
• “There have been a number of internal promotions in the year demonstrating the importance the business attaches to staff retention and development.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.