BARROWFEN PROPERTIES LIMITED

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  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

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

  —

  Not reported

• Cash

  +13.6%

  £922,910 → £1,048,241

• Net assets

  -0.4%

  £18,747,638 → £18,675,240

• Employees

  0%

  2 → 2

• Operating profit

  -22.9%

  £2,122,879 → £1,636,372

• Profit before tax

  -118.2%

  £527,288 → -£95,757

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Shenward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on the going concern basis as Aumkar Plantations Sdn Bhd a group undertaking, has agreed to provide financial support to the company such that it can continue to trade and meet its liabilities as and when they fall due. This support will continue for a period of at least 12 months from the date of approval of these financial statements. The directors concluded that there are no material uncertainties that could cause significant doubt over the company's ability to continue going concern.”

Significant events

• “The company owns a freehold land property in South West London. As of December 2022, the development of the freehold land and property was completed for residential and commercial letting. Tenants have moved into the residential buildings and commercial units are rented out to commercial businesses, and as a consequence the company was financially profitable in the previous financial year, The company incurred significant development costs on the project.”
• “The company will continue to invest in developing and improving the property and its integral assets”
• “The director believe it is too early to understand full the longer term impact of the brexit and war in Ukraine but the directors believe the compnay is well placed to weather any shorter term impacts of uncertainties.”
• “The company is in litigation with former solicitors and director for rent damages claim and the company appealed against judgement and required to pay 50% cost of former company solicitors. The company and the former solicitors filed applications for the permission to appeal to the Supreme Court. The parties are awaiting for court judgement therefore we are unable to quantify the amount of contingent liability to the company.”

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

Filings

2

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.