SAGER HOUSE (ALMEIDA) LIMITED

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

  -55.8%

  £14,212,967 → £6,282,630

• Cash

  -54.9%

  £1,638,939 → £738,857

• Net assets

  -24.2%

  -£72,174,168 → -£89,664,166

• Employees

  —

  Not reported

• Operating profit

  -1,012.6%

  £85,905 → -£783,990

• Profit before tax

  +55.5%

  -£39,294,893 → -£17,489,998

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. SAGER HOUSE (ALMEIDA) LIMITED 2003-11-18 → present
2. SAGER HOUSE (ALMEIDA SQUARE) LIMITED 2003-04-10 → 2003-11-18
3. SAGER HOUSE (WESTON-SUPER-MARE) LIMITED 2002-04-05 → 2003-04-10
4. SAGER HOUSE (BARNSBURY) LIMITED 2001-06-14 → 2002-04-05
5. SPRING GROVE SUPPORT LIMITED 2001-03-12 → 2001-06-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have received written confirmation from the parent undertaking confirming its intention to provide financial support to the Company throughout the going concern period which would therefore include the £5.5m loan repayment if necessary. The Directors have evaluated the financial position and forecast performance of the parent undertaking and are satisfied it possesses the necessary resources and intent to provide such support. The Directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period up until 31 October 2026 being the going concern period and therefore considers it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. SAGER HOUSE (ALMEIDA) LIMITED · parent
   1. SHAL (Freehold) Limited 100% · England, W1G 0AY · Real Estate
   2. SHAL (Nominee) Limited 100% · England, W1G 0AY · Real Estate
   3. SHAL (Residential) Limited 100% · England, W1G 0AY · Dormant

Significant events

• “On 30 June 2025, the shareholder loan and accrued interest (totaling £129.3million as at 31 December 2024) was fully settled through the issuance of one £1 ordinary share, with the remaining balance credited to the share premium account.”
• “The Company breached a loan covenant in July 2025 in respect of the Loan to Value. The lender has granted a three-month waiver subject to a repayment of £5.5m in December 2025 that is anticipated to bring the covenants back into compliance.”

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

Filings

8

last 12 months

Capital events

5

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.