AVIVA INVESTORS GR SPV17 LIMITED

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  Material uncertainty over going concern

  At the balance sheet date the Company had net current liabilities of £7,251,105 (2024: £7,187,268). This is driven by the intercompany borrowings with the parent of £5,922,774 (2024: £5,922,774) and other creditor balances. The Directors have received confirmation via separate letters of support that Aviva Investors REALM Ground Rent Limited Partnership intends to support the Company to enable it to meet its obligations as they fall due and Aviva Investors Ground Rent Holdco Limited will not seek repayment of part or all of the amount owed by this Company, where to do so would place this Company in an insolvent position.

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  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

• ·

  Going-concern uncertainty disclosed

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  Negative shareholders' funds

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. 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. AVIVA INVESTORS GR SPV17 LIMITED 2017-07-27 → present
2. CITYSTYLE LIMITED 2002-08-02 → 2017-07-27
3. SANDCO 748 LIMITED 2002-05-17 → 2002-08-02

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“At the balance sheet date the Company had net current liabilities of £7,251,105 (2024: £7,187,268). This is driven by the intercompany borrowings with the parent of £5,922,774 (2024: £5,922,774) and other creditor balances. The Directors have received confirmation via separate letters of support that Aviva Investors REALM Ground Rent Limited Partnership intends to support the Company to enable it to meet its obligations as they fall due and Aviva Investors Ground Rent Holdco Limited will not seek repayment of part or all of the amount owed by this Company, where to do so would place this Company in an insolvent position.”

Significant events

• “During 2025, progress on Labour Government's Leasehold Reform and Building Safety policies stalled, with two anticipated Bills postponed until 2026.”
• “In July 2025, MHCLG updated the Remediation Acceleration Plan to speed up building safety remediation and provide greater certainty to affected residents.”
• “The Leasehold and Freehold Reform Act 2024 was passed and received Royal Assent on Friday 24 May 2024.”
• “On 27 January 2026, the Government announced reforms to residential leasehold system, including a draft Commonhold and Leasehold Reform Bill (CLRB) capping existing ground rents at £250 per annum.”
• “Directors are in discussions with Aviva Investors Ground Rent HoldCo Limited regarding a proposed conversion of an outstanding loan balance of £5,922,774 into equity by way of a debt-for-equity swap.”

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.