AVIVA INVESTORS GR SPV17 LIMITED

• ⚠

  Material uncertainty over going concern

  After applying discounts of £1.5m (2023: £1.0m), the independent valuer has also applied two material valuation uncertainty clauses ('MVUs') to the Company's investment property. For the year ended 31 December 2024, £3.5m (2023: £5.6m) of the investment property balance was subject to the leasehold reform MVU with £3.5m (2023: £3.5m) of the investment property being subject to the building safety MVU as well.

• ◆

  Audit opinion: Disclaimer of opinion

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

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

  -2.1%

  £277,980 → £272,031

• Cash

  —

  Not reported

• Net assets

  -140.7%

  -£1,525,864 → -£3,672,268

• Employees

  —

  Not reported

• Operating profit

  -491.3%

  -£314,250 → -£1,858,316

  lowest in 5 filed years

• Profit before tax

  -266%

  -£580,775 → -£2,125,571

  lowest in 5 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. 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

“After applying discounts of £1.5m (2023: £1.0m), the independent valuer has also applied two material valuation uncertainty clauses ('MVUs') to the Company's investment property. For the year ended 31 December 2024, £3.5m (2023: £5.6m) of the investment property balance was subject to the leasehold reform MVU with £3.5m (2023: £3.5m) of the investment property being subject to the building safety MVU as well.”

Group structure

1. AVIVA INVESTORS GR SPV17 LIMITED · parent
   1. Aviva Investors REALM Ground Rent Unit Trust
   2. Aviva Investors REALM Ground Rent Limited Partnership
   3. Aviva Investors Ground Rent HoldCo Limited
   4. Aviva Investors GR SPV1 Limited
   5. Aviva Investors GR SPV3 Limited
   6. Aviva Investors GR SPV 4 Limited
   7. Aviva Investors GR SPV 5 Limited
   8. Aviva Investors GR SPV 6 Limited
   9. Aviva Investors GR SPV 7 Limited
   10. Aviva Investors GR SPV 8 Limited
   11. Aviva Investors GR SPV 9 Limited
   12. Aviva Investors GR SPV 10 Limited
   13. Aviva Investors GR SPV 11 Limited
   14. Aviva Investors GR SPV 12 Limited
   15. Aviva Investors GR SPV 13 Limited
   16. Aviva Investors GR SPV 14 Limited
   17. Aviva Investors GR SPV 15 Limited
   18. Aviva Investors GR SPV16 Limited
   19. Aviva Investors GR SPV17 Limited

Significant events

• “Material Valuation Uncertainty: After applying discounts of £1.5m... the independent valuer has also applied two material valuation uncertainty clauses ('MVUs') to the Company's investment property.”
• “Regulatory Updates: Both the incumbent Government at the start of the year and the new Labour Government continued to develop and implement their Leasehold Reform and Building Safety policies into regulations and legislation throughout 2024.”
• “Building Safety legislation: During 2024 the Company continued to progress its building safety programme to meet its responsibilities and obligations under the Building Safety Act 2022...”
• “Government's Remediation Acceleration Plan: On 2 December 2024, Government published its Remediation Acceleration Plan.”
• “Leasehold Reform: Following the release of the Leasehold and Freehold Reform Bill...”
• “Insurance Commission: The first, entitled 'Permitted insurance fees for landlords, freeholders and property managing agents' was published on the 2 December, with responses required by the 24 February 2025.”
• “Leasehold and Commonhold Reform Bill 'LCR Bill': On the 19 March 2025 MHCLG published its policy paper 'Commonhold White Paper'...”
• “Enfranchisement Valuation Consultation: The consultation into enfranchisement valuation is anticipated in the Spring of 2025.”

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.