HURSTWOOD HOLDINGS 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

  -0.3%

  £17,968,268 → £17,916,822

• Cash

  +35.4%

  £1,509,049 → £2,043,425

  highest in 3 filed years

• Net assets

  +8.4%

  £24,897,035 → £26,991,142

  highest in 3 filed years

• Employees

  -2.1%

  48 → 47

• Operating profit

  +5%

  £2,540,126 → £2,666,144

• Profit before tax

  +186%

  £1,091,119 → £3,120,173

• Wages

  -4.1%

  £1,359,491 → £1,303,461

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. HURSTWOOD HOLDINGS LIMITED 2008-12-03 → present
2. HURSTWOOD GROUP 2 LIMITED 2007-03-06 → 2008-12-03
3. BRIDGEWATER GROUP LIMITED 2003-06-16 → 2007-03-06

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. HURSTWOOD HOLDINGS LIMITED · parent
   1. Hurstwood Fitness Centres Limited 100% · Dormant
   2. Hurstwood Estates (Midlands) Limited 100% · Dormant
   3. Hurstwood Estates Limited 100% · Property Management company
   4. Hurstwood Business Centres Limited 100% · Dormant
   5. Hurstwood Group 1 Limited 100% · Investment Property Company
   6. Hurstwood Investments UK Limited 100% · Dormant
   7. Hurstwood Living Limited 100% · Dormant
   8. Hurstwood Properties (Lancashire) Limited 100% · Dormant
   9. Hurstwood Properties (R) Limited 100% · Investment Property Company
   10. Hurstwood Properties (Rochdale) Limited 100% · Dormant
   11. Ribble Valley M.C Ltd 100% · Dormant

Significant events

• “2024 has been a strong year despite the uncertainties in the market.”
• “2024 has seen market conditions become more challenging with steeply rising inflation and interest rate rises, but the directors have continued to take advantage of opportunities whilst consolidating previous gains.”
• “The Business has recorded a profit for the 12th consecutive year as it continues to benefit from a well occupied and managed investment portfolio.”
• “The business's key income stream of rental income remains very stable despite the underlying churn of short term leases, driven by the demands of the market, however this does leave us well placed to drive forward as we have done where occupier demand has improved.”
• “We have significantly reduced the Gearing risk with strong amortisation in the last 5 years and this is set to continue in the year ahead, thus creating further balance sheet strength.”

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.