ABBEY COMMERCIAL LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-05 (in 2mo)
Last made up 2025-06-21
Watchouts
None on the register
Cash
£7M
+38.6% vs 2023
Net assets
£87M
+7.6% vs 2023
Employees
2
0% vs 2023
Profit before tax
£6M
+131.4% vs 2023
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £16,582,143 | £17,569,018 | |
| Operating profit | — | £8,661,757 | £10,665,104 | |
| Profit before tax | — | -£18,469,105 | £5,795,232 | |
| Net profit | — | -£9,072,430 | £4,599,133 | |
| Cash | — | £4,852,438 | £6,726,415 | |
| Total assets less current liabilities | — | £276,592,063 | £279,564,266 | |
| Net assets | — | £80,681,332 | £86,798,436 | |
| Equity | £98,178,323 | £80,681,332 | £86,798,436 | |
| Average employees | — | 2 | 2 | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+6%
£16,582,143 £17,569,018
-
Cash
+38.6%
£4,852,438 £6,726,415
-
Net assets
+7.6%
£80,681,332 £86,798,436
-
Employees
0%
2 2
-
Operating profit
+23.1%
£8,661,757 £10,665,104
-
Profit before tax
+131.4%
-£18,469,105 £5,795,232
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 52.2% | 60.7% | |
| Net margin | — | -54.7% | 26.2% | |
| Return on capital employed | — | 3.1% | 3.8% | |
| Current ratio | — | 3.21x | 2.95x | |
| Interest cover | — | 1.34x | 1.65x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Wilder Coe Ltd
- 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 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
- ABBEY COMMERCIAL LTD · parent
- CH Chesterford Ltd 100%
- Downham Ltd 100%
- Sledgehammer Holdings Company Ltd 100%
- Verondy Ltd 100%
- Vinehall Estates Ltd 100%
- Roadrunner Properties Ltd 100%
- Sledgehammer Properties Ltd 100%
- Downham (Nominees) Ltd 100%
- Vinehall (Nominees) Ltd 100%
Significant events
- “In the second quarter of 2024, we completed two new loans with Canada Life and Santander, secured against uncharged properties, which raised £38 million.”
- “On 31 December 2024 we repaid £20 million loan notes.”
- “In May 2024 we completed our mixed-use development in Finchley.”
- “We purchased a mixed-use property in North London for £7 million in February 2025.”
- “We sold six properties in the year (five via enfranchisement), raising £3,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ACKERMAN, Barry | Director | 2011-02-14 | Nov 1969 | British |
| ACKERMAN, Naomi | Director | 2004-01-19 | Jun 1945 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ACKERMAN, Joseph | Secretary | 2004-01-19 | 2010-12-30 |
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 2003-07-09 | 2003-08-29 |
| ACKERMAN, Joseph | Director | 2004-01-19 | 2010-12-30 |
| THORNHILL, Andrew Robert | Director | 2010-03-26 | 2012-05-21 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 2003-07-09 | 2003-08-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bana One L1 Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 89 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-01 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AA01 | accounts | Change account reference date company current extended | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-10 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-25 | AA | accounts | Accounts with accounts type full | |
| 2021-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-21 | CH01 | officers | Change person director company with change date | |
| 2021-06-21 | CH01 | officers | Change person director company with change date | |
| 2020-10-09 | AA | accounts | Accounts with accounts type full | |
| 2020-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.