MASSHOUSE BLOCK HI LIMITED

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  Material uncertainty over going concern

  At 30 September 2025, the Company was in a net current liability position due to an intragroup loan owed to the Parent Company and therefore depends on the Parent Company's financial support. The Parent Company's financial statements for the year ended 30 September 2025 were prepared on a going concern basis. ... The Directors have considered this development together with the Parent Company's financial position and its intention to continue providing support to the Company. On this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis.

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  Audit opinion: Disclaimer of opinion

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

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  Going-concern uncertainty disclosed

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

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.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“At 30 September 2025, the Company was in a net current liability position due to an intragroup loan owed to the Parent Company and therefore depends on the Parent Company's financial support. The Parent Company's financial statements for the year ended 30 September 2025 were prepared on a going concern basis. ... The Directors have considered this development together with the Parent Company's financial position and its intention to continue providing support to the Company. On this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “On 2 December 2025, the Group announced the refinancing of its existing £19.5 million loan facility with Santander, which was due to expire in July 2026. The new facility is for £8.2 million and extends the loan term from July 2026 to January 2028.”
• “On 27 January 2026, the Government published the draft Commonhold and Leasehold Reform Bill, which proposes to cap ground rents on most existing long residential leases at £250 per year, reducing to a peppercorn after 40 years. The cap would only take effect once the Bill becomes law, which the Government does not expect before late 2028.”
• “On 31 March 2026, the Company's portfolio was independently valued at £1,794,020 by the valuer, showing a like-for-like reduction of £766,431 or -29.9% compared with the independent valuation as at 30 September 2025. The independent valuation continues to include a material uncertainty clause.”

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

Filings

5

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.