PRINCIPAL REAL ESTATE LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +13.2%

  £3,665,194 → £4,148,370

• Cash

  +32%

  £1,852,848 → £2,446,210

• Net assets

  +9.7%

  £2,300,791 → £2,522,846

• Employees

  -11.1%

  27 → 24

• Operating profit

  +35.6%

  -£3,572,769 → -£2,300,632

• Profit before tax

  +30.8%

  -£3,578,127 → -£2,477,600

• Wages

  -8.4%

  £4,007,474 → £3,670,032

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. PRINCIPAL REAL ESTATE LIMITED 2018-04-16 → present
2. INTERNOS GLOBAL INVESTORS LIMITED 2012-10-01 → 2018-04-16
3. INTERNOS REAL LIMITED 2010-01-28 → 2012-10-01
4. GPT HALVERTON LIMITED 2007-08-20 → 2010-01-28
5. HALVERTON REAL ESTATE INVESTMENT MANAGEMENT LIMITED 2006-09-27 → 2007-08-20

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following the results of the cashflow sensitivity analysis and considering the Company's net current assets and cash balances of €2.9m and €2.8m respectively, the directors have, at the time of approving this financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements.”

Group structure

1. PRINCIPAL REAL ESTATE LIMITED · parent
   1. Principal Real Estate Kapitalverwaltungsgesellschaft mbH 94.9% · Germany · Investment management
   2. Principal Real Estate GmbH 100% · Germany · Investment management
   3. Principal Real Estate S.à r.l. 100% · Luxembourg · Investment management
   4. Principal Hotel Immobilienfonds II General Partner S.à r.l 100% · Luxembourg · Investment management
   5. Principal Real Estate S.A.S. 100% · France · Investment management
   6. PEDCF1 (GP) S.à r.l. 100% · Luxembourg · Investment management
   7. Principal Real Estate B.V. 100% · Netherlands · Investment management
   8. Principal Real Estate S.L. 100% · Spain · Investment management
   9. PECF (GP) S.à r.l. 100% · Luxembourg · Investment management
   10. PEDIF (GP) S.à r.l. 100% · Luxembourg · Investment management
   11. Principal Private Strategies Fund I GP S.à r.l. 100% · Luxembourg · Investment management

Significant events

• “Despite the challenging market conditions in 2024, the Group has continued its acquisition, development and takeover activities, advising on and completing over €114 million of acquisition and development activity on behalf of its managed funds and separate account clients.”
• “The Group continued to execute the liquidation strategies in place for a number of mandates and to reduce exposure to non-core assets, with the disposition of approximately €33 million of real estate assets in the year.”

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

Filings

4

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.