WESTFIELD SPECIALTY CORPORATE MEMBER LIMITED

Figures converted to GBP from USD at 0.748 per USD (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

  —

  Not reported

• Cash

  -9.5%

  £1,266,353 → £1,145,997

• Net assets

  +6.3%

  £84,827,689 → £90,197,354

• Employees

  —

  Not reported

• Profit before tax

  +797.9%

  £814,084 → £7,309,561

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

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. WESTFIELD SPECIALTY CORPORATE MEMBER LIMITED 2023-02-06 → present
2. ARIEL CORPORATE MEMBER LIMITED 2012-08-20 → 2023-02-06
3. ARROW CORPORATE MEMBER LIMITED 2007-10-12 → 2012-08-20
4. MINMAR (841) LIMITED 2007-04-13 → 2007-10-12

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least a twelve month period from the date of issue of these financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “From 2018 and onwards, all new years of account have had participation re-allocated to Westfield Specialty Capital, (No. 604) Ltd, meaning 2019 was the final year of the 2017 YOA and going forward the Company is expected to become dormant.”
• “During the year, the directors identified that intercompany loan interest income of $4.2m recognised in FY23 should not have been recognised as there was no contractually agreed interest rate associated with the loan. The comparatives have been restated to reflect this as follows: In the statement of comprehensive income, Investment income of $4.6m as previously reported has been restated to $0.4m and Tax expenses has been adjusted by $1m from $1.6m as previously reported to $0.6m.”

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

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.