HEARTHSTONE INVESTMENTS 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

  -14.1%

  £2,856,936 → £2,454,325

• Cash

  -28.9%

  £795,260 → £565,188

• Net assets

  +78.2%

  £543,809 → £968,799

• Employees

  -13.3%

  15 → 13

• Operating profit

  -18.4%

  £734,913 → £599,593

• Profit before tax

  -20.9%

  £700,227 → £553,801

• Wages

  +0.8%

  £1,282,630 → £1,292,738

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. HEARTHSTONE INVESTMENTS LIMITED 2020-04-29 → present
2. HEARTHSTONE INVESTMENTS PLC 2007-09-24 → 2020-04-29

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

PKF Francis Clark, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group's forecasts and projections, taking account of reasonably possible changes in expenditure and the possibility of further fund-raising and other cash raising options, show that the directors expect the Group to be able to operate for the foreseeable future.”

Group structure

1. HEARTHSTONE INVESTMENTS LIMITED · parent
   1. Hearthstone Asset Management Limited 100% · United Kingdom · fund management and property advisory services
   2. Hearthstone Investments (Scotland) Limited 100% · United Kingdom · fund management and property advisory services
   3. Hearthstone Investment Management Limited 100% · United Kingdom · fund management and property advisory services
   4. Hearthstone Investments (FP) Limited 100% · United Kingdom · fund management and property advisory services
   5. Hearthstone Investments (GP) Limited 100% · United Kingdom · fund management and property advisory services
   6. Hearthstone Investments (GP2) Limited 100% · United Kingdom · fund management and property advisory services
   7. Hearthstone Investments (GP3) Limited 100% · United Kingdom · fund management and property advisory services

Significant events

• “The liquidation of the TM home investor fund continued throughout the year with the majority of the 200 homes now being on the market, under offer or sold. The intention is to fully liquidate the fund by the end of 2025, subject to market conditions.”
• “The group had £296,075 (2023: £815,973) of loans which were due for final repayment by 30 June 2025. These loans were repaid in April 2025.”
• “Following the year end, all loans and deferred considerations were repaid.”
• “We strengthened our team during 2024 with the creation of a new Research & Strategy Manager role which also encompasses ESG strategy and implementation.”
• “Hearthstone Investments is a signatory to the UN Principles of Responsible Investment. ... achieved a 4-star rating across all reported modules in 2024.”
• “Hearthstone Investments continued to acquire homes that are significantly more energy efficient than the UK average. Carbon emissions across Hearthstone Investments' portfolio are 1.2 tonnes per annum/per unit, compared to a national average of 4 tonnes per annum/per unit.”
• “smart environmental monitoring services have now been installed across over 1,700 homes to track household energy consumption, carbon emissions and other sustainability indicator.”
• “joined the Future Homes Hub, an independent organisation that facilitates the collaboration needed to meet climate and environmental challenges in the new homes sector.”
• “group again raised capital for our charity partner LATCH (Leeds Action to Create Homes). A sponsored day of bracken clearing at Ashdown Forest raised the funds to finance a new kitchen for LATCH's most recent refurbishment project. LATCH purchases derelict houses in deprived areas of Leeds and refurbishes them to provide accommodation for homeless and other people in need.”

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.