INTEGRATED BRADFORD SPV TWO LIMITED
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-05-15 (in 1y)
Last made up 2026-05-01
Watchouts
None on the register
Cash
£19M
+463.2% vs 2024
Net assets
£2M
-4.5% vs 2024
Employees
—
Average over period
Profit before tax
£4M
-5.1% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £17,919,000 | £18,097,000 | |
| Operating profit | £3,885,000 | £4,119,000 | |
| Profit before tax | £4,126,000 | £3,914,000 | |
| Net profit | £3,094,000 | £2,935,000 | |
| Cash | £3,413,000 | £19,223,000 | |
| Total assets less current liabilities | £106,377,000 | £96,862,000 | |
| Net assets | £2,111,000 | £2,015,000 | |
| Equity | £2,111,000 | £2,015,000 | |
| Average employees | — | — | |
| 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
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
+1%
£17,919,000 £18,097,000
-
Cash
+463.2%
£3,413,000 £19,223,000
-
Net assets
-4.5%
£2,111,000 £2,015,000
-
Employees
—
Not reported
-
Operating profit
+6%
£3,885,000 £4,119,000
-
Profit before tax
-5.1%
£4,126,000 £3,914,000
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 21.7% | 22.8% | |
| Net margin | 17.3% | 16.2% | |
| Return on capital employed | 3.7% | 4.3% | |
| Gearing (liabilities / total assets) | 99.0% | 98.9% | |
| Current ratio | 1.78x | 1.76x | |
| Interest cover | 0.54x | 0.60x |
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
- Goodman Jones LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have reviewed the Company's cash flow forecasts and profit projections over the concession period. The forecasts demonstrate that the Company expects to comply with its banking covenants and meet its liabilities for the foreseeable future.”
Significant events
- “Construction of schools commenced in May 2009 under Early Works Agreement dated 22 May 2009. Schools reached service availability from March 2011 to May 2011.”
- “Building Schools for the Future Investments LLP and Dolphin Two Limited sold their shares in the Company's parent to BSF Vault Limited on 3 July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALBANY SECRETARIAT LIMITED | Corporate Secretary | 2023-04-17 | — | — |
| MARSH, James Peter | Director | 2025-04-30 | Dec 1988 | British |
| MILLSOM, Barry Paul | Director | 2023-12-21 | Jun 1974 | British |
| PAYNE, William John | Director | 2023-11-27 | Dec 1972 | British |
| PEARMAN, Katherine Anne Louise | Director | 2022-03-07 | Oct 1961 | British |
| SAVJANI, Kalpesh | Director | 2025-04-30 | Apr 1980 | British |
| WILLIAMS, Michael James | Director | 2023-12-21 | Jan 1980 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HATCHER, Paul James | Secretary | 2022-04-01 | 2023-04-17 |
| SHERARD SECRETARIAT SERVICES LIMITED | Corporate Secretary | 2009-06-19 | 2022-03-23 |
| BLANCHARD, David Graham | Director | 2013-04-18 | 2013-06-20 |
| BRAND, Susan Heather Charlotte | Director | 2011-04-04 | 2013-06-10 |
| CARTER, Jonathan Laurence David | Director | 2022-10-03 | 2023-12-21 |
| CASHIN, Benjamin Matthew | Director | 2009-08-21 | 2011-08-11 |
| CHANNON, Martin | Director | 2009-06-19 | 2011-04-04 |
| CONNELLY, John Gerard | Director | 2010-07-12 | 2022-03-07 |
| COTTRELL, Keith | Director | 2009-08-26 | 2013-06-30 |
| ENGLISH, Nick Stuart | Director | 2011-08-22 | 2012-08-01 |
| FAULKNER, Anthony Robert | Director | 2018-10-31 | 2019-08-31 |
| FAULKNER, Anthony Robert | Director | 2017-11-27 | 2018-10-31 |
| FAULKNER, Anthony Robert | Director | 2016-09-12 | 2017-11-27 |
| FAVRE, Sarah Elisabeth Madeleine | Director | 2019-09-01 | 2021-01-04 |
| GHAFOOR, Asif | Director | 2013-07-01 | 2017-03-01 |
| GREGORY, Michael John | Director | 2013-06-20 | 2020-04-10 |
| HANDFORD, Alistair John | Director | 2009-08-21 | 2016-08-31 |
| LAMSTAES, Pierre Gaetan | Director | 2016-08-31 | 2018-12-19 |
| MACKEE, Nicholas James | Director | 2013-05-07 | 2020-12-18 |
| MILLS, Gary William | Director | 2009-08-21 | 2021-11-30 |
| PEARMAN, Katherine Anne Louise | Director | 2017-03-01 | 2022-03-07 |
| QUAIFE, Geoffrey Alan | Director | 2009-08-26 | 2016-09-12 |
| SAVJANI, Kalpesh | Director | 2020-12-18 | 2025-04-30 |
| SHARMAN, Nicholas Andrew | Director | 2009-06-19 | 2009-08-21 |
| THORNE, Alexander Victor | Director | 2021-01-04 | 2023-12-21 |
| TURNBULL, Rachel Louise | Director | 2017-11-27 | 2018-10-31 |
| WADDINGTON, Adam George | Director | 2011-08-22 | 2013-04-18 |
| WARD, Daniel Colin | Director | 2020-12-18 | 2025-04-30 |
| WARD, Daniel Colin | Director | 2020-04-10 | 2020-12-18 |
| WAYMENT, Mark Christopher | Director | 2018-10-31 | 2019-08-31 |
| WAYMENT, Mark Christopher | Director | 2009-08-21 | 2017-11-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Integrated Bradford Hold Co Two Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 136 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-11 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-05-11 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-04-13 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-12 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-17 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-04-07 | AA | accounts | Accounts with accounts type full | |
| 2024-09-18 | CH01 | officers | Change person director company with change date | |
| 2024-08-13 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-16 | AA | accounts | Accounts with accounts type full | |
| 2023-12-04 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.