GDY PROPERTY (1) LTD

• ⚠

  Material uncertainty over going concern

  The director has considered the company's financial position and noted that the company has a net liabilities position at the reporting date. As a result, the director has concluded that the company does not have adequate resources to continue its operations for the foreseeable future and that it is not appropriate to prepare the financial statements on a going concern basis.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  —

  Not reported

• Cash

  -8.1%

  £2,504 → £2,302

  lowest in 5 filed years

• Net assets

  +13%

  -£22,322,107 → -£19,415,716

• Employees

  —

  Not reported

• Operating profit

  +99.9%

  -£5,416,552 → -£4,769

• Profit before tax

  +90.4%

  -£7,208,633 → -£691,420

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. GDY PROPERTY (1) LTD 2025-07-24 → present
2. FPROP GDYNIA PODOLSKA LIMITED 2021-07-12 → 2025-07-24
3. FPGP LIMITED 2014-12-23 → 2021-07-12
4. EDENFIELD LIMITED 2013-05-15 → 2014-12-23

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The director has considered the company's financial position and noted that the company has a net liabilities position at the reporting date. As a result, the director has concluded that the company does not have adequate resources to continue its operations for the foreseeable future and that it is not appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. GDY PROPERTY (1) LTD · parent
   1. Fprop Gdynia Sp z.o.o. 50% · Poland · Property Development

Significant events

• “After the financial year end, Fprop Gdynia sp. z o.o., which is 50% owned by Fprop Gdynia Podolsksa Limited, was placed into administration following the failure to agree restructuring terms with its principal creditor.”
• “On 24 July 2025 the company changed its name to Gdy Property (1) Limited.”
• “On 31 July 2025, First Property Group plc sold its shares in the company for a consideration of £1 to Valegro Property Ltd, a company that Rafal Maczkowski is the sole director. First Property Group plc has ceased being the company's controlling party. On 31 July 2025 all of the UK directors resigned and Rafal Moczkowski was appointed as the sole director of the company.”

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

Filings

10

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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