GREENCORE HOMES LTD

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

  -99.8%

  £3,876,998 → £6,047

• Cash

  -83.6%

  £26,896,772 → £4,405,795

• Net assets

  -25%

  £29,359,673 → £22,032,940

  first positive since 2021

• Employees

  +11.6%

  43 → 48

  highest in 4 filed years

• Operating profit

  -14.4%

  -£6,766,443 → -£7,741,372

• Profit before tax

  -11.9%

  -£6,549,114 → -£7,326,733

• Wages

  +12.8%

  £3,881,554 → £4,378,977

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. GREENCORE HOMES LTD 2023-09-28 → present
2. GREENCORE CONSTRUCTION LTD 2013-10-30 → 2023-09-28

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue its operations for the foreseeable future. The directors have undertaken a going concern assessment considering current performance, future business plans and the recent equity injection as set out in Note 29 (Events after the reporting date). Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. GREENCORE HOMES LTD · parent
   1. Hempsec Ltd 100% · England and Wales · R&D in the field of construction
   2. Brightwell Sustainable Projects Ltd 100% · England and Wales · Development and sale of climate positive homes
   3. Greencore (Waddesdon) Ltd 100% · England and Wales · Development and sale of climate positive homes
   4. Greencore (Milton) Ltd 100% · England and Wales · Development and sale of climate positive homes
   5. Greencore (Shipton) Ltd 100% · England and Wales · Dormant
   6. Greencore Homes (Alconbury) Ltd 100% · England and Wales · Dormant

Significant events

• “During the year to June 2025, we added to our development pipeline with the acquisition of two sites – one with outline planning for 89 homes in Haddenham and the second with outline planning for 75 homes in Waddesdon. These site purchases were funded through a combination of equity and development finance. We also secured reserved matters planning consents for our existing sites in Milton and Launton enabling start on site on both developments.”
• “On 14 November 2025, Luxembourg Specialist Investment Fund FCP-RAIF - M&G Catalyst Capital Fund (immediate controlling party) purchased 2,206 Series A Preferred shares of £1 at £9,068.92 per share. This increased the number of Series A Preferred shares issued and fully paid up to 7,168. The share premium increase by £20,003,840 to £68,067,677. This resulted in a cash injection of £20 million.”

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

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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.