SAVILLS IM RESIDENTIAL UK LIMITED

• ⚠

  Material uncertainty over going concern

  The financial statements have been prepared on a basis other than going concern. The principal activity of the Company is the provision of asset management services in respect of real estate and private property funds. Management is in the process of pursuing a disposal strategy in relation to the assets. The Company is expected to be liquidated once all remaining assets within the Company are sold.

• ◆

  4 officer resignations in last 12 months

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

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

  -29.5%

  £1,739,554 → £1,226,600

• Cash

  -97.3%

  £490,680 → £13,154

  lowest in 4 filed years

• Net assets

  +235.8%

  £32,868 → £110,377

• Employees

  -36.4%

  11 → 7

• Operating profit

  +267.5%

  -£68,421 → £114,593

• Profit before tax

  +234.4%

  -£73,277 → £98,498

• Wages

  -26.6%

  £903,821 → £663,072

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. SAVILLS IM RESIDENTIAL UK LIMITED 2023-03-14 → present
2. SAVILLS IM RESIDENTIAL LIMITED 2023-01-18 → 2023-03-14
3. PITMORE (1) LIMITED 2014-04-11 → 2023-01-18

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The financial statements have been prepared on a basis other than going concern. The principal activity of the Company is the provision of asset management services in respect of real estate and private property funds. Management is in the process of pursuing a disposal strategy in relation to the assets. The Company is expected to be liquidated once all remaining assets within the Company are sold.”

Significant events

• “There have been no other events that require adjustment to the Financial Statements or are considered to have a material impact on the understanding of the Company's current financial position.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

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