BANA ONE L1 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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £57,478,366 → £57,478,366

• Employees

  0%

  2 → 2

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Wilder Coe Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. BANA ONE L1 LTD · parent
   1. Abbey Commercial Ltd 100% · Property investment
   2. CH Chesterford Limited 100% · Property investment
   3. Downham Ltd 100% · Property investment
   4. Sledgehammer Holdings Company Limited 100% · Property investment
   5. Verondy Ltd 100% · Property investment
   6. Vinehall Estates Ltd 100% · Property investment
   7. Roadrunner Properties Limited 100% · Property investment
   8. Sledgehammer Properties Limited 100% · Property investment
   9. Verondy Ltd 100% · Property investment
   10. Vinehall (Nominees) Limited 100% · Dormant
   11. Downham (Nominees) Limited 100% · Dormant

Significant events

• “In the second quarter of 2024, we completed two new loans with Canada Life and Santander, secured properties, which raised £38 million.”
• “On 31 December 2024 we repaid £20 million loan notes.”
• “In May 2024 we completed our mixed-use development in Finchley.”
• “We sold six properties in the year (five via enfranchisement), raising £3,00,000.”
• “In February 2025 we completed a new £51.4 million 5-year loan with Barclays and repaid our Aviva loan.”
• “In June 2025 we agreed a two-year extension to our £40 million loan facility with Canada Life which now matures in October 2027.”
• “We purchased a mixed-use property in North London for £7 million in February 2025.”
• “We have raised a further £3,300,000 from property sales since the year-end.”
• “Since the year-end we have completed a new office building in Brighton and also completed number of other smaller residential projects.”

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.