RONTEC PROPERTIES (NO.3) LIMITED

• ◆

  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

  +1.4%

  £1,165,000 → £1,181,000

• Cash

  —

  Not reported

• Net assets

  +55.4%

  £12,160,000 → £18,895,000

• Employees

  —

  Not reported

• Operating profit

  +162.2%

  £3,426,000 → £8,983,000

• Profit before tax

  +237.8%

  £2,659,000 → £8,983,000

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors believe that preparing the financial statements on a going concern basis is deemed appropriate due to the continued financial support from group related entity, GMR Capital Limited. The directors have received confirmation that GMR Capital Limited intends to support the company for at least one year after these financial statements are signed.”

Significant events

• “No dividends were paid (2024: £nil). The directors do not recommend payment of a final dividend.”
• “A valuation of the investment properties at the year end was carried out by an external valuer, Colliers International Property Consultants Limited. Their market value amounted to £34,807,000 (2024: £26,795,000). The overall increase as detailed in note 8 includes a fair value increase of £7,826,000 (2024: £2,276,000) which has been included in the profit and loss account.”

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

Filings

5

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.