FAS REAL ESTATE DEVELOPMENT COMPANY LTD
Get an alert when FAS REAL ESTATE DEVELOPMENT COMPANY LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-03-23
Overdue
Confirmation statement due
2026-05-21 (this month)
Last made up 2025-05-07
Watchouts
Cash
£503K
-32.2% vs 2022
Net assets
-£22M
-7.4% vs 2022
Employees
82
+1.2% highest in 5 filed years
Profit before tax
-£930K
+32.2% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2026-03-23.
Net assets
7-year trend · vs Real Estate median
Accounts
7-year trend · latest reflected 2023-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £8,263,179 | £8,755,586 | |
| Operating profit | — | — | — | — | — | -£1,247,333 | -£822,569 | |
| Profit before tax | — | — | — | — | — | -£1,370,597 | -£929,859 | |
| Net profit | — | -£4,600 | — | -£21,743,224 | -£1,541,065 | -£1,900,813 | -£1,514,469 | |
| Cash | — | — | — | — | £263,326 | £742,503 | £503,155 | |
| Total assets less current liabilities | — | £28,440 | — | -£21,714,784 | -£23,255,849 | -£18,704,295 | -£20,655,072 | |
| Net assets | — | £28,440 | — | -£21,714,784 | -£23,255,849 | -£20,049,273 | -£21,534,239 | |
| Equity | £33,040 | £28,440 | £28,440 | -£21,714,784 | -£23,255,849 | -£20,049,273 | -£21,534,239 | |
| Average employees | — | 4 | — | 4 | 0 | 81 | 82 | |
| Wages | — | — | — | — | — | £2,166,462 | £2,410,570 | |
| Directors' remuneration | — | — | — | — | — | — | — |
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
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+6%
£8,263,179 £8,755,586
-
Cash
-32.2%
£742,503 £503,155
-
Net assets
-7.4%
-£20,049,273 -£21,534,239
-
Employees
+1.2%
81 82
highest in 5 filed years
-
Operating profit
+34.1%
-£1,247,333 -£822,569
-
Profit before tax
+32.2%
-£1,370,597 -£929,859
-
Wages
+11.3%
£2,166,462 £2,410,570
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -15.1% | -9.4% | |
| Net margin | — | — | — | — | — | -23.0% | -17.3% | |
| Return on capital employed | — | — | — | — | — | 6.7% | 4.0% | |
| Current ratio | — | — | — | — | — | 0.03x | 0.03x | |
| Interest cover | — | — | — | — | — | -10.11x | -7.57x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Feltons
- 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 Group's or the parent 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
- FAS REAL ESTATE DEVELOPMENT COMPANY LTD · parent
- FAS Spain S.L.U 100%
Significant events
- “There have been no significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PD COSEC LIMITED | Corporate Secretary | 2016-05-07 | — | — |
| AL QALAM, Kamel Badee | Director | 2017-11-23 | Oct 1965 | American |
| ALHOKAIR, Abdulmajid Abdulaziz Fahad | Director | 2016-05-07 | Sep 1968 | Saudi Arabian |
| ALHOKAIR, Fawaz Abdulaziz Fahad | Director | 2016-05-07 | Nov 1964 | Saudi Arabian |
| ALHOKAIR, Salman Abdulaziz Fahad | Director | 2016-05-07 | Oct 1967 | Saudi Arabian |
| BADRAWI, Ahmed Demerdash | Director | 2024-04-11 | Oct 1969 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Salman Abdulaziz Fahad Alhokair | Individual | Shares 25–50%, Voting 25–50% | 2016-05-07 | Active |
| Fawaz Abdulaziz Fahad Alhokair | Individual | Shares 25–50%, Voting 25–50% | 2016-05-07 | Active |
| Abdulmajid Abdulaziz Fahad Alhokair | Individual | Shares 25–50%, Voting 25–50% | 2016-05-07 | Active |
| Salman Abdulaziz Fahad Alhokair | Individual | Shares 25–50%, Voting 25–50% | 2016-05-07 | Active |
| Fawaz Abdulaziz Fahad Alhokair | Individual | Shares 25–50%, Voting 25–50% | 2016-05-07 | Active |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA01 | accounts | Change account reference date company previous shortened | |
| 2025-07-30 | AA | accounts | Accounts with accounts type group | |
| 2025-05-21 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-20 | GAZ1 | gazette | Gazette notice compulsory | |
| 2024-12-23 | AA01 | accounts | Change account reference date company previous shortened | |
| 2024-06-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-04-23 | AA | accounts | Accounts with accounts type group | |
| 2024-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-27 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-09-27 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-08-11 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2023-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-23 | GAZ1 | gazette | Gazette notice compulsory | |
| 2022-12-22 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-23 | AA | accounts | Accounts with accounts type small | |
| 2022-04-16 | DISS40 | gazette | Gazette filings brought up to date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.