PORTHAVEN 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

  +45.8%

  £4,328,983 → £6,312,873

• Cash

  -73%

  £7,084,986 → £1,916,247

• Net assets

  +9.9%

  £53,784,460 → £59,083,564

• Employees

  —

  Not reported

• Operating profit

  +43.4%

  £10,164,203 → £14,579,910

• Profit before tax

  +42.4%

  £5,150,448 → £7,333,261

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)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The Company is part of a group which has a detailed business plan to which the shareholders have committed significant funds. The directors have no reason to believe that the parent undertaking will not be able to execute its business plan and pay its indebtedness to its subsidiaries and the external debt as and when due based on the cash flow forecast until December 2026. The Company is dependent upon the continued financial support of its parent undertaking, which has been assured. With that support the Company has sufficient resources to meet known and expected liabilities as they fall due for a period of at least 12 months from the date of signing these financial statements. It is the opinion of the directors that the preparation of the financial statements on a going concern basis is appropriate.”

Group structure

1. PORTHAVEN PROPERTIES NO 3 LIMITED · parent
   1. Porthaven Care Homes No 3 Limited 100% · England and Wales

Significant events

• “After the year end, on 26 March 2025, the Group completed a business re-organisation and simultaneous refinance of three of its care home businesses. The freehold properties of the care homes at Great Shelford (Barley Manor), Harpenden (Lea Grange) and Burford (Cotswold Gate) were moved out of the Company into separate wholly owned subsidiary entities of Porthaven Group Ventures Limited. As part of this reorganisation, the Company repaid a tranche of the HSBC financed term loan totalling £23,620,988. A new senior loan was taken out from Natwest bank, secured against these properties, totalling £37,900,000 within one of the Group entities. As part of the reorganisation, from 26 March 2025 the parent company of Porthaven Properties No 3 Limited changed from Porthaven Group Ventures Limited to Porthaven Holdings (HBUK) Limited.”

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

Filings

4

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.