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Cash

£2.2M

-60.1% lowest in 3 filed years

Net assets

£358M

-1.3% lowest in 3 filed years

Employees

5

0% vs 2024

Profit before tax

-£4.9M

+69.5% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £398,183,359£47,576,740£43,176,153 -9.2%
Operating profit £71,182,182-£5,662,463£2,101,730 +137.1%
Profit before tax £58,758,584-£16,191,509-£4,938,024 +69.5%
Net profit £56,617,615-£14,586,358-£4,768,466 +67.3%
Cash £18,661,494£5,518,019£2,202,311 -60.1%
Total assets less current liabilities £362,234,639£599,862,701£448,068,365 -25.3%
Net assets £362,234,639£362,836,831£358,068,365 -1.3%
Equity £362,234,639£362,836,831£358,068,365 -1.3%
Average employees 55 0%
Wages £5,745£483,615£917,053 +89.6%
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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 17.9%-11.9%4.9%
Net margin 14.2%-30.7%-11.0%
Return on capital employed 19.7%-0.9%0.5%
Gearing (liabilities / total assets) 45.4%36.7%
Current ratio 2.57x10.24x4.81x
Interest cover 5.24x-0.32x0.19x

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
Auditor
Lubbock Fine LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company has presented a strong balance sheet as at 31 December 2025 with a net asset position of £358.1m, primarily constituted by property development stock of £388.4m. The directors believe that it is appropriate to prepare the financial statements on a going concern basis. In formulating this assessment the directors have determined that there is no significant risk to their continuation as a financial and operational going concern.”

Significant events

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

People

4 active · 10 resigned

Name Role Appointed Born Nationality
KURUVILA, Jibin, Mr. Secretary 2025-09-03
MUKHOPADHYAY, Abhijit Director 2017-06-05 Jul 1953 British
NANDA, Vivek, Dr. Director 2025-07-31 Nov 1963 British
PATNAIK, Durga Madhab Director 2019-01-09 Nov 1980 British
Show 10 resigned officers
Name Role Appointed Resigned
CHATRATH, Adosh Secretary 2017-07-10 2023-07-31
NOROSE COMPANY SECRETARIAL SERVICES LIMITED Corporate Secretary 2017-06-05 2017-06-05
BENJUMEA, Enrique Director 2020-01-23 2021-03-11
FERNÁNDEZ CASADO, Javier Santiago Director 2021-03-11 2021-06-24
LAZZARO, Frank Director 2018-01-24 2019-01-09
MELIA FULLANA, Francisco Javier Director 2017-06-05 2018-12-11
NAIR, Ukkarath Muraleedharan Director 2017-06-05 2017-12-13
RODRIGUEZ PRIETO, Javier Cristian Director 2017-06-05 2021-06-24
VERA CABRERO, Miguel Director 2018-12-11 2020-01-23
WESTON, Clive Director 2017-06-05 2017-06-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr. Andrew Brian Byers Individual Shares 50–75% (as trust), Voting 50–75% (as trust), Appoints directors (as trust) 2025-10-08 Active
Saad Tayeb Hasan Individual Shares 25–50% (as firm), Voting 25–50% (as firm), Appoints directors (as firm), Significant influence (as firm) 2021-09-29 Ceased 2023-05-23
Obrascon Huarte Lain Sa Corporate entity Shares 25–50%, Voting 25–50% 2018-03-20 Ceased 2021-06-24
Obrascon Huarte Lain Dessarrollos, S.L Corporate entity Shares 25–50%, Voting 25–50%, Appoints directors 2017-09-14 Ceased 2018-03-20
Mrs Sandra Agnes Georgeson Individual Shares 50–75% (as trust), Voting 50–75% (as trust), Appoints directors (as trust) 2017-09-14 Active
Norose Company Secretarial Services Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-06-05 Ceased 2017-09-14

Filing timeline

Last 20 of 129 total filings

Date Type Category Description
2026-05-26 AA accounts Accounts with accounts type full
2026-02-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-23 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-10-21 PSC04 persons-with-significant-control Change to a person with significant control PDF
2025-10-21 PSC01 persons-with-significant-control Notification of a person with significant control PDF
2025-09-03 AP03 officers Appoint person secretary company with name date PDF
2025-08-04 AP01 officers Appoint person director company with name date PDF
2025-07-08 AA accounts Accounts with accounts type full
2025-02-07 CS01 confirmation-statement Confirmation statement with updates PDF
2024-12-10 AA accounts Accounts with accounts type small
2024-11-13 AD01 address Change registered office address company with date old address new address PDF
2024-11-13 AD01 address Change registered office address company with date old address new address PDF
2024-08-06 SH01 capital Capital allotment shares PDF
2024-07-16 PSC04 persons-with-significant-control Change to a person with significant control PDF
2024-07-05 SH01 capital Capital allotment shares PDF
2024-02-12 CS01 confirmation-statement Confirmation statement with updates PDF
2024-02-02 SH01 capital Capital allotment shares PDF
2024-01-11 MR04 mortgage Mortgage satisfy charge full PDF
2024-01-11 MR04 mortgage Mortgage satisfy charge full PDF
2024-01-05 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
2

last 24 months

Officers appointed
2

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.

Official Companies House page