NEWFOUNDLAND PLACE LIMITED

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

  +2.5%

  £24,458,285 → £25,077,990

• Cash

  +10.3%

  £7,924,709 → £8,744,406

• Net assets

  +10.7%

  £3,980,246 → £4,406,088

• Employees

  —

  Not reported

• Operating profit

  +129.6%

  -£274,144 → £81,244

• Profit before tax

  +54,355.5%

  £782 → £425,842

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. Sector-distribution context coming next.

1. NEWFOUNDLAND PLACE LIMITED 2025-02-18 → present
2. VERTUS NEWFOUNDLAND PLACE LIMITED 2019-10-03 → 2025-02-18
3. VERTUS NFL RENTCO LIMITED 2019-09-26 → 2019-10-03

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

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.”

Significant events

• “On 24 January 2025, the Company was sold in an arm's length transaction to a vehicle owned by an affiliate. Following the change in ownership, the Company underwent a legal name change. The Company changed its registered name from Vertus Newfoundland Place Limited to Newfoundland Place Limited. As part of the acquisition, all amounts owed to and from previous group undertakings and associated entities, excluding the immediate parent company, were settled. At year end, £13,152,411 was owed to group undertakings, £20,382 to associated entities, and £113,803 was owed by group undertakings. All were settled post year end. No amounts were owed by associated entities.”

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

Filings

3

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.