PROJECT FURNITURE RESIDENTIAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-15 (in 10mo)
Last made up 2026-03-01
Watchouts
None on the register
Cash
£131K
Latest balance sheet
Net assets
£29K
highest in 4 filed years
Employees
28
highest in 4 filed years
Profit before tax
£327K
highest in 3 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2022-08-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £8,363,489 | £12,200,019 | |
| Operating profit | — | — | — | £95,349 | £338,607 | |
| Profit before tax | — | — | -£337,438 | £65,964 | £327,456 | |
| Net profit | — | — | -£269,950 | £57,547 | £241,610 | |
| Cash | — | — | £0 | £1,691,775 | £130,686 | |
| Total assets less current liabilities | — | — | -£269,949 | -£19,561 | £44,926 | |
| Net assets | £1 | — | -£269,949 | -£212,303 | £29,307 | |
| Equity | £1 | £1 | -£269,949 | -£212,303 | £29,307 | |
| Average employees | — | 0 | 0 | 18 | 28 | |
| Wages | — | — | — | — | — | |
| 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-03-31 | 2022-03-31 | 2022-08-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 1.1% | 2.8% | |
| Net margin | — | — | — | 0.7% | 2.0% | |
| Return on capital employed | — | — | — | -487.4% | 753.7% | |
| Current ratio | — | — | — | 0.98x | 1.00x | |
| Interest cover | — | — | — | 3.11x | 17.07x |
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.
Name history
Renamed 1 time since incorporation
- PROJECT FURNITURE RESIDENTIAL LIMITED 2022-05-26 → present
- DESIGNER PROJECTS LIMITED 2020-03-02 → 2022-05-26
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- MHA
- 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
- “During the year until 10 October 2024, the company's immediate and ultimate parent company was Project Group UK Limited... From 10 October 2024 and following a group restructure, the company's immediate parent company is Project Group UK Limited and ultimate parent company is Project Group UK Holdings Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORBETT, Martin | Director | 2022-12-31 | Nov 1960 | British |
| DICKSON, Alistair George | Director | 2022-12-31 | May 1993 | British |
| DIMMOCK, Neil | Director | 2022-12-31 | Jun 1975 | British |
| ETHERINGTON, Ben Ashley | Director | 2022-12-31 | Feb 1987 | British |
| MACKENZIE, Oliver | Director | 2023-01-20 | Sep 1986 | British |
| OWENS, Thomas John Alan | Director | 2022-12-31 | Oct 1969 | British |
| WATSON, James Ronald | Director | 2022-12-31 | Aug 1983 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Nigel Anthony | Director | 2020-03-02 | 2024-10-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Project Group Uk Limited | Corporate entity | Shares 75–100% | 2022-09-02 | Active |
| Mr Nigel Anthony Barker | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-02 | Ceased 2022-09-02 |
Filing timeline
Last 20 of 36 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-29 RESOLUTIONS Resolution
- 2025-01-28 MA Memorandum articles
- 2023-06-27 MA Memorandum articles
- 2023-06-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-28 | MA | incorporation | Memorandum articles | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-17 | AA | accounts | Accounts with accounts type full | |
| 2024-03-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-01-14 | AA01 | accounts | Change account reference date company previous extended | |
| 2023-06-28 | SH01 | capital | Capital allotment shares | |
| 2023-06-27 | SH08 | capital | Capital name of class of shares | |
| 2023-06-27 | MA | incorporation | Memorandum articles | |
| 2023-06-27 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-03-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-27 | AA01 | accounts | Change account reference date company previous extended |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.