ELMSLEIGH STREET LTD

• ⚠

  Material uncertainty over going concern

  The directors consider that the Company is a going concern, however should there be a change of ownership within the next 12 months, the ability of the Company to continue as a going concern is entirely dependent on the actions and intentions of the directors appointed by the buyer following the sale. This represents a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern such that the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.

• ◆

  8 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -254.2%

  -£1,208,000 → -£4,279,000

• Employees

  —

  Not reported

• Profit before tax

  -165%

  -£1,159,000 → -£3,071,000

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors consider that the Company is a going concern, however should there be a change of ownership within the next 12 months, the ability of the Company to continue as a going concern is entirely dependent on the actions and intentions of the directors appointed by the buyer following the sale. This represents a material uncertainty which may cast significant doubt about the Company's ability to continue as a going concern such that the Company may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “As described in the Directors' Report on page 1, Fairview New Homes Limited. the immediate parent company, is actively engaged in negotiations with a buyer for the potential sale of the Company with completion expected to take place within a matter of weeks from the date of these financial statements. The Company has therefore been released from a guarantee given in respect of bank loan facilities available to the parent company (see note 11).”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

8

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.