HOME HOLDINGS 1 LIMITED

• ⚠

  Material uncertainty over going concern

  As a result of the ongoing Managed Wind-Down of the Group's operations, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

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

  -53.9%

  £17,206,269 → £7,937,730

• Cash

  -2.2%

  £3,969,268 → £3,880,795

• Net assets

  -13.9%

  -£275,350,627 → -£313,568,807

• Employees

  —

  Not reported

• Operating profit

  -146.6%

  £82,010,015 → -£38,225,038

• Profit before tax

  -147.9%

  £79,855,129 → -£38,218,180

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. HOME HOLDINGS 1 LIMITED 2020-11-05 → present
2. GROLAR DEVELOPMENTS SPV 3 LIMITED 2020-08-31 → 2020-11-05

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“As a result of the ongoing Managed Wind-Down of the Group's operations, the Directors do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern.”

Significant events

• “On 16 September 2024 Home REIT shareholders approved the New Investment Policy for the Managed Wind-Down of the Group's and Company's operations.”
• “On 27 November 2024, the Group repaid all outstanding Group loans and in December 2024, the Group paid all other amounts due and Scottish Widows released its charges.”
• “On 2 March 2026, the Group exchanged on the disposal of 706 properties to Patron Capital for £123.0 million, which is expected to complete no later than 1 April 2026.”
• “From 1 September 2025 to 25 March 2026, the Company exchanged and completed on the sale of two properties for gross sales proceeds of £195,000.”
• “Since 31 August 2025, the Company has entered into a surrender agreement with one tenant covering 17 properties which are now under the control of a property manager.”
• “Home REIT has received a pre-action letter of claim which asserts that Home REIT provided information to investors which was false, untrue and / or misleading.”
• “On 7 February 2024, Home REIT was notified by the FCA of its commencement of an investigation into Home REIT, covering the period from 22 September 2020 to 3 January 2023.”

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

Filings

6

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.