WAKMOOR (ASSETS) LIMITED
Get an alert when WAKMOOR (ASSETS) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-12 (in 9mo)
Last made up 2026-01-29
Watchouts
Cash
£160K
-62.2% lowest in 4 filed years
Net assets
-£619K
-158% vs 2023
Employees
0
Average over period
Profit before tax
-£2M
+65.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
5 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
7-year trend · vs Real Estate median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-02-16 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £875,938 | — | £3,206,000 | — | £3,914,000 | £4,349,000 | |
| Operating profit | — | -£175,772 | — | £8,198,000 | — | -£2,792,000 | £208,000 | |
| Profit before tax | — | -£1,658,155 | — | £7,513,000 | — | -£4,787,000 | -£1,662,000 | |
| Net profit | — | -£1,658,155 | — | £7,513,000 | — | -£4,787,000 | -£1,687,000 | |
| Cash | — | £804,826 | — | £655,000 | — | £423,000 | £160,000 | |
| Total assets less current liabilities | — | £10,593,366 | — | £28,874,000 | — | £24,087,000 | £22,399,000 | |
| Net assets | — | -£1,658,154 | — | £5,855,000 | — | £1,068,000 | -£619,000 | |
| Equity | — | -£1,658,154 | -£1,658,000 | £5,855,000 | £5,855,000 | £1,068,000 | -£619,000 | |
| Average employees | — | 5 | — | 0 | — | 0 | 0 | |
| Wages | — | — | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — | £0 | £0 |
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
-
Turnover
+11.1%
£3,914,000 £4,349,000
highest in 4 filed years
-
Cash
-62.2%
£423,000 £160,000
lowest in 4 filed years
-
Net assets
-158%
£1,068,000 -£619,000
-
Employees
—
Not reported
-
Operating profit
+107.4%
-£2,792,000 £208,000
first positive since 2023
-
Profit before tax
+65.3%
-£4,787,000 -£1,662,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-02-16 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | -20.1% | — | — | — | -71.3% | 4.8% | |
| Net margin | — | -189.3% | — | — | — | -122.3% | -38.8% | |
| Return on capital employed | — | -1.7% | — | 28.4% | — | -11.6% | 0.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 98.0% | 101.1% | |
| Current ratio | — | — | — | — | — | 0.06x | 0.04x | |
| Interest cover | — | -1.14x | — | 11.97x | — | -1.88x | 0.11x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“During the year the Company is breached its interest cover and debt yield obligations under the National Westminster Bank Plc loan and the lender has waived these events of default. The financial covenants are next tested on 21 December 2025 for the 2025/26 academic year. Notwithstanding this the Company has received confirmation from its immediate parent company and ultimate controlling parties that further financial support will be provided for the foreseeable future to ensure compliance with banking covenants in a reasonable downside scenario.”
Significant events
- “On 17 June 2025, Moorfield Student Housing Limited acquired the outstanding loan balance owing from the Company's immediate parent undertaking to We Are Kin (Investments) Limited for consideration of £1,635,000. The novation of this loan resulted in a £417,431 reduction in the amounts due from the Company to the Company's immediate parent undertaking.”
- “On 15 July 2025, the Company voluntarily repaid £2,109,000 of the National Westminster Bank Plc loan, reducing the outstanding loan balance to £21,000,000.”
- “On 19 September 2025, the Company entered into an Amendment and Reinstatement Agreement with National Westminster Bank plc to extend the repayment date of the bank loan to 10 September 2027. As part of the Amendment and Reinstatement Agreement the financial covenants for the 2024/25 academic year were waived and the margin on the loan was reduced to 2.40%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERGUSON-DAVIE, Charles John | Director | 2025-06-17 | Oct 1978 | British |
| GILBARD, Marc Edward Charles | Director | 2025-06-17 | May 1962 | British |
| HALL, Steven | Director | 2025-06-17 | Jun 1977 | British |
| MALIM, Sadie Joanna | Director | 2025-06-17 | Mar 1980 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ELLIOTT, Thomas William Paul | Director | 2021-02-17 | 2025-06-17 |
| JONES, Richard Peter Crawshay | Director | 2021-02-17 | 2025-06-17 |
| MACKENZIE, David John | Director | 2021-02-17 | 2025-06-17 |
| YOUNG, Neil Brian | Director | 2021-02-17 | 2025-06-17 |
| YOUNG, Sylvana Giselle | Director | 2021-02-17 | 2022-12-22 |
| YOUNG, Sylvana Giselle | Director | 2021-02-17 | 2025-06-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wakmoor Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-17 | Active |
Filing timeline
Last 20 of 36 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-28 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-06-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-06 | AA | accounts | Accounts with accounts type full | |
| 2024-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-20 | AA | accounts | Accounts with accounts type full | |
| 2023-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-01 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 5
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.