PEEL NRE DEVELOPMENTS ACQUISITIONS NO.1 LIMITED
Get an alert when PEEL NRE DEVELOPMENTS ACQUISITIONS NO.1 LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£631k
-63.9% vs 2025
Net assets
£77m
+50.7% highest in 3 filed years
Employees
0
Average over period
Profit before tax
£34m
-22.8% vs 2025
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Real Estate median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £3,667,000 | £4,724,000 | £4,563,000 | -3.4% | |
| Operating profit | £21,791,000 | -£50,650,000 | £41,026,000 | +181% | |
| Profit before tax | £15,842,000 | £44,019,000 | £34,004,000 | -22.8% | |
| Net profit | £12,298,000 | £33,739,000 | £25,999,000 | -22.9% | |
| Cash | £521,000 | £1,749,000 | £631,000 | -63.9% | |
| Total assets less current liabilities | £33,257,000 | £79,761,000 | £119,161,000 | +49.4% | |
| Net assets | £17,525,000 | £51,264,000 | £77,263,000 | +50.7% | |
| Equity | £17,525,000 | £51,264,000 | £77,263,000 | +50.7% | |
| Average employees | — | 0 | 0 | — | |
| 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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Return on capital employed | 65.5% | -63.5% | 34.4% | |
| Gearing (liabilities / total assets) | 84.0% | 67.9% | 62.3% | |
| Current ratio | 0.08x | 0.08x | 0.09x | |
| Interest cover | 3.66x | -7.63x | 5.84x |
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)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As the company is in a position of having net current liabilities at 31 March 2026, the directors have received confirmation that Peel Land Group UK Limited ("Peel") ... will continue to provide the necessary level of support to enable the company to continue to operate for the 12 months”
Significant events
- “On 2nd April 2025, Peel L&P Group Limited sold its investment in Peel NRE Developments Acquisitions No. 1 Ltd to Peel Land Group UK Limited.”
- “The Facility was extended on 31st March 2026 taking the committment value from £10m to £15m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLTON, Matthew Paul | Director | 2023-08-02 | Mar 1975 | British |
| EVES, Christopher | Director | 2025-05-19 | Jun 1985 | British |
| UNDERWOOD, Steven Keith | Director | 2021-11-26 | Mar 1974 | British |
| WHITTAKER, John | Director | 2021-11-26 | Mar 1942 | British |
| WHITWORTH, Mark | Director | 2023-05-03 | May 1966 | British |
| WILD, Stephen John | Director | 2025-05-06 | Nov 1970 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KITCHER, Myles Howard | Director | 2021-11-26 | 2024-01-26 |
| SCHOFIELD, John Alexander | Director | 2021-11-26 | 2023-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peel Land Group Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-04-02 | Active |
| Mrs Sheila Greenwood | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-26 | Ceased 2025-04-02 |
| Mr Christopher Eves | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-26 | Ceased 2025-04-02 |
| Mr John Whittaker | Individual | Shares 75–100% (as trust), Voting 75–100% (as trust), Appoints directors (as trust) | 2021-11-26 | Ceased 2025-04-02 |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-11 | AA | accounts | Accounts with accounts type full | |
| 2025-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-07 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-27 | AA | accounts | Accounts with accounts type small | |
| 2024-07-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-26 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-06-26 | CH01 | officers | Change person director company with change date | |
| 2024-06-26 | CH01 | officers | Change person director company with change date |
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.