TSP PHASE 1.1 GP LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to note 2 to the financial statements, which indicates potential adverse effects that could arise due to the Lendlease Group Strategy change. These events and conditions, along with the other matters explained in note 2, constitute a material uncertainty that may cast significant doubt on the Partnership's ability to continue as a going concern

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

  +761%

  £100 → £861

• Employees

  —

  Not reported

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to note 2 to the financial statements, which indicates potential adverse effects that could arise due to the Lendlease Group Strategy change. These events and conditions, along with the other matters explained in note 2, constitute a material uncertainty that may cast significant doubt on the Partnership's ability to continue as a going concern”

Group structure

1. TSP PHASE 1.1 GP LIMITED · parent
   1. TSP Phase 1.1 Nominee Co Limited 100% · United Kingdom · Property Development
   2. TSP Phase 1.1 Limited Partnership 0.01% · United Kingdom · Property Development
   3. TSP Phase 1 Plot LLP 0.01% · United Kingdom · Property Development
   4. TSP Phase 1 Retail LLP 0.01% · United Kingdom · Property Development
   5. TSP Plot 6 Residential Management Company Limited 0.01% · United Kingdom · Management Services

Significant events

• “On 27 May 2024 the Lendlease Group announced a strategy update with key actions to simplify the organisational structure, exit international construction and accelerate the release of capital from its offshore development project and assets The Group, and therefore the Company's focus for FY2026 is continuing to work through the impact of this Strategy update, building on the strong progress achieved to date”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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