KIER HGP TUNBRIDGE WELLS LLP

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

  +2,700%

  £2,000 → £56,000

• Net assets

  +12.1%

  £4,042,000 → £4,532,000

• Employees

  —

  Not reported

• Operating profit

  -114.3%

  -£105,000 → -£225,000

• Profit before tax

  -109.3%

  -£172,000 → -£360,000

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

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. KIER HGP TUNBRIDGE WELLS LLP 2024-01-19 → present
2. KIER HGP DEVCO 1 LLP 2023-05-23 → 2024-01-19

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The members are required to consider whether the LLP can continue in operational existence during the going concern period, which the members have determined to be until 31 March 2027. The LLP relies primarily on equity loan notes provided by the joint venture partners. The LLP has agreed heads of term in regarding to taking out debt to fund the deferred land payment of £2.7m, which is due for repayment in July 2026, as well as the construction phase of the project. Currently, the LLP has £1.0m of loan notes remaining to draw down from the joint venture partners under the loan agreement. In the event of a funding shortfall prior to securing the debt funding, the members have obtained confirmation from Kier Group plc of its intention to provide ongoing financial support to the LLP for at least 12 months from the approval date of these financial statements, in proportion to its ownership interest. Additionally Kier Group plc will advance at least £2.7m of funding to the LLP to cover the deferred land payment should external debt financing not be arranged by the time the payment falls due in July 2026. On this basis, the members have concluded that the LLP will continue in operational existence for at least 12 months from the date of approval of these financial statements.”

Significant events

• “After the year end, the LLP has negotiated an extension on deferred land payment from January 2026 to July 2026.”

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

Filings

2

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.