ASI (KFAS) RE GP LLP
Get an alert when ASI (KFAS) RE GP LLP files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£12K
EUR 14,236
-79.9% vs 2024
Net assets
£0
EUR 0
Equity attributable
Employees
—
Average over period
Profit before tax
£0
EUR 0
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to note 1 to the financial statements which indicates that the LLP's ability to continue as a going concern is dependent on the continuous operation of the KFAS Real Estate Limited Partnership ("KFAS LP"), the entity to which the LLP act as a general partner. This is linked to the outcome of KFAS LP's solo investor, the Kuwait Foundation for the Advancement of Science's, review of their investment exposure and whether they will serve notice to terminate KFAS LP. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the LLP's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Profit before tax
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £367,350 | £373,165 | £127,523 | -65.8% | |
| Operating profit | — | £0 | £0 | — | |
| Profit before tax | — | £0 | £0 | — | |
| Net profit | £0 | £0 | £0 | — | |
| Cash | £710 | £60,791 | £12,204 | -79.9% | |
| Total assets less current liabilities | — | — | — | — | |
| Net assets | — | — | — | — | |
| Equity | — | £0 | £0 | — | |
| Average employees | — | — | — | — | |
| Wages | — | — | — | — | |
| Members' remuneration | — | — | — | — |
Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 0.0% | 0.0% | |
| Net margin | 0.0% | 0.0% | 0.0% |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 1 to the financial statements which indicates that the LLP's ability to continue as a going concern is dependent on the continuous operation of the KFAS Real Estate Limited Partnership ("KFAS LP"), the entity to which the LLP act as a general partner. This is linked to the outcome of KFAS LP's solo investor, the Kuwait Foundation for the Advancement of Science's, review of their investment exposure and whether they will serve notice to terminate KFAS LP. These events and conditions, along with the other matters explained in note 1, constitute a material uncertainty that may cast significant doubt on the LLP's ability to continue as a going concern.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ABRDN ALTERNATIVE HOLDINGS LIMITED | Corporate LLP Designated Member | 2020-11-23 | — | — |
| ABRDN INVESTMENTS HOLDINGS EUROPE LIMITED | Corporate LLP Designated Member | 2023-12-31 | — | — |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABERDEEN GENERAL PARTNER 1 LIMITED | Corporate LLP Designated Member | 2020-11-23 | 2023-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Abrdn Investments Holdings Europe Limited | Corporate entity | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2023-12-31 | Active |
| Aberdeen General Partner 1 Limited | Corporate entity | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2020-11-23 | Ceased 2023-12-31 |
| Abrdn Alternative Holdings Limited | Corporate entity | Voting 25–50% (LLP), Surplus assets 25–50% (LLP) | 2020-11-23 | Active |
Filing timeline
Last 20 of 24 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-18 | AA | accounts | Accounts with accounts type full | |
| 2026-01-07 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-03 | AA | accounts | Accounts with accounts type full | |
| 2024-11-22 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-10 | AA | accounts | Accounts with accounts type full | |
| 2024-04-16 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2024-04-16 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-04-12 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2024-04-12 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-02-01 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2024-01-19 | LLAP02 | officers | Appoint corporate member limited liability partnership with appointment date | |
| 2024-01-19 | LLTM01 | officers | Termination member limited liability partnership with name termination date | |
| 2024-01-11 | LLPSC02 | persons-with-significant-control | Notification of a person with significant control limited liability partnership | |
| 2024-01-11 | LLPSC07 | persons-with-significant-control | Cessation of a person with significant control limited liability partnership | |
| 2023-12-15 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-12-15 | AA | accounts | Accounts with accounts type full | |
| 2023-11-22 | LLCS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-28 | LLCH02 | officers | Change corporate member limited liability partnership with name change date | |
| 2022-11-28 | LLPSC05 | persons-with-significant-control | Change to a person with significant control limited liability partnership | |
| 2022-11-23 | LLCS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.