HELICAL PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. HELICAL PLC 2016-07-25 → present
2. HELICAL BAR PLC 1919-07-03 → 2016-07-25

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

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

IFRS

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis which assumes that the Group and the Company will continue in operational existence for at least twelve months from the date of authorisation of these financial statements. The Directors have considered the appropriateness of adopting a going concern basis in preparing the financial statements.”

Group structure

1. HELICAL PLC · parent
   1. Helical (Bicycle Group) Limited 50% · United Kingdom · Investment
   2. Barts L.P. 33% · Jersey · Investment
   3. Barts One Limited 33% · Jersey · Investment
   4. Barts Square First Office Limited 33% · Jersey · Investment
   5. Barts Square Residential Limited 33% · Jersey · Investment
   6. Barts Square One Limited 33% · Jersey · Investment
   7. Charhouse Place Limited 50% · United Kingdom · Development
   8. OBC Development Management Limited 50% · United Kingdom · Development
   9. Abbeygate Helical (Leisure Place) Limited 50% · United Kingdom · Investment
   10. Platinum (KWS) Limited 50% · United Kingdom · Development
   11. Platinum Paddington Limited 50% · United Kingdom · Development

Significant events

• “In April 2024, the Group exchanged contracts to sell 100 New Bridge Street, EC4 for a consideration of £245m. The property sold for £139.2m in October 2024, resulting in a gain on sale of £59.8m.”
• “The Group completed the sale of its 50% interest in The JJ Mack Building, EC1 to AshleyCapital for £139.2m.”
• “The Group entered into a joint venture with Orion Capital Managers to develop a site at 100 New Bridge Street, EC4.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  +4%

  £27,514,000 → £28,620,000

• Cash

  +167.2%

  £28,633,000 → £76,499,000

• Net assets

  +40.7%

  £302,877,000 → £426,094,000

• Employees

  -52.2%

  23 → 11

• Operating profit

  +6.6%

  £16,809,000 → £17,912,000

• Profit before tax

  +71.5%

  £5,592,000 → £9,588,000

• Wages

  +1.4%

  £4,633,000 → £4,697,000

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