HALCROW (CONSULTING ENGINEERS & ARCHITECTS) LIMITED

• ⚠

  Material uncertainty over going concern

  The Company has taken on no new projects in the period and is focused on the completion of exisiting projects. It is the intention of the Directors to wind-up the Company's affairs in the medium term and as such the accounts have not been prepared on a going concern basis. There have been no amendments to the amounts disclosed on the balance sheet due to preparing the financial statements on a non-going concern basis.

1. HALCROW (CONSULTING ENGINEERS & ARCHITECTS) LIMITED 1989-02-10 → present
2. HALCROW & CO. (CONSULTING ENGINEERS & ARCHITECTS) 1982-01-28 → 1989-02-10
3. HALCROW & CO.(CONSULTING ENGINEERS) 1972-03-09 → 1982-01-28

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Company has taken on no new projects in the period and is focused on the completion of exisiting projects. It is the intention of the Directors to wind-up the Company's affairs in the medium term and as such the accounts have not been prepared on a going concern basis. There have been no amendments to the amounts disclosed on the balance sheet due to preparing the financial statements on a non-going concern basis.”

Significant events

• “Turnover decreased from £3,070k in the year to 29 September 2023 to £1,136k in the year to 30 September 2024. The decrease in revenue compared to the prior year is primarily attributable to the completion and closure of eight (8) legacy CH2M contract supervision projects during FY23, which contributed approximately £325k in revenue in last year. In the current year, no revenue was recognised from these projects as they were fully closed.”
• “Net assets increased from a loss of £25,790k in the year to 29 September 2023 to a profit of £ 4,549k in the year to 30 September 2024. The movement is primarily attibutable to the Company issuing 1 ordinary share at a nominal value of £1 per share to Halcrow International Limited for £30,065,065, the cash consdieration was left outstanding as an intercompany debt owed by Halcrow International Limited. This debt was then offset against the intercompany balance due from the company to Halcrow Consulting Limited by agreement from all parties.”
• “The company has recorded a profit before tax of £937k in the current financial period (2023: £1.831k), the movement compared to prior year is mainly as result of the other income reported in relation to legal fees reimbursement regarding the settlement of the Lusail legal case as explained in note 4.”
• “On 16th September 2025, as per a board resolution, the Company approved the transfer of 1 ordinary share with a nominal value of GBP 1.00. This share, previously held jointly by Halcrow Consulting Limited and Halcrow International Limited, was transferred to CH2M Hill Europe Limited.”
• “During the year, the Company undertook intercompany loan write-offs totalling £480,797.”
• “During the period end, this case has been settled with the customer. The branch has received QAR 33 million (approx. £ 7.5 million) from COWI in Dec 2023 and QAR 18.4 million (approx. £4.2 million) received from the Insurance Company. On 11 December 2023 the Branch made a payment of QAR 30 million to the customer. Refer to note 4 and 12.”

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

Filings

6

last 12 months

Capital events

3

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.

• Turnover

  -63%

  £3,069,833 → £1,136,307

• Cash

  -82.1%

  £8,539,765 → £1,527,878

• Net assets

  +117.6%

  -£25,790,260 → £4,548,787

• Employees

  -17.9%

  56 → 46

• Operating profit

  -2,818%

  £471,960 → -£12,827,643

• Profit before tax

  -48.8%

  £1,830,990 → £936,941

• Wages

  -29.3%

  £5,524,338 → £3,904,522

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