GILBERT AND GOODE LIMITED

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, through funding from its fellow subsidiary company, Ocean Housing Limited to meet its liabilities as they fall due for that period.”

Group structure

1. GILBERT AND GOODE LIMITED · parent
   1. Cornelius Drive Residents Management (Truro) Ltd. · England · Residents Management
   2. Lannanta Forge Residents Management (Lelant) Ltd. · England · Residents Management
   3. Melin Drive Residents Management Company Ltd. · England · Residents Management
   4. Copper Hills Management Company Ltd. · England · Residents Management
   5. The Maltings (Merton) Management Company Ltd. · England · Residents Management
   6. The Grove (Folly Gate) Management Company Ltd. · England · Residents Management
   7. Tremena View (St Erth) Management Company Ltd. · England · Residents Management

Significant events

• “The Company has had a challenging year in 2024/25, reporting a year-end profit before tax of £248,000 (2023/24: £2,038,000) which was significantly lower than targeted. The main reason for this fall in performance was 8 fewer sales than expected along with a substantial fall in margins at the Company's 2 sites in Devon, Merton and Folly Gate.”
• “In October 2024 the Company Managing Director resigned and throughout the second half of the year the Company was managed by the Ocean Group Deputy Chief Executive pending appointment of the permanent new full time Managing Director who took up post after yearend, in May 2025.”

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

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -2.6%

  £26,510,000 → £25,819,000

• Cash

  -32.4%

  £1,215,000 → £821,000

• Net assets

  +3.8%

  £4,937,000 → £5,124,000

• Employees

  -9.1%

  33 → 30

• Operating profit

  -84.5%

  £2,126,000 → £330,000

• Profit before tax

  -87.8%

  £2,038,000 → £248,000

• Wages

  +4.6%

  £2,476,000 → £2,590,000

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