HENRY BOOT DEVELOPMENTS 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

UK IAS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors expect that the Company and the group will have adequate resources, liquidity and available bank facilities to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the Financial Statements.”

Group structure

1. HENRY BOOT DEVELOPMENTS LIMITED · parent
   1. Henry Boot Developments (Saltwood) Limited · England · Inactive
   2. Henry Boot Tamworth Limited · England · Inactive
   3. Henry Boot Investments 1 Limited · England · Property development
   4. Henry Boot K Limited · England · Inactive
   5. Henry Boot Nottingham Limited · England · Inactive
   6. Investments (North West) Limited · England · Property development
   7. Plot 7 East Markham Vale Management Company Limited · England · Inactive
   8. Winter Ground Limited · England · Inactive
   9. Marboot Centregate Limited · England · Inactive
   10. Chocolate Works York Management Company Limited · England · Management company
   11. HBD Golden Valley Limited · England · Property development
   12. Wyvern Park Skipton Management Company Limited · England · Management company
   13. HBD Dev Co 1 Limited · England · Property development
   14. Airport Business Park Southend Management Limited · England · Management Company
   15. Airport Business Park (Quad) Management Limited · England · Management company
   16. HBD Summerhill Limited · England · Property development
   17. Henry Boot Deansgate Limited · England · Property development
   18. Henry Boot Cornwall House Limited · England · Property development
   19. HBD City Court Limited · England · Property development

Significant events

• “In 2024, the Company delivered a profit before tax of £15.4m (2023: £16.6m).”
• “In 2024, the Company, its subsidiaries and its joint venture companies completed schemes with a total gross development value (GDV) of £331m (HBD share £188m GDV; 2023: HBD share £111m GDV) of which 72% have been pre-let or pre-sold.”
• “Launched the Origin JV with Feldberg Capital, to accelerate HBD's development pipeline, with the aim to deliver c.£1bn of high quality industrial and logistics (I&L) schemes over the next seven years.”
• “£1.4bn development pipeline (HB share: £1.2bn GDV), 54% of which is I&L and a committed development programme of £124m GDV (HB share: £33m).”
• “Investment portfolio (IP) total property returns of 9.9%, well ahead of the CBRE UK Monthly Index (7.7%), with the market value including our share of JVs and assets held for sale now £107.4m (2023: £112.9m) after £10.4m of accretive sales.”
• “In December 2024 Henry Boot formed an I&L JV with Feldberg Capital, known as Origin. The venture is seeded with an initial portfolio of three sites from HBD's pipeline with a combined GDV of c.£100m (HB share: £25m).”
• “In January 2025, the JV secured a £54m development loan from BGO to fund the acquisition and development of the seed assets.”
• “On 16 June 2023 the High Court handed down a judgement in the case Virgin Media v NTL Trustees II Limited. The case centred on changes to the rules of pension schemes that were contracted out of SERPS.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -44%

  £93,723,431 → £52,485,473

• Cash

  -8.1%

  £947,299 → £870,503

• Net assets

  +18.1%

  £74,556,017 → £88,028,344

• Employees

  -3.8%

  53 → 51

• Operating profit

  -29.7%

  £14,321,170 → £10,065,237

• Profit before tax

  -6.9%

  £16,567,121 → £15,430,306

• Wages

  -4.7%

  £5,037,996 → £4,802,680

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