REDCLIFFE HOMES LIMITED

1. REDCLIFFE HOMES LIMITED 1991-10-01 → present
2. REDCLIFFE PROPERTIES LTD 1984-01-04 → 1991-10-01
3. WEFSTAN LIMITED 1979-06-27 → 1984-01-04

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

S&W Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. At the year end the company had cash at bank and in hand of £13.9m (2024 - £11.8m) and net assets of £30.1m (2024 - £27.6m). The company therefore continues to adopt the going concern basis in preparing its financial statements. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. REDCLIFFE HOMES LIMITED · parent
   1. Redcliffe Estates Limited 1% · UK · dormant

Significant events

• “The Company has continued to incorporate a variety of sustainability features across its developments, including enhanced timber frame insulation, air source heat pumps, electric vehicle charging infrastructure and smart energy solutions, among other initiatives, exceeding current statutory requirements.”
• “The principal factor limiting business expansion remains the availability of high-quality, immediately developable land at commercially viable prices capable of delivering appropriate margins. The supply of such land continues to be restricted by challenges within the planning system, including shortages of suitably experienced and pragmatic planning officers and the extended timescales involved in progressing sites from outline planning consent to commencement on site, alongside an increasing number of planning and technical requirements. The prevailing interest rate environment, and its consequential impact on mortgage accessibility and the cost of business finance, has also contributed to these constraints.”

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

0

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

  -2.8%

  £41,695,562 → £40,522,131

• Cash

  +17.8%

  £11,825,184 → £13,931,542

• Net assets

  +9%

  £27,599,683 → £30,081,196

• Employees

  +11.8%

  34 → 38

• Operating profit

  -38.9%

  £7,134,257 → £4,357,545

• Profit before tax

  -38.6%

  £5,396,495 → £3,311,427

• Wages

  +16.9%

  £2,524,727 → £2,952,189

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