NOTTING HILL COMMERCIAL PROPERTIES LTD

• ◆

  4 officer resignations in last 12 months

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

1. NOTTING HILL COMMERCIAL PROPERTIES LTD 1988-04-19 → present
2. NHHT COMMERCIAL PROPERTIES LIMITED 1981-12-31 → 1988-04-19
3. STRAYCURTAIN LIMITED 1980-10-20 → 1981-12-31

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received confirmation that the ultimate parent undertaking, Notting Hill Genesis will provide the necessary financial support to the company for at least twelve months after the date on which the report and financial statements are signed. The directors have assessed the ability of Notting Hill Genesis to provide such support over this period by reviewing its current financial position and other external factors which could potentially affect Notting Hill Genesis' future plans as set out within the group accounts report from the board. These include its cash flow forecasts for the year ahead to ensure they are reasonable, increases in rent arrears and voids, increase in inflation and interest rates, and tightening of liquidity among other factors. In making their assessment the board have also reviewed the various scenarios for potential mitigation to ensure the business can continue in the shorter and longer term and in compliance with all covenant and regulatory requirements. Mitigating actions, such as, stress testing its building contracts, sales, operating income, and cost. This stress testing found that the business plan is robust and does not affect Notting Hill Genesis' ability to meet its obligations. On this basis, and further discussions with the board of Notting Hill Genesis, the directors have reasonable expectations that Notting Hill Genesis has adequate resources to be able to provide the necessary financial support. As a result, the directors believe that preparing the financial statements on the going concern basis is appropriate and that no material uncertainty exists.”

Group structure

1. NOTTING HILL COMMERCIAL PROPERTIES LTD · parent
   1. Notting Hill Developments Limited 100% · England and Wales · Develops and sells properties
   2. Project Light Development 1 Limited 100% · England and Wales · Develops and sells properties
   3. Project Light Development 2 Limited 100% · England and Wales · Develops and sells properties
   4. Walworth Homes Limited 100% · England and Wales · Regeneration of the Aylesbury Estate.
   5. TLD Kidbrooke LLP 99% · England and Wales · Develops and sells properties
   6. Chobham Farm North LLP 50% · England and Wales · Development of 478 shared ownership, permanent rented, affordable keyworker and private for sale residential accommodation.
   7. Armada 1 South Development LLP 50% · England and Wales · To develop phase 1 of the Gallions Quarter sites.
   8. Spray Street Quarter LLP 50% · England and Wales · Develops and sells properties
   9. Gallions 2A Developments LLP 50% · England and Wales · Develops and sells properties
   10. Gallions 2B Development LLP 50% · England and Wales · Develops and sells properties

Significant events

• “There was a loss for the year of £863,000 (2024: profit of £10,376,000).”
• “Total assets as at 31 March 2025 were £226,269,000 (2024: £233,238,000), total liabilities of £1,123,000 (2024: £8,029,000) and total equity of £225,146,000 (2024: £225,209,000).”
• “The company plans to continue investing in development of property in the Greater London area.”
• “The company has put a hold on further investments in developments whilst the market conditions remain under review.”

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

Filings

14

last 12 months

Capital events

5

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +37%

  £678,000 → £929,000

• Cash

  -84.4%

  £480,000 → £75,000

• Net assets

  0%

  £225,209,000 → £225,146,000

• Employees

  —

  Not reported

• Operating profit

  -499%

  -£780,000 → -£4,672,000

• Profit before tax

  -108.8%

  £10,153,000 → -£889,000

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