CIB PROPERTIES LIMITED

• ⚠

  Material uncertainty over going concern

  The Board of Directors has determined that it is unlikely to secure new business prospects in the foreseeable future for this entity thus they intend to liquidate the Company following the distribution of the remaining net assets. As a result, the financial statements have been prepared on a non-going concern basis.

1. CIB PROPERTIES LIMITED 1985-08-05 → present
2. HACKREMCO (NO.223) LIMITED 1985-05-22 → 1985-08-05

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 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Board of Directors has determined that it is unlikely to secure new business prospects in the foreseeable future for this entity thus they intend to liquidate the Company following the distribution of the remaining net assets. As a result, the financial statements have been prepared on a non-going concern basis.”

Significant events

• “On 23 September 2025, the board of Directors approved the issue of £12,000,000 ordinary shares at a price of £1 each for cash and for these to be allotted to Citigroup Global Markets Europe Finance Limited.”
• “On 16 December 2025, following the lease termination approval, the Board of Directors approved the reduction of the existing share capital by extinguishing £100,233,149 Ordinary shares of £1 each.”

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

Filings

7

last 12 months

Capital events

4

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

  —

  Not reported

• Cash

  +5.6%

  £124,438,000 → £131,351,000

• Net assets

  +113.8%

  £13,912,000 → £29,747,000

• Employees

  —

  Not reported

• Operating profit

  +82.7%

  -£31,487,000 → -£5,432,000

• Profit before tax

  +48.9%

  -£49,230,000 → -£25,153,000

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