MCLAGAN INVESTMENTS LIMITED

• ⚠

  Material uncertainty over going concern

  Notwithstanding the Company's net current liabilities of £975.5m (2023: £1,186.2m), the financial statements for the year ended 31 December 2024 have been prepared on the going concern basis as the Directors have determined that the Company has sufficient resources and liquidity facilities to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements ('the going concern period').

1. MCLAGAN INVESTMENTS LIMITED 1987-07-09 → present
2. DELROSE LIMITED 1987-04-30 → 1987-07-09

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

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Notwithstanding the Company's net current liabilities of £975.5m (2023: £1,186.2m), the financial statements for the year ended 31 December 2024 have been prepared on the going concern basis as the Directors have determined that the Company has sufficient resources and liquidity facilities to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements ('the going concern period').”

Group structure

1. MCLAGAN INVESTMENTS LIMITED · parent
   1. The Burwood House Group Limited 100% · England & Wales · retail property investment, development and management
   2. Reach Belvedere Limited 100% · England & Wales · dormant entity
   3. Chorley Renaissance Limited 100% · England & Wales · formerly a property rental company
   4. Kent Nominee 1 Limited 100% · Jersey · dormant entity
   5. Kent Nominee 2 Limited 100% · Jersey · dormant entity

Significant events

• “On 1 July 2025, McLagan Investments Limited, entered into, amongst others, a supplemental security agreement to a security agreement originally dated 12 February 2021 as amended, supplemented from time to time and to the relevant material real property charge as amended and/or supplemented from time to time (the "Existing Security Agreement") as part of the issuance of the €700m 8.0% Senior Secured Notes due July 2031 and which were issued by an intermediate parent company (Bellis Acquisition Company PLC).”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  -23%

  £366,519,000 → £282,073,000

• Cash

  +24.5%

  £6,472,000 → £8,060,000

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +61.2%

  £134,475,000 → £216,743,000

• Profit before tax

  +291.4%

  £42,864,000 → £167,762,000

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