NORD/LB PROJECT HOLDING LTD

1. NORD/LB PROJECT HOLDING LTD 2008-12-18 → present
2. NORD/LB PROJECT HOLDING PLC 2008-12-18 → 2008-12-18
3. NORD/LB NORDDEUTSCHE SECURITIES PLC 1988-12-07 → 2008-12-18

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

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. The directors have considered the Company's business model, the main risks and uncertainties of the business, as well as the current economic and political environment. On the basis of their assessment, they have concluded that the operating environment for PPP projects in the UK remains stable, therefore the Company's current financial position and future financial performance will not be adversely affected. The directors are not aware of any plans to terminate or significantly curtail activities and have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

1. NORD/LB PROJECT HOLDING LTD · parent
   1. PPP Services (North Ayrshire) Holdings Limited · to hold an investment in PPP Services (North Ayrshire) Ltd, an SPV whose principal activities are the provision of design, construction, finance and facilities management services to North Ayrshire Council (Scotland)
   2. FCC (East Ayrshire) Holdings Limited · to hold an investment in FCC (East Ayrshire) Ltd, an SPV whose principal activities are the provision of design, construction, finance and facilities management services to East Ayrshire Council (Scotland)
   3. Fire Support (SSFR) Holdings Limited · to hold an investment in Fire Support (SSFR) Ltd, an SPV whose principal activities are the finance, design and management of 10 new build fire stations for Stoke on Trent and Staffordshire Fire & Rescue Service under the UK Private Finance Initiative

Significant events

• “During the year 2024, no new PPP equity participations were acquired. The total value of the investments at the year-end was € 135,989 (2023 - €135,989) with equity participations being carried at cost less any impairment.”
• “There have been no significant events affecting the Company since the year end.”

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

Filings

2

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

  +836.3%

  £138,510 → £1,296,842

  highest in 3 filed years

• Cash

  +157.6%

  £786,939 → £2,027,395

  highest in 3 filed years

• Net assets

  +130.1%

  £948,688 → £2,183,241

  highest in 3 filed years

• Employees

  0%

  2 → 2

• Operating profit

  +1,066.6%

  £108,347 → £1,264,010

  highest in 3 filed years

• Profit before tax

  +1,066.6%

  £108,347 → £1,264,010

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers