UCL RESIDENCES LIMITED

1. UCL RESIDENCES LIMITED 1995-06-20 → present
2. DE FACTO 412 LIMITED 1995-03-16 → 1995-06-20

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on of their assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the going concern assessment period being to the end of July 2027. Therefore, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Total income has increased in the year by £1,510 (2024: increase of £1,715k against the previous year). This reflects income from both late summer 2024 and early summer 2025 combined. In summer 2024 the business was expanded to include One Pool Street in the Olympic Park which offers good quality facilities in a new location, alongside catering and classroom facilities. In summer 2025 business processes were streamlined to improve the general occupancy rate and a new PMS system was successfully trialled to help with allocating rooms and reporting.”
• “Property operating expenditure has increased by £1,804k in the year (2024: increase of £2,185 against the previous year). The increase reflects high apportioned costs in reactive maintenance and security.”
• “Demand for UCL's accommodation remains strong in 2025/26 with positive indicators that year-on-year growth in lettings income will be achieved. An increase in enquiries and confirmed bookings have been received from internal UCL departments and the UCL Language Centre (CLIE) for the Summer 2026 season.”

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

  +23.2%

  £6,499,800 → £8,009,627

• Cash

  -0.1%

  £42,144 → £42,111

• Net assets

  -17.3%

  -£6,858,696 → -£8,043,237

• Employees

  —

  Not reported

• Profit before tax

  -25.7%

  -£941,985 → -£1,184,541

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