NATIVE PLACES LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. NATIVE PLACES LIMITED 2021-04-01 → present
2. GO NATIVE LIMITED 1997-12-10 → 2021-04-01

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Having reviewed the Company's future cash requirements and forecast receipts, the Directors expect that the Company will have adequate resources to continue in existence for at least the next twelve months from the date of approval of these financial statements. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.”

Significant events

• “From April 1st 2023 Native Bankside a 75-unit hotel moved from a lease to a management agreement structure.”
• “From July 1st 2024 Native Places Ltd has been acquired wholly by numa Group GmbH (numa) a German serviced apartments operator.”
• “On 1 July 2024, numa Group GmbH acquired 100% of the shares of Native Places Limited from Native Holdings Limited. The consideration was £18,500,000 plus cash, less the Seller Payable and Debt, and plus the Working Capital Adjustment.”
• “The Company has agreed plans to refurbish a number of aparthotels during 2024/2025 and when completed will provide a significant increase in revenue and fees for Native.”
• “In January 2025 Native ceased to manage a 23 unit in Fulham and an 82 unit block in Edinburgh, both of which were under management agreements, due to the sale of those assets.”
• “At the year-end date the Company was contractually committed to spend £3.8m (2022: £1.1m), of which £2m is for Sussex Gardens refurbishment program planned in H1 2025 and £1.8m for Ducie Street densification project planned for H2 2024.”

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

Filings

9

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -4.6%

  £25,354,607 → £24,180,503

• Cash

  -61.9%

  £2,622,344 → £998,818

• Net assets

  +6.8%

  -£26,380,705 → -£24,579,076

• Employees

  -7.7%

  286 → 264

• Operating profit

  +136.6%

  £2,798,393 → £6,619,885

• Profit before tax

  +153.3%

  -£3,377,138 → £1,801,629

• Wages

  -4.8%

  £7,443,493 → £7,086,578

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