FUGRO PROPERTIES LIMITED

• ⚠

  Material uncertainty over going concern

  Now the company has completed its remaining trading activities and contractual obligations, the director has a reasonable expectation that the company will cease all operational existence and intend to place the company into voluntary liquidation in the near future. Accordingly, the director adopts a basis other than going concern in preparing the financial statements. Adopting a basis other than going concern has not given rise to any adjustments.

1. FUGRO PROPERTIES LIMITED 2003-04-13 → present
2. SONAVISION LIMITED 1998-01-14 → 2003-04-13

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Now the company has completed its remaining trading activities and contractual obligations, the director has a reasonable expectation that the company will cease all operational existence and intend to place the company into voluntary liquidation in the near future. Accordingly, the director adopts a basis other than going concern in preparing the financial statements. Adopting a basis other than going concern has not given rise to any adjustments.”

Significant events

• “On the 1st of April 2024 the business assets and liabilities of Fugro Properties Limited were transferred to Fugro GB Limited. The company re-organisation was strategically planned to simplify the administration of Fugro's property portfolio and provide cost savings.”
• “The property leases were transferred to Fugro GB Limited on the 1st of April 2024.”

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

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

0

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

  -82.3%

  £4,356,000 → £769,000

• Cash

  -100%

  £30,000 → £0

• Net assets

  -100%

  £6,707,000 → £0

• Employees

  —

  Not reported

• Operating profit

  -60.1%

  £962,000 → £384,000

• Profit before tax

  +19.6%

  £158,000 → £189,000

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