WAIN HOMES (SEVERN VALLEY) LIMITED

1. WAIN HOMES (SEVERN VALLEY) LIMITED 2021-09-29 → present
2. WAINHOMES (SEVERN VALLEY) LIMITED 2017-06-06 → 2021-09-29
3. WAINHOMES DEVELOPMENTS LIMITED 2009-01-13 → 2017-06-06
4. WAINHOMES (NORTH WEST) LIMITED 2002-07-15 → 2009-01-13
5. LANGTREE PROPERTY COMPANY LIMITED 2001-08-15 → 2002-07-15
6. LANGTREE PROPERTIES LTD 2001-06-07 → 2001-08-15
7. LANGTREE PROPERTY COMPANY LIMITED 1999-05-24 → 2001-06-07
8. EVER 1091 LIMITED 1999-01-27 → 1999-05-24

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements using the going concern basis of preparation for the following reasons. The company's business activities, together with factors which the directors consider are likely to affect its development, financial performance and financial position are set out in the Strategic Report. As a member of the Wain Homes Group, the company meets its day-to-day working capital requirements through operating cash flows, and has its own cash resources and intercompany funding which is supported by bank borrowings provided to the Wain Homes Group.”

Group structure

1. WAIN HOMES (SEVERN VALLEY) LIMITED · parent
   1. Brooklands (Norton) Limited 100% · UK · Buying and selling of own real estate
   2. Eastern Villages (Swindon) Limited 100% · UK · Buying and selling of own real estate
   3. Yew Tree Walk (Stourport) Limited 100% · UK · Buying and selling of own real estate

Significant events

• “During 2024 our efforts to grow the business were impacted by grossly under resourced Local Planning Departments, delaying the granting of lawful planning permissions, and our planned site starts.”
• “Purchaser uncertainty around the direction of interest rates in H1 and no substitute for the old Help to Buy (HTB) scheme meant that 2023/24 was not as successful as previously anticipated.”
• “By the end of the year, we had received Planning on five new sites”

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

Filings

14

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

  -28.8%

  £64,851,000 → £46,166,000

• Cash

  -51.8%

  £15,263,000 → £7,351,000

• Net assets

  -31.3%

  £15,493,000 → £10,645,000

• Employees

  -4.7%

  64 → 61

• Operating profit

  -84.3%

  £9,157,000 → £1,437,000

• Profit before tax

  -186.8%

  £5,469,000 → -£4,746,000

• Wages

  -1.4%

  £4,374,000 → £4,311,000

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