MUSE (WARP 4) PARTNER LIMITED

1. MUSE (WARP 4) PARTNER LIMITED 2007-07-27 → present
2. AMEC (WARP 4) PARTNER LIMITED 2002-06-19 → 2007-07-27
3. THE SCHOOLS PARTNERSHIP LIMITED 1999-02-12 → 2002-06-19

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 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above, the Directors have formed a judgement that there is a reasonable expectation that the Company and the Group of which it is part have adequate resources to continue in operational existence for the going concern period which they determine to be until 31 May 2026. For this reason, they continue to adopt the going concern basis in the preparation of these Financial Statements. The period until 31 May 2026 has been assessed as appropriate following consideration of the budgeting cycles and typical contract lengths undertaken across the MS Group.”

Group structure

1. MUSE (WARP 4) PARTNER LIMITED · parent
   1. Warp 4 Limited Partnership 100% · UK · limited partner in Warp 4 Limited Partnership, which invests in and develops inner city regeneration projects
   2. Waterside Places Limited Partnership 50% · UK · undertaking residential developments in Manchester, Brentford, and Tottenham Hale. Joint venture with The Canal and River Trust to undertake regeneration of waterside sites.

Significant events

• “Included within the loss for the year in 2024 is an exceptional building safety charge of £1,064,000 (2023: credit of £1,307,000) in respect of the Company's share of constructive and legal obligations to remediate legacy building safety issues.”

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -18.8%

  £6,174,000 → £5,015,000

• Employees

  —

  Not reported

• Operating profit

  -166.2%

  £1,692,000 → -£1,120,000

• Profit before tax

  -166.2%

  £1,692,000 → -£1,120,000

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