BBPS&N PROPERTY INVESTMENTS LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-07.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. BBPS&N PROPERTY INVESTMENTS LIMITED 2011-06-06 → present
2. BONHAMS KNIGHTSBRIDGE LIMITED 2004-03-26 → 2011-06-06
3. BONHAMS KNIGHSTBRIDGE LTD 2003-12-01 → 2004-03-26
4. BONHAMS & BROOKS CHELSEA LIMITED 2001-02-08 → 2003-12-01
5. HOPEBAND LIMITED 2000-12-21 → 2001-02-08

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group has prepared detailed forecasts through to 31 December 2026 (the "forecast period"). These forecasts, which include the impact of the refinancing described above, show that the Group will comply with its financial covenants (which include minimum EBITDA and liquidity levels) throughout the forecast period, maintaining adequate headroom. In reaching their conclusion on going concern, the Directors have considered the base forecasts which include the injections of additional capital into the business by Pemberton and applied downside sensitivities in respect of revenue and cost assumptions. The Company had cash at 31 December 2024 of £nil million (2023: £nil million). Based on these assessments and taking into account the refinancing and strengthened capital structure, and the written support that has been committed by Pemberton, the Directors have a reasonable expectation that the Company have adequate resources to continue in operational existence for the foreseeable future i.e. at least 12 months from date of signing these financial statements. Accordingly, the financial statements have been prepared on a going-concern basis.”

Group structure

1. BBPS&N PROPERTY INVESTMENTS LIMITED · parent
   1. Bonhams 1793 Limited · subleases 101 New Bond Street

Significant events

• “Post the year end the Group refinanced in order to provide additional liquidity. The refinance involved an additional loan with Pemberton.”
• “On 16 October 2025, the Group's controlling shareholder, Epiris LLP, completed a transaction to sell its interest in Vantage Bidco Limited (trading as Bonhams) to Pemberton, one of the Group's existing lenders. As part of the transaction, the Group's debt facilities were refinanced and significantly restructured. The refinancing resulted in a material reduction in gross borrowings and an improvement in the Group's liquidity position. The new capital structure provides enhanced financial flexibility and supports the Group's strategic growth objectives.”

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

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

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

  +3.7%

  £2,900,000 → £3,006,000

• Employees

  —

  Not reported

• Profit before tax

  -9.4%

  £117,000 → £106,000

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