LAKESIDE CENTRE LIMITED

1. LAKESIDE CENTRE LIMITED 2021-01-21 → present
2. INTU LAKESIDE LIMITED 2013-02-15 → 2021-01-21
3. CSC LAKESIDE LIMITED 2001-02-14 → 2013-02-15
4. HACKREMCO (NO.1778) LIMITED 2001-01-19 → 2001-02-14

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future and will have adequate funds available to meet its obligations as they fall due.”

Significant events

• “In April 2024, the Group completed a landmark £445.0 million refinancing led by Lloyds Bank plc.”
• “The capital structure reorganisation has facilitated a shift to a new market standard governance and management structure for the Group.”
• “In May 2024, the previous board members resigned and new directors were appointed.”
• “The Group appointed a new asset manager for the Properties, Pradera Lateral Limited, in September 2024 and October 2024, respectively.”
• “Subdivision and reletting of the 164,000 sqft ex-M&S store in the centre of the scheme.”
• “The first unit to be created from this subdivision, a 26,000 sqft retail unit fronting onto the lower mall, has been let to JD Sports and is expected to open in Q3 2025.”
• “The letting to Next of the vacant ex-House of Fraser anchor store at the southern end of the centre is expected to open in July 2025.”
• “Terms have also been agreed with Holland & Barrett for a new lease including a major refurbishment of their unit.”
• “A total of 18 leases exchanged or completed in 2024, with a combined annual Net Rental Income of £2.5 million.”
• “Footfall for calendar year 2024 was 16.5 million, an increase of +0.1% on 2023.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -2.2%

  £54,700,000 → £53,500,000

• Cash

  +337.1%

  £3,500,000 → £15,300,000

• Net assets

  -13.3%

  -£545,800,000 → -£618,400,000

• Employees

  —

  Not reported

• Operating profit

  -52.4%

  £49,200,000 → £23,400,000

• Profit before tax

  -183.3%

  -£27,600,000 → -£78,200,000

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