STADIUM MK PROPERTIES LIMITED

1. STADIUM MK PROPERTIES LIMITED 2013-05-14 → present
2. STADIUM MK LIMITED 2007-09-21 → 2013-05-14
3. INTER MK(1) LTD 2001-09-13 → 2007-09-21
4. FENSHELF 177 LTD 2001-05-30 → 2001-09-13

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 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the net current asset and net asset position of the Company, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Following acquisition of Stadium MK Group Limited in August 2024, all external borrowings were repaid. The Directors of the ultimate parent company have reviewed and amended financial projections for the Group to reflect the direction and activities the new ownership want to invest into. These forecasts run through to 30 June 2026 ("the Forecast") and include a prudent forecast of ongoing business performance. These projections show the Group continuing as a going concern and as a result have issued a letter of support to the Company confirming that it will provide the necessary support to enable the company to continue as a going concern for the foreseeable future and for at least 12 months from the date of this report. Accordingly, the Directors of the Company continue to adopt the going concern basis of preparation.”

Significant events

• “On 9 August 2024, the full share capital of Stadium MK Group Limited was acquired by MKD Holdco Limited, a UK company owned by a consortium based in Kuwait. MKD Holdco Limited is considered not to be controlled by any one party by virtue of shareholding or any other means. As a result of this acquisition, Inter MK Limited and MRT Development Consultants Limited are no longer part of the Stadium MK Group. This acquisition also included the full settlement of external bank borrowings and balances held between Stadium MK Group and Inter MK Limited and MRT Development Consultants Limited.”

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

  -2.3%

  £66,006,631 → £64,460,445

• Employees

  —

  Not reported

• Operating profit

  0%

  -£2,060,000 → -£2,060,000

• Profit before tax

  0%

  -£2,060,000 → -£2,060,000

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