CHAPELFIELD RESIDENTIAL LIMITED

1. CHAPELFIELD RESIDENTIAL LIMITED 2022-10-17 → present
2. INTU CHAPELFIELD RESIDENTIAL LIMITED 2013-03-01 → 2022-10-17
3. CSC CHAPELFIELD RESIDENTIAL LIMITED 2002-05-14 → 2013-03-01
4. SHELFCO (NO.2700) LIMITED 2002-02-01 → 2002-05-14

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In forming this opinion, they have been required to consider the effect of the crystallisation of the liability associated with the cladding and other rectification works which have created a significant liability in the accounts. Whilst the directors have a reasonable expectation that this liability will be largely, if not entirely, offset by a recovery of the costs on the works from the original contractors, the scope, value and timing of this recovery is still being negotiated. Under a letter of support dated 1 July 2025 The Chapelfield Partnership LP have confirmed their intent that they will take reasonable steps to ensure the ongoing operations of Chapelfield Residential Limited until at least 12 months following the signing of the accounts.”

Significant events

• “Cladding issues on the investment property: Following the Grenfell tower disaster in 2017, the Building Safety Act 2022 ("the Act") was brought in to help address and rectify issues with cladding and other building safety issues. Whilst the Chapelfield development was originally constructed and developed in 2005 and, the current owners of the Chapelfield development were not involved in the original construction, Chapelfield Residential Limited have acknowledged their responsibility as a conscientious 'Developer' for the purposes of the Act and have notified the leaseholders.”
• “Contingent assets: It is anticipated that the original contractors will bear ultimate liability for the majority of the rectification costs referred to in note 13. However, discussions remain ongoing, and the values and scope are still subject to agreement. As such, a value has not been included and no asset or offset to the liability has been recognised in the accounts.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5%

  £9,000 → £9,450

• Cash

  —

  Not reported

• Net assets

  -0.2%

  -£5,821,181 → -£5,834,688

• Employees

  —

  Not reported

• Operating profit

  +51%

  -£35,020 → -£17,167

• Profit before tax

  +61.1%

  -£35,020 → -£13,639

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