SPITFIRE BESPOKE HOMES LIMITED

• ◆

  5 officer resignations in last 12 months

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

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SPITFIRE BESPOKE HOMES LIMITED 2016-11-08 → present
2. I.M. PROPERTIES (NEW HOMES) LIMITED 2011-09-02 → 2016-11-08
3. I.M. PROPERTIES (BRIGHTON 1) LIMITED 2002-04-02 → 2011-09-02
4. PINCO 1741 LIMITED 2002-03-15 → 2002-04-02

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)

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company made a profit before tax during the year of £3,256,474. The business performed well and remained profitable. The directors have reviewed cash reserves at year end and the continued access to external funding against the requirement for cash in the short, medium and long term and are confident the company can meet its liabilities as and when they fall due. On this basis, the directors believe it appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. SPITFIRE BESPOKE HOMES LIMITED · parent
   1. Spitfire Properties (Newhall) Limited 100% · Property development

Significant events

• “The company made a profit before tax of £3.3m compared to a prior year loss of £4.8m including exceptional items.”
• “Spitfire was awarded the prestigious 5* HBF rating in Q1 2025 - a significant industry recognition.”
• “It received a distribution of £2,532,879 from Spitfire Properties (Newhall) Limited, which was recognised as dividend income on 6 May 2025.”
• “It declared a dividend of £9,623,357 to its parent, I.M. Properties Limited, on 14 May 2025, creating an equal intercompany creditor balance.”
• “Bonus shares of £9,635,176 were issued on 8 May 2025, with a subsequent capital reduction for the same value on 12 May 2025, to bring the total share capital back down to £875.”

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

Filings

20

last 12 months

Capital events

2

last 24 months

Officers appointed

4

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -10.3%

  £85,132,729 → £76,375,211

• Cash

  -75.8%

  £2,877,680 → £697,475

• Net assets

  +31.4%

  £6,725,039 → £8,836,378

• Employees

  -10.4%

  77 → 69

• Operating profit

  +85,134.1%

  -£8,789 → £7,473,643

• Profit before tax

  +167.4%

  -£4,830,581 → £3,256,474

• Wages

  -25.4%

  £5,146,891 → £3,839,396

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