THE PLACE LONDON BRIDGE LIMITED

1. THE PLACE LONDON BRIDGE LIMITED 2012-10-26 → present
2. NEW LONDON BRIDGE HOUSE LIMITED 2003-09-11 → 2012-10-26
3. ELMSBURY LIMITED 2003-07-15 → 2003-09-11

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

KPMG Channel Islands Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At 31 December 2024 the company's balance sheet shows cash of £8 thousand (2023 £8 thousand) and net liabilities and net current liabilities of £0.4 million (2023 £0.4 million). Net liabilities include liabilities due to a related party, LBQ6, of £0.6 million (2023 £0.6 million). The directors regularly review the cash flow requirements of the company. On 11 April 2025 the company received a letter of support from LBQ Six Limited ("LBQ6") confirming that LBQ6 will provide financial support, to the extent that money is not otherwise available, to assist in meeting any liabilities as and when they fall due and specifically agreeing' to fund residual development and any future costs of operating the company.”

Significant events

• “The company is no longer actively operating and is unlikely to do so in the future. Some progress was made in 2024 with these agreements and it is hoped that the arrangements will be completed in 2025. Completion of these arrangements is also expected to see the recovery from UK Power Networks of a security deposit of £170 thousand (note 9).”
• “The Finance Act 2021 introduced an increase in the rate of UK corporation tax from 19.0% to 25.0% from April 2023. The impact of the tax rate increase on the company is expected to be minimal following the execution of the restructuring plan whereby the company became a subsidiary of a UK REIT.”

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

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

  —

  Not reported

• Cash

  0%

  £8,000 → £8,000

• Net assets

  +0.7%

  -£448,000 → -£445,000

• Employees

  —

  Not reported

• Profit before tax

  -72.7%

  £11,000 → £3,000

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