CHOICES FOR GRAHAME PARK LIMITED

• ◆

  4 officer resignations in last 12 months

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

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

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The Grahame Park Estate is situated within the Local Authority of Barnet. Delivery vehicle for the regeneration of the Grahame Park Estate, by way of a long-term partnership agreement with LB Barnet. The regeneration is in two stages referred to as stages A and B. Stage A has reached practical completion delivering c700 homes. Stage B secured a hybrid planning consent in July 2020 for 2,088 residential homes. Stage B of the regeneration is to be constructed in three phases. Plot A of phase 1 is now on site. Plot B of phase 1, and phases 2 and 3 are still at planning stage.”

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

Filings

11

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  -87.3%

  £55,766,000 → £7,087,000

• Cash

  -76%

  £229,000 → £55,000

• Net assets

  -11.5%

  £901,000 → £797,000

• Employees

  —

  Not reported

• Operating profit

  +68.6%

  -£385,000 → -£121,000

• Profit before tax

  +95.3%

  -£2,212,000 → -£104,000

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