WATFORD CENTRE LIMITED

1. WATFORD CENTRE LIMITED 2021-01-21 → present
2. INTU WATFORD LIMITED 2013-02-15 → 2021-01-21
3. CSC HARLEQUIN LIMITED 2005-03-11 → 2013-02-15

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 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future and will have adequate funds available to meet its obligations as they fall due. In considering the appropriateness of this assumption, the directors have assessed the likelihood of whether the Company will be able to continue in operation for the foreseeable future versus the likelihood of either intending to or being forced to cease trading and place the Company into liquidation.”

Significant events

• “In April 2024, the Group completed a landmark £445.0 million refinancing led by Lloyds Bank plc ("Lloyds"), a new third party lender.”
• “2024 was a year of further progress and value creation for the Group. A reorganisation of the Group's capital structure was completed and a number of key asset management initiatives were delivered or agreed.”
• “At Atria Watford, the major asset management initiative is the subdivision and re-letting of the former John Lewis Partnership ("JLP") store... current year saw new openings of Peacocks-Bon Marche, Choice and B&M... a new agreement was signed with Flip Out.”
• “In total, 9 leases were exchanged or completed at Atria Watford (excluding the Charter Place extension) in 2024, with a combined annual Net Rental Income ("NRI") of £1.4 million.”
• “In May 2024, the previous board members resigned and new directors were appointed.”

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

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +7.1%

  £15,500,000 → £16,600,000

• Cash

  +380%

  £1,000,000 → £4,800,000

• Net assets

  -10.7%

  -£264,900,000 → -£293,200,000

• Employees

  —

  Not reported

• Operating profit

  -36.4%

  £6,600,000 → £4,200,000

• Profit before tax

  -163.3%

  -£12,000,000 → -£31,600,000

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