LATIMER DEVELOPMENTS LIMITED
Get an alert when LATIMER DEVELOPMENTS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-05-26 (in 1y)
Last made up 2026-05-12
Watchouts
Cash
£57K
Latest balance sheet
Net assets
£3M
-88.4% vs 2024
Employees
—
Average over period
Profit before tax
-£28M
+11% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- LATIMER DEVELOPMENTS LIMITED 2016-12-01 → present
- WILLIAM SUTTON DEVELOPMENTS LTD 2005-05-13 → 2016-12-01
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £54,299,000 | £70,235,000 | |
| Operating profit | -£11,994,000 | £1,093,000 | |
| Profit before tax | -£31,366,000 | -£27,904,000 | |
| Net profit | -£23,444,000 | -£21,733,000 | |
| Cash | — | £57,000 | |
| Total assets less current liabilities | £531,652,000 | £542,498,000 | |
| Net assets | £24,576,000 | £2,843,000 | |
| Equity | £24,576,000 | £2,843,000 | |
| Average employees | — | — | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -22.1% | 1.6% | |
| Net margin | -43.2% | -30.9% | |
| Return on capital employed | -2.3% | 0.2% | |
| Gearing (liabilities / total assets) | 95.5% | 99.5% | |
| Current ratio | 19.78x | 28.74x | |
| Interest cover | -0.28x | 0.02x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing Latimer's divisional budget for 2025/26, medium-term forecast and based on normal strategic business planning and control procedures, the Board has a reasonable expectation that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements.”
Group structure
- LATIMER DEVELOPMENTS LIMITED · parent
- Broadmeadow Park Management Company Limited 100%
- Cocoa Works York Management Limited 100%
- Conningbrook Lakes Management Limited 100%
- Furness Quay Residents' Management Company Limited 100%
- Islington Wharf Ancoats Management Limited 100%
- Latimer Blackfriars Road Management Limited 100%
- Latimer Cocoa Works LLP 99%
- Latimer Green Lanes Limited 100%
- Latimer Green Lanes Management Limited 100%
- Latimer Kirkstall Limited 100%
- Latimer Media City Limited 100%
- Latimer Storrington Limited 100%
- Latimer (Tendring Colchester Borders Garden Community) Developments Limited 100%
- Latimer Twyford Abbey Limited 100%
- Latimer Weyburn Works Limited 100%
- Tollgate Gardens (NW6) Residents Management Company Limited 100%
- Your Lifespace Limited 100%
Significant events
- “The temporary increases to Stamp Duty Land Tax thresholds ended, as planned, at the end of March 2025, and while the approaching deadline lifted the number of sales completing in the final months of the year, the end of the reliefs is expected to depress sales values and volumes in the coming months.”
- “Gross margins on outright sales (excluding any impairment adjustments, or sales and marketing costs) improved to minus 3% (2024: minus 9%). The margin for the current year is 4% when excluding Broadmeadow Park, where a significant loss is being made as a result of the original contractor entering administration (2024: 5%).”
- “Latimer received £7.4 million of distributions from its JCEAs in the year (2024: £0.2 million).”
- “Following a review of the recoverability of Latimer's investments in and lending to its subsidiaries and JCEAs, a further £23.8 million in impairment has been recognised this year (2024: £9.1 million).”
- “In April 2024, the contractor entered voluntary liquidation.”
- “Following the general election in July 2024, it is still unclear what legislation will be proposed to reform to restrict ground rent for existing leases and this estimation uncertainty remains as at the date of signing these financial statements.”
- “During the year the company received distributions of £7,362,000 from Latimer Hill (Hardwick) LLP (2024: £197,000 from 72 Farm Lane Developments LLP).”
- “Sherwood Close (Phase 3) LLP was incorporated during the year, with the company as one of the 50% partners; Linden Homes (Sherford) LLP was already trading when the company became a 50% partner on 23 December 2024 and the loss shown above is only that which was recognised from this date.”
- “72 Farm Lane Developments LLP, Mace Develop Latimer Limited and Mace Develop Latimer (Stevenage) LLP had no assets or liabilities at 31 March 2024 and were subsequently dissolved during the year ended 31 March 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HYDE, Louise | Secretary | 2018-10-16 | — | — |
| COOK, Richard John | Director | 2019-02-11 | Aug 1971 | British |
| HATFIELD, Christopher John | Director | 2018-06-01 | Nov 1969 | British |
| HATTERSLEY, Mark | Director | 2019-01-21 | Sep 1966 | British |
| LUNTS, David Simon | Director | 2025-07-06 | Oct 1957 | British |
| MILLER, Clare | Director | 2018-10-16 | Dec 1962 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| AINSWORTH, Rhoderic Richard | Secretary | 2005-11-01 | 2007-07-06 |
| MILLER, Clare | Secretary | 2010-06-28 | 2018-10-16 |
| AFFINITY SUTTON GROUP LIMITED | Corporate Secretary | 2007-07-06 | 2010-06-28 |
| BROADWAY SECRETARIES LIMITED | Corporate Secretary | 2005-05-13 | 2005-11-01 |
| AINSWORTH, Rhoderic Richard | Director | 2005-11-01 | 2010-03-31 |
| ALLOCK, Sandra Christina | Director | 2006-03-22 | 2007-09-06 |
| COOKE, Ruth Margaret | Director | 2018-04-03 | 2018-10-02 |
| DALLAS, Lorraine Stewart | Director | 2005-11-01 | 2006-04-26 |
| EASTWOOD, Paul Richard | Director | 2006-05-01 | 2007-07-06 |
| EXFORD, Keith Philip | Director | 2017-01-31 | 2018-04-03 |
| FAHMY, Karima | Director | 2021-01-01 | 2025-08-31 |
| FORDHAM, David Simon | Director | 2018-02-16 | 2020-12-31 |
| KYRIACOU, Kerry | Director | 2007-09-06 | 2017-08-02 |
| LANE, Robert Edward | Director | 2019-05-01 | 2025-10-31 |
| LEWIS, David Anthony, Mr. | Director | 2016-11-29 | 2017-01-31 |
| LINDO, Malcolm Leslie | Director | 2005-11-01 | 2006-04-30 |
| MCCALL, Neil Bryden | Director | 2007-09-06 | 2016-11-29 |
| REID, Austen Barry | Director | 2017-08-07 | 2019-01-31 |
| REYNOLDS, Michelle | Director | 2016-11-29 | 2019-05-01 |
| ROGERS, Mark Christopher | Director | 2016-11-29 | 2017-01-31 |
| SEBAG-MONTEFIORE, Rupert Owen | Director | 2017-07-14 | 2025-07-15 |
| SMITH, Paul Vincent | Director | 2009-03-23 | 2009-11-12 |
| WASHER, Mark Wyatt | Director | 2007-09-06 | 2018-06-15 |
| BROADWAY DIRECTORS LIMITED | Corporate Director | 2005-05-13 | 2005-11-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-06 | SH01 | capital | Capital allotment shares | |
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-07 | CH01 | officers | Change person director company with change date | |
| 2025-04-07 | CH01 | officers | Change person director company with change date | |
| 2025-04-07 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2024-08-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-24 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-04 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+29.3%
£54,299,000 £70,235,000
-
Cash
—
Not reported
-
Net assets
-88.4%
£24,576,000 £2,843,000
-
Employees
—
Not reported
-
Operating profit
+109.1%
-£11,994,000 £1,093,000
-
Profit before tax
+11%
-£31,366,000 -£27,904,000
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