LONDON & REGIONAL (HC PROPERTIES) LIMITED

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company was in a net current liabilities position as at 31 December 2024. This position was due to amounts payable to group undertakings. The main creditor to the company, London and Regional Properties Limited, has confirmed that it will not call for the repayment of the outstanding amount of £98.0m within 12 months from the date of approval of these financial statements, if this were to mean the company would not be able to meet its liabilities as they fell due. A Board approved forecast, which includes cash flow projections for at least 12 months from the date of signing the financial statements, has been prepared. The directors are comfortable having regard to the available facilities and projected liquidity that the company, with the continued financial support of intermediate parent company, London and Regional Group Property Holdings Ltd, has sufficient cash headroom and will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of signing of the financial statements. The directors have received confirmation that London and Regional Group Property Holdings Ltd intends to support the company for at least 12 months after these financial statements are signed. Based upon this view these financial statements have been prepared on a going concern basis.”

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

Filings

19

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +5.9%

  £20,598,000 → £21,819,000

• Cash

  —

  Not reported

• Net assets

  +10.5%

  £248,073,000 → £274,160,000

• Employees

  —

  Not reported

• Operating profit

  +54%

  £21,704,000 → £33,420,000

• Profit before tax

  +70.1%

  £19,346,000 → £32,901,000

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