ONE HYDE PARK 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

Buzzacott Audit 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. The financial statements continue to be prepared on a going concern basis.”

Significant events

• “The High Court hearing concerning the ongoing dispute with Laing O'Rourke Construction South Limited ("South") ... was heard in Court in February 2025. We continue to await the judgement...”
• “subsequent to the year-end we received a letter on 12 February 2025 stating that LOR was not prepared to continue to fund the litigation and had withdrawn its financial support for South. South was subsequently entered into administration and liquidation proceedings commenced.”
• “Corrosion of the chilled water pipes and butterfly valve failures remain. Our pre-trial work indicated that the cost of repairs would be in the region of £30 million, spread over the anticipated ten-year life of the remediation project.”

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

1

last 12 months

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

• Turnover

  -5.7%

  £11,999,539 → £11,321,506

• Cash

  -22.5%

  £8,670,606 → £6,718,856

• Net assets

  0%

  £91 → £91

• Employees

  -1.2%

  82 → 81

• Operating profit

  -12.5%

  -£225,341 → -£253,454

• Profit before tax

  +15.2%

  £47,312 → £54,500

• Wages

  +6.9%

  £3,226,637 → £3,449,339

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