BIRCH SITES LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements have been prepared on a going concern basis, which presumes that the Company has adequate resources to remain in operation, and that the Directors intend it to do so, for at least one year from the date the financial statements are signed. The Company is expected to generate positive cash flows in the next twelve months. In addition, the Directors expect to be in a position to draw on intercompany loans, should this liquidity be required for the Company to meet its future obligations as they fall due.”

Group structure

1. BIRCH SITES LIMITED · parent
   1. Port Greenwich Limited 100% · England and Wales · Property development

Significant events

• “During the year, the Company sold 4 sites (2024: 5 sites) to third parties resulting in a profit on sale of fixed assets of £555,000 (2024: £11,365,000). Also included in profit on sale of fixed assets is £21,956,000 (2024: £5,412,000) of additional contingent proceeds received in respect of historic sales.”
• “In addition, the Directors have reviewed the environmental, onerous gas holder demolition and other provisions and increased the charge to administrative expenses by £8,016,000 (2024: £2,722,000) to reflect land remediation estimates.”
• “Following a site valuation assessment, an impairment charge of £2,953,000 (2024: £2,530,000 impairment reversal) has been recognised to reflect the latest valuation estimates.”
• “During the year, 3 sites (2024: 1 site) and corresponding property, plant and equipment with a net book value of £2,482,000 (2024: £2,000,000) were reclassified as held for sale and are expected to be disposed of in the next financial year.”
• “Subsequent to the year end, the Company has sold 1 site to third parties for value of £800,000. This sites was classed as held for sale as at the year end.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -36.3%

  £1,669,000 → £1,063,000

• Cash

  —

  Not reported

• Net assets

  +15.8%

  £64,369,000 → £74,540,000

• Employees

  —

  Not reported

• Operating profit

  -227.2%

  £6,869,000 → -£8,740,000

• Profit before tax

  -35.4%

  £25,257,000 → £16,320,000

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