BROOKGATE 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

Consolidated group

Auditor

Larking Gowen LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared a business plan and forecasts for the Group, which show that the Group will be able to operate within the bank facilities available – the plan includes cashflow forecasts which are regularly reviewed by the Board so that alternative action can be taken if there is significant deviation form the plan. Accordingly, the directors are satisfied that the Group can meet its liabilities as they fall due for the foreseeable future, being a period of not less than 12 months from the date of approval of these financial statements and have decided that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. BROOKGATE LIMITED · parent
   1. Brookgate Property Limited 100% · England and Wales · Commercial property trading and development
   2. Brookgate Land Limited 100% · England and Wales · Land trading and development
   3. Roselead Limited 100% · England and Wales · Provision of housing services under PFI contract
   4. Roselead (Wattisham) Limited 100% · England and Wales · Intermediate holding company
   5. Roselead Holdings Limited 100% · England and Wales · Intermediate holding company
   6. Brookgate Homes Limited 100% · England and Wales · Residential property development
   7. Brookgate Development Management Limited 100% · England and Wales · Planning and project management
   8. CB1 Management Company Limited 100% · England and Wales · Estate management
   9. CB4 Management Company Limited 100% · England and Wales · Estate management
   10. 3&4 Station Square Management Company Ltd 100% · England and Wales · Dormant
   11. Brookgate (Hills Road) Limited 100% · England and Wales · Dormant
   12. Greenways (Ravenswood) Limited 100% · England and Wales · Dormant
   13. Greenways Holdings Limited 100% · England and Wales · Dormant
   14. Spaceship Group Limited 100% · England and Wales · Dormant

Significant events

• “The company has completed the construction of a 50,000 sq.ft. building at 10 Station Road. Letting activity had been progressing well with a single tenant having agreed terms to take the whole building, however close to completion the tenant changed strategy and the building is currently vacant.”
• “The commercial development of the final site at CB1 is proving difficult to bring forward in the current market in terms of viability, given the need to reprovide all of the railway parking spaces; As a consequence the Directors have made an impairment provision of £4,061k against the costs expended on this project.”
• “A planning application for approximately 850,000sq.ft of commercial space and 425 homes was submitted in 2022. However due to the failure of the planning authority to consider the application in a timely manner, an appeal for non-determination was submitted to the Secretary of State in early 2023. The Secretary of State and his Department determined the appeal and granted permission for the development in April 2024.”

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

Filings

7

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

  -56.9%

  £28,828,655 → £12,421,621

• Cash

  +4.6%

  £8,563,587 → £8,956,788

• Net assets

  -6%

  £65,567,375 → £61,600,771

• Employees

  0%

  11 → 11

• Operating profit

  -93.8%

  £2,246,969 → £139,304

• Profit before tax

  -742,378.3%

  £277 → -£2,056,111

• Wages

  +3.8%

  £1,458,911 → £1,514,202

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