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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2026-06-20 (in 1mo)

Last made up 2025-06-06

Watchouts

None on the register

Cash

£99M

+230.3% vs 2024

Net assets

£194M

+10.6% vs 2024

Employees

Average over period

Profit before tax

-£90M

-1,185.4% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £47,982,000£39,310,000
Operating profit -£10,397,000-£28,295,000
Profit before tax -£7,036,000-£90,444,000
Net profit -£7,327,000-£92,584,000
Cash £29,956,000£98,953,000
Total assets less current liabilities £467,510,000£455,114,000
Net assets £175,833,000£194,468,000
Equity -£175,833,000-£194,468,000
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 2024-03-312025-03-31
Operating margin -21.7%-72.0%
Net margin -15.3%-235.5%
Return on capital employed -2.2%-6.2%
Gearing (liabilities / total assets) 73.9%66.9%
Current ratio 1.76x2.49x
Interest cover -0.57x-1.65x

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
UK adopted international accounting standards
Reporting scope
Consolidated group
Auditor
Ernst & Young 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. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period to 31 March 2027.”

Group structure

  1. GREATER LONDON AUTHORITY HOLDINGS LIMITED · parent
    1. GLA Land and Property Limited 100%
    2. London Treasury Limited 100%
    3. London Power Co. Limited 100%
    4. Stratford East London Holdings 100% · dormant holding company
    5. London Stadium LLP 99%
    6. London Stadium 185 Limited 100%
    7. LTLF GP Limited 100%

Significant events

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

People

4 active · 10 resigned

Name Role Appointed Born Nationality
CLARKE, Andrea Secretary 2023-09-29
CURRY, Justine Anne Secretary 2023-09-29
BELLAMY, David John Director 2016-10-12 Aug 1975 British
STEER, Timothy James Director 2024-04-29 Aug 1977 British
Show 10 resigned officers
Name Role Appointed Resigned
CARTER, Howard Ernest Secretary 2012-02-10 2023-09-29
JONES, Martin Patrick William Secretary 2012-02-10 2015-08-07
ARNOLD, Michael Robert Director 2012-01-25 2012-02-10
CLARKE, Martin David Director 2012-02-10 2020-03-31
GALLIE, David John Director 2020-03-31 2023-06-30
HYATT, Rickardo Director 2021-01-01 2022-07-08
LUNTS, David Simon Director 2012-02-10 2020-12-31
RODRIGUES, Shirley Ann Director 2022-05-25 2024-05-04
UDNY-LISTER, Edward Julian, Lord Udny-Lister Pc Kt Director 2012-02-10 2016-05-09
EVERDIRECTOR LIMITED Corporate Director 2012-01-25 2012-02-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Greater London Authority Legal person Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 59 total filings

Date Type Category Description
2026-01-06 AA accounts Accounts with accounts type group
2025-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-25 AA accounts Accounts with accounts type group
2024-06-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-14 TM01 officers Termination director company with name termination date PDF
2024-04-30 AP01 officers Appoint person director company with name date PDF
2023-12-19 AA accounts Accounts with accounts type group
2023-10-06 AP03 officers Appoint person secretary company with name date PDF
2023-10-06 AP03 officers Appoint person secretary company with name date PDF
2023-10-06 TM02 officers Termination secretary company with name termination date PDF
2023-07-04 TM01 officers Termination director company with name termination date PDF
2023-06-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-04-03 AA accounts Accounts with accounts type group
2022-07-28 TM01 officers Termination director company with name termination date PDF
2022-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-26 AP01 officers Appoint person director company with name date PDF
2022-01-06 AA accounts Accounts with accounts type group
2021-06-21 AD02 address Change sail address company with old address new address PDF
2021-06-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-12 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

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.

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page