WESTFERRY DEVELOPMENTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-04 (in 6mo)
Last made up 2025-10-21
Watchouts
None on the register
Cash
£797K
+2.6% vs 2023
Net assets
£70M
-2.7% vs 2023
Employees
4
0% vs 2023
Profit before tax
-£2M
-26.9% vs 2023
Name history
Renamed 1 time since incorporation
- WESTFERRY DEVELOPMENTS LIMITED 2017-01-24 → present
- NORTHERN & SHELL INVESTMENTS NO.2 LIMITED 2012-04-11 → 2017-01-24
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £5,000 | £0 | |
| Operating profit | -£452,000 | -£512,000 | |
| Profit before tax | -£1,760,000 | -£2,234,000 | |
| Net profit | £420,000 | -£1,955,000 | |
| Cash | £777,000 | £797,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | £71,779,000 | £69,824,000 | |
| Equity | £71,779,000 | £69,824,000 | |
| Average employees | 4 | 4 | |
| Wages | £323,000 | £363,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -9040.0% | — | |
| Net margin | 8400.0% | — | |
| Current ratio | 3.99x | 3.49x | |
| Interest cover | -0.34x | -0.29x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the financing required to continue to fund the development of the company's site in London's Docklands. These expenditures are to be financed by other companies of the Northern & Shell group. Consequently, the ultimate parent company, Northern & Shell Plc, has indicated its intention to make available such funds as are needed by the company until at least 12 months from the date of approval of these financial statements.”
Significant events
- “Work is currently underway to discharge various planning conditions prior to development and, following receipt of several unsolicited enquiries, the company has engaged Savills to run a sale process for the Westferry development, which may possibly result in the sale of the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SANDERSON, Robert | Secretary | 2012-04-11 | — | — |
| ELLICE, Martin Stephen | Director | 2012-04-11 | Apr 1957 | British |
| MARTIN, Richard John | Director | 2014-02-10 | Jul 1971 | British |
| RANCOMBE, Digby Benedict | Director | 2016-07-08 | Oct 1976 | British |
| SANDERSON, Robert | Director | 2012-04-11 | Jun 1960 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Clive Desmond | Individual | Significant influence | 2016-04-06 | Active |
| Northern & Shell Properties Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 48 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-21 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-14 | SH01 | capital | Capital allotment shares | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-28 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-06 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full | |
| 2022-04-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-29 | AA | accounts | Accounts with accounts type full | |
| 2021-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-02 | AA | accounts | Accounts with accounts type full | |
| 2020-04-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-01-02 | SH01 | capital | Capital allotment shares | |
| 2019-06-18 | AA | accounts | Accounts with accounts type full | |
| 2019-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-06-22 | AA | accounts | Accounts with accounts type full | |
| 2018-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-100%
£5,000 £0
-
Cash
+2.6%
£777,000 £797,000
-
Net assets
-2.7%
£71,779,000 £69,824,000
-
Employees
0%
4 4
-
Operating profit
-13.3%
-£452,000 -£512,000
-
Profit before tax
-26.9%
-£1,760,000 -£2,234,000
-
Wages
+12.4%
£323,000 £363,000
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