HILLS HOMES DEVELOPMENTS 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

BDO 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 Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The company acquired more land in Wroughton, Swindon and exchanged contracts to acquire a significant site in Kingsdown, Swindon.”
• “Following the recent easing in delays experienced we have started to build our work in progress back up to pre pandemic levels and this will accelerate during the current year.”
• “The bank loan facility of up to £20,000,000 was renewed for 5 years to expire on 26th November 2030, after the balance sheet date.”
• “Since the year end the Bank of England has reduced interest base rates (after 13 consecutive rises).”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -35.7%

  £10,950,000 → £7,045,000

• Cash

  -26.4%

  £72,000 → £53,000

• Net assets

  -2%

  £12,065,000 → £11,824,000

• Employees

  -15.8%

  19 → 16

• Operating profit

  -57.1%

  £2,709,000 → £1,161,000

• Profit before tax

  -59.8%

  £2,466,000 → £991,000

• Wages

  -12.6%

  £1,029,000 → £899,000

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