WESTFIELD UK & EUROPE FINANCE PLC

• ◆

  3 officer resignations in last 12 months

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

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of their assessment of the Company's financial position and the letter of support provided as set out above, the Directors believe that the Company will be able to meet its liabilities as they fall due and continue in operational existence for the going concern assessment period.”

Significant events

• “Profit for the year decreased compared to the previous year mainly due to higher losses on Euro denominated debt receivable as a result of the value of the Euro weakening against Sterling during the year.”
• “On 31 March 2025, the Company's intercompany loan receivable of £115.9m and associated accrued interest was settled. The Company used the proceeds of the loan repayment, a £78m drawdown under its revolving credit facilities and £118m of its existing cash reserves to repay the £300m Guaranteed Senior Notes and associated accrued interest.”

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

2

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

  +9.3%

  £74,521,452 → £81,478,059

• Cash

  +82.4%

  £2,394,264 → £4,366,174

• Net assets

  +35.2%

  £104,416,446 → £141,127,296

• Employees

  —

  Not reported

• Profit before tax

  -4%

  £42,896,055 → £41,196,639

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