MIDSUMMER PLACE LIMITED

1. MIDSUMMER PLACE LIMITED 2023-08-08 → present
2. INTU MILTON KEYNES LIMITED 2015-04-10 → 2023-08-08
3. INTU MIDSUMMER LIMITED 2013-03-19 → 2015-04-10
4. INTU SHELFCO 10 LIMITED 2013-02-15 → 2013-03-19
5. INTU PROPERTIES LIMITED 2012-07-06 → 2013-02-15

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

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As a result, the directors consider that the going concern basis of preparation is appropriate for the company's financial statements for the year ended 31 December 2024 and there exists no material uncertainty as to the company's ability to continue as a going concern for a period of at least 12 months from the date of approving these financial statements.”

Significant events

• “The company continued to progress its revitalisation plan which in 2024 saw the ex-Debenhams department store space reconfigured to accommodate Frasers taking 80,000 Square feet and opening both Flannels and Sports Direct on the ground and first floor space. The centre also secured a new leisure and bowling offering, with Lane 7 taking 40,000 square feet which is its biggest location in the UK.”
• “Flannels and Sports Direct began trading in November 2024 and Lane 7 opened in March 2025.”
• “The Company completed its refinancing on 4 August 2023.”
• “The original maturity date of 31 December 2024 was subsequently extended to 31 August 2025 and has recently been extended again to 31 March 2026, with an automatic extension to 31 August 2026 if the property has not been sold by the end of March 2026.”
• “On 29 July 2025, the lenders agreed to extend the maturity of all debt facilities to 31 March 2026, with an automatic extension to 31 August 2026 if the property has not been sold by the end of March 2026.”
• “At 31 December 2024, the company had a contractual obligation to pay £650,000 to the tenant, conditional upon the premises opening for public trade. This condition had not been met at the reporting date, the obligation does not meet the criteria for recognition as a liability. The payment was made in March 2025.”

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

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.

• Turnover

  +2.9%

  £6,931,000 → £7,130,000

• Cash

  -51.3%

  £15,628,000 → £7,615,000

• Net assets

  -10.1%

  -£157,891,000 → -£173,785,000

• Employees

  0%

  2 → 2

• Operating profit

  -97.9%

  £58,718,000 → £1,229,000

• Profit before tax

  -138%

  £41,806,000 → -£15,894,000

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