BUSHMEAD HOMES LTD

1. BUSHMEAD HOMES LTD 2013-05-14 → present
2. GRAYPOT LIMITED 2012-11-29 → 2013-05-14

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

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, through funding from its ultimate parent company, bpha Limited, to meet its liabilities as they fall due for that period. Those forecasts are dependent on bpha Limited providing additional financial support during that period. bpha Limited has indicated its intention to continue to make available such funds as are needed by the company for the period covered by the forecasts. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “During the year, the company entered into a joint venture agreement with Hill Investment Partnerships Limited and the Progress Investment Partnership LLP (PIP) was incorporated. PIP's principal activity is to carry out the regeneration and development activities to provide affordable, social rent and private housing, an investment of £95,420 was made in PIP.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +0.9%

  £3,049,190 → £3,075,110

• Cash

  +48.8%

  £5,508,243 → £8,198,864

• Net assets

  -16.4%

  £16,095,432 → £13,462,301

• Employees

  —

  Not reported

• Operating profit

  -3,704.7%

  £77,301 → -£2,786,466

• Profit before tax

  -1,554.9%

  £180,979 → -£2,633,131

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