GRANGE MANAGEMENT (SOUTHERN) 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 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board, after reviewing the company's budget for 2025/26 to 2028/29, believes that the company is well placed to manage its business risks. Therefore the company's Board has a reasonable expectation, taking into account severe but plausible downsides, that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements. Thus it continues to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The company made a profit before tax of £1.8 million (2024: £0.6 million) on a turnover of £3.9 million (2024: £3.8 million); excluding the revaluation of investment properties, the company made a profit before tax of £0.9 million (2024: £1.0 million).”
• “Grange's investment properties are valued at £9.4 million (2024: £8.6 million); all investment properties were revalued at the reporting date, and were overall determined to have increased in value by £0.8 million (2024: decreased by £0.3 million).”
• “As a result of the revaluation gain, the company recognised a deferred tax charge of £205,000 (2024: £84,000 credit).”
• “As this year the required shareholder resolution was intentionally not passed prior to the end of the year, the Gift Aid the company will probably pay in relation to the profits for the current year has not yet been recognised.”
• “As at the date of valuation, the UK Government (as indicated in the King's Speech in July 2024) expressed its intention to issue draft legislation on leasehold and commonhold reform. The market for ground rent investments remains severely impacted with minimal transactions occurring due to ongoing uncertainty.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +3.2%

  £3,809,000 → £3,929,000

• Cash

  -0.4%

  £1,624,000 → £1,618,000

• Net assets

  +7.1%

  £8,329,000 → £8,922,000

• Employees

  +6.1%

  33 → 35

• Operating profit

  +1.7%

  £868,000 → £883,000

• Profit before tax

  +181.9%

  £626,000 → £1,765,000

• Wages

  +7.2%

  £1,664,000 → £1,784,000

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