NEC PROPERTY (NUMBER ONE) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-12-20 (in 7mo)
Last made up 2025-12-06
Watchouts
None on the register
Cash
£1K
-99.8% vs 2024
Net assets
£1M
+19.4% vs 2024
Employees
0
Average over period
Profit before tax
£311K
-90.6% vs 2024
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £1,938,000 | £1,899,000 | |
| Operating profit | £5,210,000 | £2,216,000 | |
| Profit before tax | £3,294,000 | £311,000 | |
| Net profit | £2,473,000 | £229,000 | |
| Cash | £481,000 | £1,000 | |
| Total assets less current liabilities | £2,472,000 | £2,783,000 | |
| Net assets | £1,178,000 | £1,407,000 | |
| Equity | £1,178,000 | £1,407,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 268.8% | 116.7% | |
| Net margin | 127.6% | 12.1% | |
| Return on capital employed | 210.8% | 79.6% | |
| Current ratio | 0.02x | 0.00x | |
| Interest cover | 2.72x | 1.16x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having assessed the financial position of the company together with the financial support that NECL has undertaken to provide and considered the wider Group using the evidence available to them, the directors have confidence that the company has adequate resources to continue to operate for a period of at least 12 months from the date these Financial Statements were signed.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ERRINGTON, Paul Edward | Secretary | 2019-05-07 | — | — |
| GOODLUCK, Stephen | Director | 2026-01-01 | Aug 1977 | British |
| REEVE, Paul | Director | 2023-12-07 | Feb 1980 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MARRIOTT, Edwin Keith | Secretary | 2014-12-16 | 2019-05-07 |
| ASHTON, Richard John | Director | 2019-09-17 | 2023-12-07 |
| HORNBY, John Mark | Director | 2014-12-16 | 2019-07-12 |
| PLIMMER, Tracy Lee | Director | 2014-12-16 | 2014-12-16 |
| SANG, Russel | Director | 2019-07-12 | 2019-09-17 |
| SMITH, Melanie Jane | Director | 2023-12-07 | 2025-12-31 |
| THANDI, (Pavandeep) Paul | Director | 2014-12-16 | 2023-12-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Stephen A Schwarzman | Individual | Significant influence | 2018-10-31 | Active |
| National Exhibition Centre Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 50 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-07-10 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-10 | AA | accounts | Accounts with accounts type full | |
| 2024-12-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-17 | AA | accounts | Accounts with accounts type full | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | RESOLUTIONS | resolution | Resolution | |
| 2022-12-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-07 | AA | accounts | Accounts with accounts type full | |
| 2021-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-26 | AA | accounts | Accounts with accounts type full | |
| 2021-01-15 | AA | accounts | Accounts with accounts type full | |
| 2020-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-2%
£1,938,000 £1,899,000
-
Cash
-99.8%
£481,000 £1,000
-
Net assets
+19.4%
£1,178,000 £1,407,000
-
Employees
—
Not reported
-
Operating profit
-57.5%
£5,210,000 £2,216,000
-
Profit before tax
-90.6%
£3,294,000 £311,000
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