CREATE DEVELOPMENTS (MANCHESTER) LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on these developments, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “On 1 April 2025, the Senior Facility Agreement with Royal Bank of Scotland was extended to 5 May 2025, as detailed in Note 12.”
• “On 19 February 2025, the Company issued 2,200,000 shares at £1.00 each to UK Hotels (Sharp Street Manchester) Limited as part of the refinancing loan facility.”
• “On 4 June 2025, the Company entered into a facility agreement to which the Lender will make available to the Company up to £10,920,000 by way of a secured term loan facility agreement.”

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

Filings

15

last 12 months

Capital events

1

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

  +2.8%

  £5,830,130 → £5,991,818

• Cash

  -24.7%

  £2,392,453 → £1,800,480

• Net assets

  +17.2%

  £7,058,201 → £8,272,145

• Employees

  —

  Not reported

• Operating profit

  +444.1%

  -£445,103 → £1,531,705

• Profit before tax

  +99.2%

  -£2,000,711 → -£16,712

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