STIBNITE HOLDINGS LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

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

Consolidated group

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the use of the going concern basis in the preparation of the financial statements considering the current market conditions and have concluded that it is appropriate. The Company has an approved funding line from a Company which is owned by its ultimate parent Company. It received £4.4m of group funding during 2021 and a further £0.83m remained available at year-end. Total interest bearing group loans stand at £7.2m at the date of this report, of which £3.0m has a five year term expiring on May 3rd 2026. The balance of £4.2m had an initial period of two years ending May 3rd 2023 and is extendable annually. The Company has had confirmation from the Group entity that the loans can be extended to June 17 2026 if required. The Group continues to be the majority shareholder of Native and remains committed to ensure that an adequate working capital level is maintained.”

Group structure

1. STIBNITE HOLDINGS LIMITED · parent
   1. Native Holdings Limited 65% · England · Holding company
   2. Native Places Limited 65% · England · Aparthotel management
   3. Native (Lovat Lane) Limited 65% · England · Dormant
   4. Native Apartments Limited 65% · England · Dormant
   5. Native Residential Limited 60% · England · Residential asset management

Significant events

• “From July 1st 2024 Native Places Ltd has been acquired wholly by numa Group GmbH (numa) a German serviced apartments operator.”
• “On 1 July 2024, numa Group GmbH acquired 100% of the shares of Native Places Limited from Native Holdings Limited. The consideration was £18,500,000 plus cash, less the Seller Payable and Debt, and plus the Working Capital Adjustment.”

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

Filings

10

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +38.5%

  £6,862,265 → £9,503,276

• Cash

  -95.9%

  £2,853,194 → £116,348

• Net assets

  -8.9%

  -£25,675,346 → -£27,951,292

• Employees

  +4.8%

  373 → 391

• Operating profit

  -276.4%

  £177,099 → -£312,324

• Profit before tax

  -49.6%

  -£1,781,664 → -£2,665,466

• Wages

  +12.6%

  £10,691,782 → £12,035,184

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