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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-23 (in 10mo)

Last made up 2026-03-09

Watchouts

None on the register

Cash

£12M

+78.4% vs 2023

Net assets

£85M

-6.9% vs 2023

Employees

13

0% vs 2023

Profit before tax

-£4M

+75.5% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £12,140,513£13,496,425
Operating profit -£11,331,062-£110,109
Profit before tax -£17,218,471-£4,224,777
Net profit -£11,101,901-£6,247,747
Cash £6,607,865£11,786,153
Total assets less current liabilities £233,422,883£229,349,354
Net assets £91,000,759£84,753,012
Equity £91,000,759£84,753,012
Average employees 1313
Wages £463,237£501,439

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 2023-12-312024-12-31
Operating margin -93.3%-0.8%
Net margin -91.4%-46.3%
Return on capital employed -4.9%-0.0%
Gearing (liabilities / total assets) 70.2%72.3%
Current ratio 1.11x1.12x
Interest cover -1.85x-0.02x

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 102
Reporting scope
Consolidated group
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having made the requisite enquiries and assessed the resources at the disposal of the group and the Limited Partnership, the Partners have a reasonable expectation that the group and the Limited Partnership will have adequate resources to continue its operation for the foreseeable future. Accordingly they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. WOOD WHARF E1/2 GP LIMITED · parent
    1. Vertus 10 George Street Staffco Limited 100% · England and Wales
    2. Vertus E1/2 Holdings Limited 100% · England and Wales
    3. Vertus E1/2 Limited 100% · England and Wales
    4. Vertus 10 George Street Limited 100% · England and Wales · residential development

Significant events

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

People

10 active · 10 resigned

Name Role Appointed Born Nationality
MORGAN, Susan Diane Secretary 2025-01-27
TURNER, Jeremy Justin Secretary 2025-01-27
AL-DARWISH, Fahad Abdulla M M Director 2017-12-07 Aug 1992 Qatari
AL-THANI, Alanoud Abdulla S A Director 2017-12-07 Sep 1989 Qatari
BERKLAYD, Theodor Director 2021-06-07 Dec 1986 American
KHAN, Shoaib Z Director 2019-12-31 Sep 1965 American
MELLER, Rose Belle Claire Director 2020-05-11 Feb 1978 British
MULLENS, Alastair Hugh Director 2021-04-28 Jan 1986 British
TURNER, Jeremy Justin Director 2025-12-31 Sep 1968 British
WORTHINGTON, Rebecca Jane Director 2021-04-28 Oct 1971 British
Show 10 resigned officers
Name Role Appointed Resigned
GARWOOD, John Secretary 2017-03-10 2020-07-17
HILLSDON, Caroline Elizabeth Secretary 2020-07-17 2023-10-11
ANDERSON II, A. Peter Director 2017-03-10 2019-12-31
BROWN, Benjamin Scott Director 2017-03-30 2018-06-26
IACOBESCU, George, Sir Director 2017-03-10 2021-07-01
KINGSTON, Katy Jo Director 2021-07-01 2025-12-31
LYONS, Russell James John Director 2017-03-10 2021-04-28
MCCRAIN, Kevin O'Donnell Director 2017-03-30 2020-05-11
VAUGHAN, Zachary Bryan Director 2018-06-26 2021-06-07
WAXER, Camille Director 2017-03-22 2021-04-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Canary Wharf E1/2 Spv2 Limited Corporate entity Shares 25–50%, Voting 25–50% 2017-03-10 Active

Filing timeline

Last 20 of 59 total filings

Date Type Category Description
2026-03-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-11 AP01 officers Appoint person director company with name date PDF
2026-01-17 TM01 officers Termination director company with name termination date PDF
2025-10-07 AA accounts Accounts with accounts type full
2025-03-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-29 AP03 officers Appoint person secretary company with name date PDF
2025-01-29 AP03 officers Appoint person secretary company with name date PDF
2024-08-15 AA accounts Accounts with accounts type full
2024-03-19 CH01 officers Change person director company with change date PDF
2024-03-19 CH01 officers Change person director company with change date PDF
2024-03-15 PSC05 persons-with-significant-control Change to a person with significant control PDF
2024-03-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2024-03-12 CH01 officers Change person director company with change date PDF
2023-12-09 AA accounts Accounts with accounts type full
2023-10-17 TM02 officers Termination secretary company with name termination date PDF
2023-03-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-02-22 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page