LENDLEASE RESIDENTIAL INVESTMENT HOLDINGS (EUROPE) LIMITED

1. LENDLEASE RESIDENTIAL INVESTMENT HOLDINGS (EUROPE) LIMITED 2018-02-27 → present
2. LENDLEASE RESIDENTIAL INVESTMENT HOLDINGS LIMITED 2017-11-29 → 2018-02-27
3. LENDLEASE LRIP HOLDINGS 2 LIMITED 2017-05-23 → 2017-11-29

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Notwithstanding net current liabilities of £1,835,023 as at 30 June 2024 and a loss for the year then ended of £118,344, the financial statements have been prepared on a going concern basis which the directors consider to be appropriate. The Directors have considered the cash requirements of the Company for a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, that the Company is dependent on non-recall of amounts owed to Lendlease Europe Holdings Limited "LLEH" the Company's ultimate UK parent entity. LLEH has indicated its intention to continue to make available financial support for at least twelve months from the signing date of these financial statements, to enable the Company to trade, and not to call for settlement of amounts owing to LLEH where to do so would place the Company in an insolvent position. LLEH itself has been provided with a letter of support from Lendlease International Pty Limited which accepts responsibility of providing and undertakes to provide, sufficient financial assistance to LLEH, as and when it is required, to enable LLEH to continue its operations and fulfil all of its financial obligations. This support covers a period of at least 12 months from the date of approval of these financial statements. As with any company placing reliance on other group entities for financial support, the directors of the Company acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. The Directors have considered the liquidity of the Company going forward and have deemed that due to the support available from Group undertakings, they believe that the Company is well placed to manage its financing and future commitments over a period of at least 12 months from the date of the financial statements. The Directors have considered the adverse effects that could arise due to the Lendlease Group Strategy change. Due to the nature of the Company, there is not expected to be a material impact as a result of this and the Company will continue to perform its principal activities as described in note 1. Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. LENDLEASE RESIDENTIAL INVESTMENT HOLDINGS (EUROPE) LIMITED · parent
   1. Lendlease Residential Investment (Europe) Trust 0.01% · Jersey · Investing
   2. Lendlease Residential Investment 2 (Europe) Trust 0.01% · Jersey · Investing

Significant events

• “On 27 May 2024 the Lendlease Group announced a strategy update with key actions to simplify the organisational structure, exit international construction and accelerate the release of capital from its offshore development project and assets.”
• “In determining the recoverability of unrecognised deferred tax assets the Company has considered the impact of the strategy update announced on 27 May 2024.”

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

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -88%

  -£134,433 → -£252,777

• Employees

  —

  Not reported

• Profit before tax

  -68.6%

  -£79,240 → -£133,629

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