NSC BUILDING B LIMITED

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

“The Company is in a net current liabilities position of £36,372,777 (2023: £37,474,894). The financial statements have however been prepared on a going concern basis, which the Directors consider to be appropriate for the following reasons. The Directors have prepared a going concern assessment for a period of 12 months from the date of the approval of these financial statements (including plausible downside scenarios) and these forecasts reflect that the company will generate sufficient cash to meet its working capital requirements and settle all other liabilities arising, aside from the amount outstanding to NSC Building A Limited. NSC Building A Limited has provided a letter of support confirming that it will not call the loan receivable from the Company within 12 months from the date of approval of these financial statement unless they have the ability to pay it. Further to this, should the asset be sold in this 12-month period, then Legal and General Capital Investments Limited have provided a letter of support to cover any shortfalls in amounts outstanding to NSC Building A Limited post completion of such sale. As with any company placing reliance on other group entities for financial support, the Directors 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.”

Significant events

• “There have been no significant events affecting the Company since the year end and up to the date of signing these financial statements.”

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

Filings

7

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

  +62.7%

  £1,254,256 → £2,040,310

• Cash

  +262.9%

  £330,722 → £1,200,223

• Net assets

  -35.1%

  -£6,323,042 → -£8,543,557

• Employees

  —

  Not reported

• Operating profit

  +60.5%

  -£4,835,312 → -£1,909,960

• Profit before tax

  +60.6%

  -£4,832,621 → -£1,902,526

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