ARCTIC GR LIMITED

• ⚠

  Material uncertainty over going concern

  The directors are satisfied with the financial position of the group at the year end subject to the potential and enacted legislative changes disclosed in the critical accounting estimates and assumptions section of note 1 14 which potentially could lead to a significant adverse impact on the business such that it may matenally impair the group's ability to continue as a Going Concem

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 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors are satisfied with the financial position of the group at the year end subject to the potential and enacted legislative changes disclosed in the critical accounting estimates and assumptions section of note 1 14 which potentially could lead to a significant adverse impact on the business such that it may matenally impair the group's ability to continue as a Going Concem”

Group structure

1. ARCTIC GR LIMITED · parent
   1. This is G2 Limited 100% · England · Property investment
   2. Ins GR Limited 100% · England · Property investment
   3. Twinleaf GR Limited 100% · England · Property investment
   4. Kamano Limited 100% · England · Property investment
   5. Worsley Investment Properties Limited 100% · England · Property investment
   6. Venus GR Limited 100% · England · Property investment
   7. Blackthorn GR Limited 100% · England · Holding Company

Significant events

• “On 24 May 2024, the Leasehold and Freehold Reform Act 2024 received Royal Assent. The aspect of this Act most likely to have a significant financial effect on the Group relates to changes that reduce the premium payable to freeholders when leaseholders exercise their statutory rights to enfranchisement or lease extension.”
• “In October 2025, the High Court issued its judgment dismissing the judicial review brought by industry participants challenging aspects of the Government's leasehold reform measures contained in the 2024 Act.”
• “Under the Building Safety Act 2022 and related regulations, entities that were under common ownership as at 14 February 2022 may, in certain circumstances, be required to contribute to the remediation of life-critical fire-safety defects in buildings owned by other companies within the same group.”

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

Filings

9

last 12 months

Capital events

0

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

  +20.1%

  £2,438,638 → £2,928,290

• Cash

  -10.2%

  £14,302,715 → £12,843,024

• Net assets

  -45.6%

  £73,040,910 → £39,719,318

• Employees

  —

  Not reported

• Operating profit

  +24.8%

  £1,902,016 → £2,374,290

• Profit before tax

  -33.8%

  -£32,855,191 → -£43,950,592

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