KIER BISHOPS STORTFORD LIMITED

1. KIER BISHOPS STORTFORD LIMITED 2024-11-11 → present
2. KIER RICHMOND LIMITED 2018-01-22 → 2024-11-11

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

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. The directors are required to consider whether the Company can continue in operational existence during the going concern period, which the directors have determined to be until 31 December 2026. The Company's working capital is primarily dependent on funds provided under a loan facility from Kuwait Finance House PLC (previously known as Ahli United Bank (UK) PLC), with any additional funding requirements provided by its joint venture partners in proportion to their ownership. The loan had a facility termination date of 15 June 2025, which has been extended to 15 December 2025. The members have received confirmation that Kier Group plc intends to provide financial support to the Company for at least 12 months from the date of signing these financial statements, in addition to any advances agreed in the event the existing facility is not refinanced by the new expiry date. On this basis, the directors have concluded that the Company will continue in operational existence for at least 12 months from the date of approval of these financial statements.”

Significant events

• “The Company changed its name from Kier Richmond Limited to Kier Bishops Stortford Limited effective from 11 November 2024.”
• “During the year, two of the existing tenants vacated their units, and the Company has since been actively engaged in re-letting the vacant space. Marketing and negotiations with prospective tenants are ongoing.”

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

Filings

6

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

  -94%

  £5,882,000 → £351,000

• Cash

  +66.6%

  £524,000 → £873,000

• Net assets

  +1.9%

  £4,863,000 → £4,957,000

• Employees

  —

  Not reported

• Operating profit

  +100.3%

  -£5,537,000 → £17,000

• Profit before tax

  +102.1%

  -£6,094,000 → £125,000

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