RFL PROPERTY SERVICES 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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company meets its day-to-day working capital requirements through its cash reserves and borrowings. The current economic conditions continue to create uncertainty, particularly over the level of demand for the company's products. The company's forecasts up until June 2026, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current cash reserves and borrowings. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. Support is available from the Parent Company if required. Further information on the company's borrowings is given in note 13.”

Significant events

• “RFL Property Services Limited is entering new markets, particularly within the wider NHS sector in order to enable the company to respond to opportunities efficiently, effectively and in a way that supports key strategic objectives.”
• “The principal activities for the company are to provide Project management, advisory services and consultancy services, and management of contracts and contractual obligations between The Royal Free London NHS Foundation Trust (parent company) and third parties. This includes services of catering contractors, property managers and sterile services management. The company also provides Project management, advisory services and consultancy services, including management of contracts and contractual obligations for other NHS Trusts, NHS organisations (including NHSE and NHP), and non-NHS businesses.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +5.4%

  £29,633,000 → £31,244,000

• Cash

  +4,769%

  £84,000 → £4,090,000

• Net assets

  +25.1%

  £4,091,000 → £5,116,000

• Employees

  +16.2%

  142 → 165

• Operating profit

  +42%

  £548,000 → £778,000

• Profit before tax

  +28.2%

  £1,056,000 → £1,354,000

• Wages

  +13.5%

  £8,396,000 → £9,532,000

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