BE MIDCO 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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on the going concern basis. After making enquires and taking into consideration the profit and net current asset position of the Company, the Directors have formed a judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for 12 months from the date of approval of these financial statements. In the event support is required, the Company has received a letter of financial support from Brockton Everlast Inc Limited which covers a period of 12 months from the date of approval of these accounts. For this reason the Directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. BE MIDCO LIMITED · parent
   1. MA Cutlers Houndsditch 1 Limited 100% · Holding investments
   2. MA Cutlers Houndsditch 2 Limited 100% · Holding investments
   3. MA Waterside 1 Limited 100% · Holding investments
   4. MA Waterside 2 Limited 100% · Holding investments
   5. MA Union Street Limited 100% · Property investment
   6. MA Seacourt Limited 100% · Property investment
   7. MA Telephone House Holdings Limited 100% · Property investment
   8. MA CSP Limited^ 100% · Property investment
   9. MA CSP 2 Limited^ 100% · Property investment
   10. MA Milton Road Limited^ 100% · Property investment
   11. MA Propco 11 Limited^ 100% · Property investment
   12. MA Propco 12 Limited^ 100% · Property investment
   13. MA Propco 13 Limited^ 100% · Property investment
   14. MA Propco 14 Limited^ 100% · Dormant
   15. MA Propco 15 Limited 100% · Dormant
   16. MA Propco 16 Limited 100% · Dormant
   17. MA Propco 17 Limited 100% · Dormant
   18. MA Propco 18 Limited 100% · Dormant
   19. MA Propco 50 Limited^ 100% · Dormant
   20. RF 51 Limited 100% · Holding investments
   21. MA Telephone House Limited* 100% · Dormant
   22. Waterside Holdings Unit Trust** 100% · Property investment
   23. Cutlers Houndsditch Unit Trust*** 100% · Property investment
   24. MA Birch Limited^ 100% · Property investment

Significant events

• “During the year, the Company issued at par 120,323,667 of fully paid ordinary shares of £1 each.”
• “During the year there was also the cancellation of 100,000,000 fully paid ordinary shares of £1 each.”
• “No acquisitions or disposals were made in the year to 31 December 2024”
• “The profit is principally caused by the reversal of an impairment of £20.75m recognised on the investment in subsidiaries.”

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

Filings

12

last 12 months

Capital events

16

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

  —

  Not reported

• Cash

  -100%

  £56,514 → £26

• Net assets

  +19%

  £486,568,424 → £578,904,708

• Employees

  0%

  3 → 3

• Operating profit

  -263.9%

  -£36 → -£131

• Profit before tax

  +124%

  -£86,618,248 → £20,751,703

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