LXI PROPERTY HOLDINGS 3 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 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is in a net asset position but has net current liabilities. The Company's ultimate parent, London Metric Property Plc, has confirmed its continuing financial support by way of an intercompany loan to be provided as and when required and therefore the Directors consider the Company is in a position to meet its liabilities as they fall due for the foreseeable future, being a period of at least 12 months following the approval of these financial statements.”

Group structure

1. LXI PROPERTY HOLDINGS 3 LIMITED · parent
   1. LXi Cowdenbeath Limited 100% · England · Property investment
   2. SM Plymouth Hotel Limited 100% · England · Property investment

Significant events

• “The first substitution exercise completed on 27 September 2024. The properties acquired by the Company at a consideration of £90,675,000 were: DSG warehouse, Bessemer Drive, Stevenage; Jewson, Kestrel Way, Sowton, Exeter; Tesco, Factory Lane, Croydon.”
• “The second substitution exercise completed on 28 January 2025. The properties acquired by the Company at a consideration of £78,575,000 were: Cambridge Commodities, Lancaster Way Business Park, Ely; The Brewery, Chiswell Street, London.”
• “On 10 January 2025 the Company completed the part surrender and sale of land adjacent to the Travelodge it owns at Nuneaton for £285,000 and on 7 March 2025 it also sold a Lidl store located in Portsmouth for £4,650,000.”
• “On 30 September 2024 the Directors approved a resolution to cancel the Company's share premium account, which stood at £163,061,159. This cancellation resulted in this capital being treated as realised profit, providing the flexibility to declare dividends or make other distributions to shareholders.”

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

Filings

8

last 12 months

Capital events

1

last 24 months

Officers appointed

2

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

  +12.7%

  £9,628,171 → £10,852,499

• Cash

  -73.7%

  £15,574,245 → £4,092,310

• Net assets

  +10.5%

  £145,686,469 → £161,006,619

• Employees

  —

  Not reported

• Operating profit

  +115.4%

  £7,482,742 → £16,115,260

• Profit before tax

  +729.9%

  £1,846,034 → £15,320,150

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