LENDLEASE DEVELOPMENT PARTNER (EUROPE) 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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. LENDLEASE DEVELOPMENT PARTNER (EUROPE) LIMITED · parent
   1. Lendlease Euston Holdings LLP 0.01% · United Kingdom · Holds investments
   2. Lendlease Euston Development LLP 0.01% · United Kingdom · Property development
   3. Lendlease Smithfield Holdings LLP 0.01% · United Kingdom · Holds investments
   4. Lendlease Smithfield Development LLP 0.01% · United Kingdom · Property development
   5. Lendlease Thamesmead Holdings LLP 0.01% · United Kingdom · Holds investments
   6. Lendlease Thamesmead Development LLP 0.01% · United Kingdom · Holds investments
   7. Urban Impact Joint Venture Limited Liability Partnership 0.01% · United Kingdom · Holds investments
   8. Urban Impact Joint Venture Partner Limited Liability Partnership 99.99% · United Kingdom · Holds investments

Significant events

• “On 27 May 2024 the Lendlease Group announced a strategy update with key actions to simplify the organisational structure, exit international construction and accelerate the release of capital from its offshore development project and assets. The Group, and therefore the Company's focus for FY2026 is continuing to work through the impact of this Strategy update, building on the strong progress achieved to date.”
• “The new UK Development JV with The Crown Estate, which is expected to include interests in the High Road West, Thamesmead, Euston, Smithfield's, Silvertown and Stratford Cross developments, subject to satisfaction of conditions precedent, will accelerate the release of capital and halve future funding commitments, while continuing to meet existing obligations. The UK Development JV is expected to complete in FY26.”

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

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -11.1%

  £90 → £80

• Employees

  —

  Not reported

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