2040 PARK LANE MEADOWHALL (LEASECO) LIMITED

1. 2040 PARK LANE MEADOWHALL (LEASECO) LIMITED 2024-07-08 → present
2. SDI (PROPCO 81) LIMITED 2018-10-24 → 2024-07-08

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

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director is responsible for preparing the financial statements...prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The company has a net liability position of £320,290 as at 27 April 2025. The director believes that the company, with the ongoing financial support of Frasers Group plc, is well placed to manage its business risks successfully. The director is therefore satisfied that the company has adequate resources available to continue to meet all obligations as they fall due for a period of at least 12 months from the date of approval of these financial statements.”

Significant events

• “The company changed its name to 2040 Park Lane Meadowhall (Leaseco) Limited from SDI (Propco 81) Limited on 3 July 2024.”

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

Filings

2

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

  +1.4%

  £1,121,565 → £1,137,191

• Cash

  —

  Not reported

• Net assets

  +92.1%

  -£4,077,037 → -£320,290

• Employees

  —

  Not reported

• Profit before tax

  -69.3%

  £12,248,726 → £3,756,747

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