QWR PROPERTIES SW03A LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “In August 2024 the Intermediate Group, completed a preference share equity raise. This saw further investment from both the existing shareholder and from a third-party investor of up to £755m.”
• “The group has lender credit committee approval for regarding the refinancing of the Mercury facility (32% of gross debt, currently due March 2026) with the expectation of completing this refinancing over the remainder of 2025.”
• “A repayment of £14.1m was made against the NE0203 facility in May 2025.”

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

Filings

4

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

  +5.4%

  £16,126,101 → £17,000,427

• Cash

  -96.8%

  £369,218 → £11,652

• Net assets

  -43.4%

  £52,555,712 → £29,737,765

• Employees

  —

  Not reported

• Operating profit

  +105.2%

  -£56,773,327 → £2,962,476

• Profit before tax

  +64.6%

  -£64,430,764 → -£22,817,947

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