IQL NORTH 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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis in accordance with applicable accounting standards. The Directors consider the going concern basis to be appropriate because the Company is a wholly owned subsidiary of London & Continental Railways Limited which has significant cash reserves to settle its obligations.”

Significant events

• “On 4 February 2022, the Company sold its interest in International Quarter London (IQL) North lands for £53,499,389.”
• “On 31 March 2022, the Company declared an interim dividend of £24,341,655.”
• “On 6 April 2020, the LCR Stratford Limited Partnership (LCRSLP) acquired a 50% interest in the newly incorporated IQL North Ltd for £1 and the Lendlease Stratford Limited Partnership acquired a 50% interest for £1.”
• “On 17 April 2020, the freehold interest in land at IQL North was transferred from SCBD Ltd to IQL North Ltd for £22,355,772 plus VAT of £4,471,154, on which the Company paid Stamp Duty Land Tax of £1,339,047.”
• “In the period to 30 June 2020 the Company incurred development costs of £1,275,383 and interest on the loan from SCBDL of £209,798.”
• “On 1 July 2020 LCRSLP made a loan to IQL North Ltd of £12,229,999, and a capital contribution of £360,000; and the Lendlease Stratford Limited Partnership also made a loan to IQL North Ltd of £12,229,999, and a capital contribution of £360,000.”
• “On 1 July 2020 LCRSLP purchased Lendlease's 50% interest in IQL North Ltd for £12,230,000.”

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  0%

  £755,000 → £755,000

• 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