GJS HOLDCO 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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director is required to prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business for the foreseeable future. At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. This has been based on consolidated cash flow forecasts made up to 12 months of the signing of the financial statements. Thus the director adopts the going concern basis of accounting in preparing the financial statements. Accordingly, the director has adopted the going concern basis in preparing the financial statements.”

Group structure

1. GJS HOLDCO LIMITED · parent
   1. GJS (Blade) Investments Limited 100% · UK · Property development
   2. GJS (Blade) Developments 1 Limited 100% · UK · Property development
   3. GJS (MSCP) Investments Limited 100% · UK · Property development
   4. GJS (Circle) Developments 1 Limited 100% · UK · Property development
   5. WQ Developments Limited 100% · UK · Property development
   6. DQ Investments Limited 100% · UK · Property development
   7. GJS (MSCP) Developments 1 Limited 100% · UK · Property development
   8. GJS (Education) Investments Limited 100% · UK · Property development
   9. GJS (Circle) Investments Limited 100% · UK · Property development

Significant events

• “Three60, a 445 apartment, 50 storey tower scheme achieved full build completion in May 2024, with 438 apartments fully sold in the year. The loan facility secured with GMCA to fund this project was repaid in full in November 2023.”
• “The Blade, a 414 apartment, 50 storey tower scheme achieved full build completion in August 2023, with 410 apartments now fully sold. 133 apartments of which completed in the current year with 277 completing in 2023.”
• “At the time of writing this report, the Group itself has reached build completion across all of its live development projects, and now has only 7 apartments remaining unsold from 852 completed. The Group has also repaid all external loans which leaves the Group well sheltered from further inflationary costs and rising interest rates.”
• “GJS (Owen St) Limited and GJS (Owen St) 2 Limited were liquidated on 30 October 2023.”
• “VQ Developments Limited left the group on 2 February 2024.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  +127.4%

  £93,037,095 → £211,599,711

• Cash

  -57.4%

  £56,729,443 → £24,175,529

• Net assets

  +263%

  -£24,641,932 → £40,162,011

• Employees

  —

  Not reported

• Operating profit

  +333.3%

  £17,550,981 → £76,055,643

• Profit before tax

  +973%

  £7,817,408 → £83,878,234

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