HOME REIT PLC

• ⚠

  Material uncertainty over going concern

  The Group’s report on going concern, other than the ‘Emphasis of matter – Financial Statements prepared on a basis other than going concern’ included above, we have nothing else that is material to add or draw attention to in relation to the directors’ assessment of the longer-term viability of the Company and whether the Directors considered it appropriate to adopt a basis other than going concern.

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

IFRS

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Qualified

Going concern

Material uncertainty disclosed

“The Group’s report on going concern, other than the ‘Emphasis of matter – Financial Statements prepared on a basis other than going concern’ included above, we have nothing else that is material to add or draw attention to in relation to the directors’ assessment of the longer-term viability of the Company and whether the Directors considered it appropriate to adopt a basis other than going concern.”

Group structure

1. HOME REIT PLC · parent
   1. Home Holdings 1 Limited 100% · UK · Property investment
   2. Home Holdings 2 Limited 100% · UK · Property investment
   3. Home Holdings 3 Limited 100% · UK · Property investment
   4. Home Holdings 4 Limited 100% · UK · Property investment

Significant events

• “On 5 March 2024, the Company announced that it intended to bring legal proceedings. On 18 April 2024, the Company issued pre-action letters to Alvarium FM and AITI RE.”
• “On 2 February 2024, the Company was notified by the FCA of the commencement of an investigation into the Company covering the period from 22 September 2020 to 3 January 2023.”
• “On 14 January 2026, the Company understands the Serious Fraud Office made arrests and raided properties.”

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

Filings

7

last 12 months

Capital events

3

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

  -50%

  £41,390,000 → £20,684,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  -42.4%

  -£21,240,000 → -£30,242,000

• Profit before tax

  -21.6%

  -£25,166,000 → -£30,614,000

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