URBAN LOGISTICS ACQUISITIONS 4 LIMITED

• ◆

  8 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have reviewed the current and projected financial position of the Company, making reasonable assumptions about future trading performance. As part of the review, the Directors have considered the Company's cash balances and its debt maturity profile, including undrawn facilities. The Directors have also reviewed the banking covenants, both current and projected, and can report all have been passed and are expected to be passed for the 12 months from approval of the financial statements. There is sufficient headroom in the loan to value covenant, that the slight decline in FV of the investment properties has not, and is not expected to, threaten a breach. The Company has undertaken risk assessments in respect of the impact on key objectives and has appropriate response plans such as stress testing, monitoring of tenant performance and financial reviews. On the basis of this refinancing, and after making due enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The ultimate parent company continue to support its subsidiaries for the foreseeable future, which has been reaffirmed by a letter of support to the Company. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.”

Group structure

1. URBAN LOGISTICS ACQUISITIONS 4 LIMITED · parent
   1. Urban Logistics Hoddesdon Limited 100% · England and Wales · In liquidation
   2. Urban Logistics K Holdings Limited 100% · England and Wales · In liquidation
   3. Urban Logistics K Properties Limited 100% · England and Wales · In liquidation
   4. Urban Logistics Dundee Limited 100% · Scotland · Property Investment

Significant events

• “On 9 May 2025, the boards of Urban Logistics REIT PLC and LondonMetric PLC announced that they had reached agreement on the terms of a recommended cash and share offer pursuant to which LondonMetric PLC will acquire the entire issued and to be issued ordinary share capital of Urban Logistics REIT PLC.”

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

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

8

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.4%

  £15,549,528 → £16,082,656

• Cash

  +116.4%

  £9,393,066 → £20,326,290

• Net assets

  -6.2%

  £203,622,370 → £190,905,215

• Employees

  —

  Not reported

• Operating profit

  +12.9%

  £14,460,666 → £16,323,519

• Profit before tax

  +95.9%

  £6,269,866 → £12,282,845

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