CLS UK PROPERTY FINANCE 2 LIMITED
Get an alert when CLS UK PROPERTY FINANCE 2 LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-17 (in 10mo)
Last made up 2026-03-03
Watchouts
Cash
£7M
+1,866.8% vs 2023
Net assets
£35M
+142.9% vs 2023
Employees
—
Average over period
Profit before tax
£3M
+127.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We draw attention to Note 1.3 to the financial statements, which indicates that the Company relies on its ultimate parent company for financial support, which is not guaranteed. As stated in Note 1.3, these events or conditions, along with other matters as set forth in Note 1.3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,239,246 | £8,317,217 | |
| Operating profit | -£7,855,142 | £6,539,040 | |
| Profit before tax | -£11,453,085 | £3,138,446 | |
| Net profit | -£12,063,275 | £2,336,466 | |
| Cash | £349,596 | £6,875,755 | |
| Total assets less current liabilities | £93,539,431 | £98,059,640 | |
| Net assets | £14,332,447 | £34,812,715 | |
| Equity | £14,332,447 | £34,812,715 | |
| Average employees | — | — | |
| Wages | — | — |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -95.3% | 78.6% | |
| Net margin | -146.4% | 28.1% | |
| Return on capital employed | -8.4% | 6.7% | |
| Gearing (liabilities / total assets) | 85.4% | 66.6% | |
| Current ratio | 0.69x | 1.29x | |
| Interest cover | -2.18x | 1.84x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to Note 1.3 to the financial statements, which indicates that the Company relies on its ultimate parent company for financial support, which is not guaranteed. As stated in Note 1.3, these events or conditions, along with other matters as set forth in Note 1.3, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- CLS UK PROPERTY FINANCE 2 LIMITED · parent
- CLS Church Road Limited 100%
- CLS Cliffords Inn Limited 100%
- CLS Priory Place Limited 100%
- CLS Watford Limited 100%
- Fetter Lane Apartments Limited 100%
- Fetter Lane Leasehold Limited 100%
- Ingrove Limited 100%
- Kennington Road Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FULLER, David Francis | Secretary | 2021-03-04 | — | — |
| FULLER, David Francis | Director | 2021-07-01 | Apr 1977 | British |
| MILLET, Alain Gustave Paul | Director | 2021-03-04 | Jan 1968 | French |
| STOKES, Henry Armstrong Allen | Director | 2026-01-05 | Aug 1974 | British |
| WIDLUND, Fredrik Jonas | Director | 2021-03-04 | Mar 1968 | Swedish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIRKMAN, Andrew Michael David | Director | 2021-03-04 | 2026-01-05 |
| WIGZELL, Simon Laborda | Director | 2021-03-04 | 2021-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cls Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-04 | Active |
Filing timeline
Last 20 of 26 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-09 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-09 | CH01 | officers | Change person director company with change date | |
| 2025-08-26 | AA | accounts | Accounts with accounts type group | |
| 2025-03-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-12 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-12-12 | SH20 | capital | Legacy | |
| 2024-12-12 | CAP-SS | insolvency | Legacy | |
| 2024-12-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-12 | SH01 | capital | Capital allotment shares | |
| 2024-10-11 | AA | accounts | Accounts with accounts type group | |
| 2024-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-16 | AA | accounts | Accounts with accounts type group | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-09 | AA | accounts | Accounts with accounts type group | |
| 2022-03-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-20 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.9%
£8,239,246 £8,317,217
-
Cash
+1,866.8%
£349,596 £6,875,755
-
Net assets
+142.9%
£14,332,447 £34,812,715
-
Employees
—
Not reported
-
Operating profit
+183.2%
-£7,855,142 £6,539,040
-
Profit before tax
+127.4%
-£11,453,085 £3,138,446
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