CBRE TITAN ACQUISITION CO. 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

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, the directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. CBRE TITAN ACQUISITION CO. LIMITED · parent
   1. CBRE Titan 2021 Limited 100% · England · Holding company
   2. Turner & Townsend Holdings Limited 59% · United Kingdom · Holding company
   3. Turner & Townsend Holdings Limited 1% · United Kingdom · Holding company

Significant events

• “In June 2024, CBRE announced plans to combine its Project Management business with Turner & Townsend Holdings Limited, its majority-owned subsidiary that provides program management, cost consultancy and project management services globally. This transaction closed on 1 January 2025, and CBRE now owns 70% of the combined Turner & Townsend/CBRE Project Management business, with the Turner & Townsend partners holding the remaining 30%.”
• “On 1 January 2025: The Company issued 2 shares to its parent, CBRE Holdings Limited, for £180,942,874 each. £306,410,750 was contributed in the form of intercompany receivables, along with £55,474,998 ($70,000,000) of cash. A total of £361,885,746 was credited to the share premium account. The Company acquired 10 shares in Turner & Townsend Holdings Limited for cash of £55,474,998 ($70,000,000). The Company acquired 67 shares in Turner & Townsend Holdings Limited for intercompany receivables with a value of £349,506,046. Turner and Townsend Holdings Limited issued 233 new shares to CBRE US Liftco, LLC for a total value of $1,538,982,910. As a result, the Company now owns 51.3% (2023: 59%) in the share capital of Turner & Townsend Holdings Limited.”
• “On 1 April 2025: The Company issued 2 shares to CBRE Holdings Limited for £10,349,734.50 each. GBP 20,699,469 was contributed in the form of intercompany receivables. A total of £20,699,467 was credited to the share premium account. The Company contributed these intercompany receivables to Turner & Townsend Holdings Limited.”
• “On 8 April 2025: The Company issued 2 shares to CBRE Holdings Limited for £2,051,212.80 each. £4,102,425.60 was contributed in the form of intercompany receivables. A total of £4,102,423.60 was credited to the share premium account. The Company contributed these intercompany receivables to Turner & Townsend Holdings Limited.”

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

Filings

9

last 12 months

Capital events

9

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

  +135.2%

  £62,802,084 → £147,735,498

• Net assets

  +8.1%

  £941,222,293 → £1,017,145,692

• Employees

  —

  Not reported

• Operating profit

  +27.4%

  -£12,525,256 → -£9,091,734

• Profit before tax

  +62.8%

  £50,107,113 → £81,580,538

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