VICTORIA HOUSE HOLDINGS 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

IFRS

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

PricewaterhouseCoopers CI LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The consolidated financial statements for the year ended 31 December 2024 have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. As at 31 December 2024, the Group has net current liabilities of £1,559,238. The Directors note that the Group has access to sufficient funds to meet its investment requirements as OMERS Administration Corporation ("OMERS") has agreed to provide £134,000,000 in funding, with £58,400,000 unfunded as of 31 December 2024. Additionally, the Directors have considered the cash flow needs of the Group for the next 12 months and note that the Group has access to sufficient funds to meet its working capital requirements for the foreseeable future. Taking into consideration the net current liability position and the unfunded capital commitment from OMERS, the Directors believe the going concern basis of preparation is appropriate.”

Group structure

1. VICTORIA HOUSE HOLDINGS LIMITED · parent
   1. Oxford Victoria House Limited 100% · United Kingdom
   2. Oxford Victoria House Development Limited 100% · United Kingdom
   3. Lab VH Limited 100% · United Kingdom

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

Filings

11

last 12 months

Capital events

13

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

  -16.8%

  £10,898,636 → £9,068,642

• Cash

  -37.5%

  £1,598,576 → £998,638

• Net assets

  +5.9%

  £118,987,400 → £126,008,946

• Employees

  —

  Not reported

• Operating profit

  -24.1%

  £2,245,769 → £1,703,517

• Profit before tax

  -3,039.9%

  -£3,100,293 → -£97,345,178

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