HBD GOLDEN VALLEY LIMITED

1. HBD GOLDEN VALLEY LIMITED 2023-12-06 → present
2. HBD X FACTORY LIMITED 2022-03-09 → 2023-12-06

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors expect that the Company and the group will have adequate resources, liquidity and available bank facilities to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing the Financial Statements. In addition, the Directors have received confirmation that Henry Boot PLC intends to support the Company up to 31 December 2026.”

Significant events

• “The entity is working towards receiving two outline planning consents in H1 2025, for the £1bn flagship innovation and technology project known as Golden Valley, which is located adjacent to GCHQ in Cheltenham. The consents relate to c.1m sq ft of commercial space and c.1,000 residential units. Construction is planned to commence in late 2025.”
• “The Company, together with certain other companies in the Group, has given cross guarantees to certain of the Group's bondsmen in respect of facilities available to Group undertakings in the normal course of business. At the year end amounts guaranteed against these facilities were £42,100,000.”

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

Filings

5

last 12 months

Capital events

0

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

  -52%

  £3,520,827 → £1,689,048

• Cash

  -99.9%

  £144,225 → £86

• Net assets

  -85.6%

  £112,723 → £16,200

• Employees

  0%

  5 → 5

• Operating profit

  -53.6%

  £119,145 → £55,300

• Profit before tax

  -322.2%

  £48,583 → -£107,950

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