BROOKFIELD PROPERTIES EUROPE 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 101

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the Directors have, at the time of approving the financial statements, a reasonable expectation that the Company has adequate resources to continue in operational existence for the next 12 months from the date of signing these financial statements and will continue to operate as a going concern. The Company is currently loss making and in a net asset position and continues to receive support from its Parent, BOP (Europe) Holdings Limited (the "Parent Company"), with funding requirements assessed on a monthly basis. Funds are drawn down as needed to maintain the Company's liquidity. The Directors have reviewed the current and projected financial position of the Company. These forecasts have been assessed and discussed with the Parent company. A letter of support has been provided by the Parent company, stating its commitment to continue providing the necessary financial support for 12 months from the approval of these financial statements. The Directors have considered the Parent Company's ability and intent to provide this support, including the ability to recover intercompany receivables from Brookfield Property Partners LP in order to provide this support, and are satisfied that it will continue to be provided. Based on this assessment, the Directors are satisfied that it is appropriate to continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Brookfield Properties Europe Limited settled the loan payable to BOPA Stork III on 13 January 2025.”
• “The Company fully repaid the non-interest-bearing short-term loan of £50,000,000 due to BOPA Stork III as at the reporting date on 13 January 2025.”
• “On 24 March 2025, the Company issued 1 ordinary share of £1 nominal value for total consideration of £60,000.”

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

7

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

  +456.8%

  £815,286 → £4,539,202

• Cash

  +57,723.7%

  £81,099 → £46,894,447

• Net assets

  +114.6%

  £1,733,133 → £3,719,592

• Employees

  +350%

  8 → 36

• Operating profit

  -65.9%

  -£1,074,666 → -£1,783,297

• Profit before tax

  -73.1%

  -£1,060,146 → -£1,835,175

• Wages

  +262.6%

  £1,252,494 → £4,542,166

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