CANARY WHARF 1BS FINANCE LIMITED
Get an alert when CANARY WHARF 1BS FINANCE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£2K
+437% vs 2023
Net assets
£9M
-65.8% vs 2023
Employees
0
Average over period
Profit before tax
-£17M
+79.5% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£83,115,923 | -£18,589,321 | |
| Profit before tax | -£81,851,864 | -£16,783,973 | |
| Net profit | -£81,851,864 | -£16,783,973 | |
| Cash | £292 | £1,568 | |
| Total assets less current liabilities | £25,524,629 | £122,148,372 | |
| Net assets | £25,524,629 | £8,740,656 | |
| Equity | £25,524,629 | £8,740,656 | |
| Average employees | 0 | 0 | |
| 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 |
|---|---|---|---|
| Return on capital employed | -325.6% | -15.2% | |
| Current ratio | 1.03x | 1.94x | |
| Interest cover | -10.29x | -1.94x |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- CANARY WHARF 1BS FINANCE LIMITED · parent
- Canary Wharf 1BS Lending Limited 100%
- Canary Wharf 1BS Properties Limited 100%
- Canary Wharf Contractors (1BS) Limited 100%
- Heron Quays West (1) Limited Partnership 99.9%
- Heron Quays West (1) T1 Limited 100%
- Heron Quays West (1) T2 Limited 100%
- Heron Quays West GP (Four) Limited 100%
- 1 Bank Street Unit Trust 99.9%
Significant events
- “On the same day the company entered into a new mezzanine loan facility for the amount of £113,749,141 net of fees of £357,491. The loan carries interest of SONIA + 6.25% and is repayable on 20 November 2029.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MORGAN, Susan Diane | Secretary | 2024-11-18 | — | — |
| TURNER, Jeremy Justin | Secretary | 2021-12-06 | — | — |
| BENHAM, Ian | Director | 2023-06-16 | Dec 1978 | British |
| KHAN, Shoaib Z | Director | 2019-12-31 | Sep 1965 | American |
| TURNER, Jeremy Justin | Director | 2025-12-31 | Sep 1968 | British |
| WORTHINGTON, Rebecca Jane | Director | 2021-05-06 | Oct 1971 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GARWOOD, John Raymond | Secretary | 2020-02-05 | 2020-07-17 |
| HILLSDON, Caroline Elizabeth | Secretary | 2020-07-17 | 2023-10-11 |
| ANDERSON II, A. Peter | Director | 2020-02-05 | 2020-02-05 |
| DAFFERN, Andrew Stewart James | Director | 2021-05-06 | 2023-09-08 |
| IACOBESCU, George, Sir | Director | 2020-02-05 | 2021-07-01 |
| KINGSTON, Katy Jo | Director | 2021-05-06 | 2025-12-31 |
| LYONS, Russell James John | Director | 2020-02-05 | 2021-05-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 26 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2026-03-13 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2025-08-19 | AA | accounts | Accounts with accounts type full | |
| 2024-12-17 | OSAP03 | officers | Appoint person secretary overseas company with appointment date | |
| 2024-07-31 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | OSTM02 | officers | Termination person secretary overseas company with name termination date | |
| 2023-10-05 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-07-21 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2022-09-06 | AA | accounts | Accounts with accounts type full | |
| 2021-12-14 | OSAP03 | officers | Appoint person secretary overseas company with appointment date | |
| 2021-09-22 | AA | accounts | Accounts with accounts type full | |
| 2021-08-18 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2021-08-05 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2021-06-25 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2021-06-25 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2021-06-25 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2020-10-15 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2020-09-19 | OSTM02 | officers | Termination person secretary overseas company with name termination date | |
| 2020-09-19 | OSTM01 | officers | Termination person director overseas company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- 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
—
Not reported
-
Cash
+437%
£292 £1,568
-
Net assets
-65.8%
£25,524,629 £8,740,656
-
Employees
—
Not reported
-
Operating profit
+77.6%
-£83,115,923 -£18,589,321
-
Profit before tax
+79.5%
-£81,851,864 -£16,783,973
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