CACTUS PROPCO 1 LIMITED
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Cash
£2M
Latest balance sheet
Net assets
£6M
Equity attributable
Employees
—
Average over period
Profit before tax
-£4M
Period ending 2024-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have reviewed the financial liabilities of the Company and consider that reliance on the ultimate parent Company, Savills IM UK Build To Rent Fund FCP RAIF ("the ultimate parent") will be needed to be able to meet its cash requirements for the next 12 months. The ultimate parent has sufficient and available cash reserves to support the Company's cash requirements for the next 12 months.
Name history
Renamed 1 time since incorporation
- CACTUS PROPCO 1 LIMITED 2024-04-05 → present
- CAMPION PROPCO 2 LIMITED 2023-09-12 → 2024-04-05
Net assets
1-year trend · vs Unclassified median
Accounts
1-year trend · latest reflected 2024-12-31
| Metric | Trend | 2024-12-31 |
|---|---|---|
| Turnover | — | |
| Operating profit | -£4,457,332 | |
| Profit before tax | -£4,416,994 | |
| Net profit | -£4,416,994 | |
| Cash | £1,636,975 | |
| Total assets less current liabilities | £6,233,007 | |
| Net assets | £6,233,007 | |
| Equity | £6,233,007 | |
| Average employees | — | |
| 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 | 2024-12-31 |
|---|---|---|
| Return on capital employed | -71.5% | |
| Current ratio | 0.31x |
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)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Material uncertainty disclosed
“The directors have reviewed the financial liabilities of the Company and consider that reliance on the ultimate parent Company, Savills IM UK Build To Rent Fund FCP RAIF ("the ultimate parent") will be needed to be able to meet its cash requirements for the next 12 months. The ultimate parent has sufficient and available cash reserves to support the Company's cash requirements for the next 12 months.”
Significant events
- “During the financial year, the full ownership of the Company was acquired by Cactus HoldCo 1 Limited from Campion HoldCo 2 Limited due to restructuring within the group, resulting in a change of ownership. As of 19 December 2024 and for the subsequent period, the Company is a wholly owned subsidiary of Cactus HoldCo 1 Limited, an investment holding company incorporated and registered in Jersey.”
- “With effective from 5 April 2024, the name of the Company was changed from Campion PropCo 1 Limited to Cactus PropCo 1 Limited.”
- “On 19 September 2023, the Company acquired an investment property for a purchase price of £7,650,000. During the period, the Company incurred acquisition costs and subsequential capital expenditure amounting to £12,824,057 in relation to this project.”
- “The Company signed a loan agreement with Cactus HoldCo 1 Limited with an effective date of 21 May 2025 for a maximum aggregate principal of £18,000,000. This loan is unsecured, interest-free, has no fixed date of repayment, and is repayable on demand. On the effective date, this loan agreement restructured the undocumented balance amounting to £10,917,249 at that time into a documented balance, which is considered the balance drawn under the agreement.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALTER DOMUS (UK) LIMITED | Corporate Secretary | 2023-09-12 | — | — |
| DARBAZ, Levent | Director | 2024-02-07 | Aug 1977 | British |
| FHIMA, Joel David | Director | 2025-07-07 | Nov 1979 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADEANE, Thomas James Hamet | Director | 2023-09-12 | 2025-07-07 |
| DAVICO DI QUITTENGO, Vittorio Francesco Amedeo | Director | 2023-09-12 | 2024-08-26 |
| SUTCLIFFE, Clare Elizabeth | Director | 2023-09-12 | 2023-12-21 |
Ownership
Persons with significant control
Filing timeline
Last 14 of 14 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-24 OSCC01 Change constitutional documents overseas company with date
- 2024-04-05 OSNM01 Change of name overseas by resolution with date
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | AA | accounts | Accounts with accounts type full | |
| 2025-08-20 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2025-07-30 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-10-21 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2024-04-24 | OSCC01 | change-of-constitution | Change constitutional documents overseas company with date | |
| 2024-04-05 | OSNM01 | change-of-name | Change of name overseas by resolution with date | |
| 2024-04-05 | OSCH01 | other | Change company details by uk establishment overseas company with change details | |
| 2024-03-25 | OSAP01 | officers | Appoint person director overseas company with name appointment date | |
| 2024-02-22 | OSTM01 | officers | Termination person director overseas company with name termination date | |
| 2023-10-10 | AA01 | accounts | Change account reference date company current extended | |
| 2023-10-10 | OSCH02 | other | Change company details overseas company | |
| 2023-09-12 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2023-09-12 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2023-09-12 | OSIN01 | incorporation | Register overseas company |
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
Latest filed period vs the prior one