HORTENSIA PROPERTY DEVELOPMENT LLP

• ⚠

  Material uncertainty over going concern

  The process of orderly liquidation of the assets is continuing...The LLP is expected to be wound up upon completion of its sales activities Therefore these financial statements have not been prepared on a going concern basis. We draw attention to the disclosure made in note 1.1 to the financial statements which explains that the financial statements are now not prepared on the going concern basis for the reason set out in that note. Our opinion is not modified in respect of this matter.

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 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The process of orderly liquidation of the assets is continuing...The LLP is expected to be wound up upon completion of its sales activities Therefore these financial statements have not been prepared on a going concern basis. We draw attention to the disclosure made in note 1.1 to the financial statements which explains that the financial statements are now not prepared on the going concern basis for the reason set out in that note. Our opinion is not modified in respect of this matter.”

Group structure

1. HORTENSIA PROPERTY DEVELOPMENT LLP · parent
   1. Hortensia Property Management Limited 100% · England and Wales · Property development
   2. Sloane Building Management Company Limited 100% · England and Wales · Building management services

Significant events

• “During the year, the OakNorth facility has been settled in full and £1.78m of the MACT facility was repaid, with the remaining balance being fully settled post year end”
• “Following the balance sheet date, the LLP has completed the sale of one residential unit for a gross consideration of £6,200,000”
• “Transfer of Sloane Building Management Company Limited to the leaseholders took place in February 2025 after the sale of the final unit”
• “Post year end, a partial repayment of bonds to the value of £3,000,942 was made to bond holders”

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

  -62.7%

  £8,516,500 → £3,175,000

• Cash

  -16.9%

  £1,068,901 → £888,409

• Net assets

  -11.2%

  -£88,974,191 → -£98,950,026

• Employees

  0%

  3 → 3

• Operating profit

  +110.9%

  -£13,917,947 → £1,521,648

• Profit before tax

  +58.7%

  -£24,134,467 → -£9,975,835

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