LINDEN HOMES (SHERFORD) LLP

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. LINDEN HOMES (SHERFORD) LLP 2015-05-26 → present
2. SHERFORD DEVELOPMENTS LLP 2015-01-20 → 2015-05-26
3. LINDEN HOMES (SHERFORD) LLP 2013-04-18 → 2015-01-20

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that for the foreseeable future the LLP will be able to meet its liabilities as they fall due. The members performed an assessment in relation to the LLP's ability to continue as a going concern, this included assessing its current financial position and reviewing future cash flow forecasts with considerations to entity specific factors. Accordingly, the members believe in the LLP's ability to continue as a going concern and to meet its financial obligations as they fall due for the foreseeable future and as minimum for a period of twelve months from the date of signing these financial statements.”

Significant events

• “During the period, the LLP changed its accounting reference date from 31 December to 30 November. The current period in this report and financial statements covers a period of eleven months to 30 November 2024, whilst the comparative figures cover a period of a year to 31 December 2023.”
• “Prior to 23 December 2024, the LLP was jointly owned by Vistry Linden Limited and Linden Limited, with both companies sharing equal control... On 23 December 2024, Linden Limited sold its interest in the LLP to Latimer Developments Limited and Vistry Linden Limited and Latimer Developments Limited entered into a Limited Liability Partnership Agreement. As a result of this transaction, the LLP became a joint venture, jointly owned by Vistry Linden Limited and Latimer Developments Limited...”
• “Linden Limited resigned as a member on 23 December 2024. Latimer Developments Limited was appointed as member on 23 December 2024.”
• “On 18 December 2024, the LLP declared a final dividend relating to the period ended 30 November 2024 of £10,028,691.”
• “on 23 December 2024, Vistry Linden Limited and Latimer Developments Limited entered into a formal loan agreement with the LLP. The LLP's existing balance owed to related parties (note 11 and 16) were repaid and the LLP received loans from Vistry Linden Limited and Latimer Developments Limited, with interest charged at 5.5% above SONIA per annum.”

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

Filings

6

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

  -21.1%

  £25,736,000 → £20,306,000

• Cash

  +808.8%

  £509,000 → £4,626,000

• Net assets

  +56.8%

  £6,380,000 → £10,006,000

• Employees

  —

  Not reported

• Operating profit

  -31.7%

  £6,037,000 → £4,126,000

• Profit before tax

  -32.5%

  £5,371,000 → £3,626,000

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