WATFORD HEALTH CAMPUS PARTNERSHIP LLP

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

UK-adopted international accounting standards

Reporting scope

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board's going concern assessment considers the cashflows for both committed and uncommitted projects, for a period of at least 12 months from the date of signing these financial statements. Based on the assumptions above, it may be expected that some future cash injections will be required in the short term, to fund committed projects that will later yield positive cashflows.”

Group structure

1. WATFORD HEALTH CAMPUS PARTNERSHIP LLP · parent
   1. Watford Health Campus Neighbourhood Square LLP (previously Watford Woodlands LLP) 99.9% · Property Development
   2. Watford Riverwell (Family Housing) LLP 99.9% · Property Development
   3. Watford Riverwell (Central Zone) LLP 99.9% · Property Development

Significant events

• “During the year, the Partnership entered into a Forward Funding agreement with Safestore, to construct a purpose-built shell and core logistics unit, which is scheduled to complete in spring 2026.”
• “The wider group continued works on the Watford Riverwell (Family Housing) LLP project, successfully completing and having sold all of the Open Market Sale (OMS) houses, as well as settling the loan with Paragon, ahead of the financial year end.”
• “After the year end, the affordable housing development within Riverwell also reached practical completion.”

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

  -14%

  £25,640,000 → £22,055,000

• Cash

  +1,387.4%

  £564,000 → £8,389,000

• Net assets

  -73.7%

  £1,178,000 → £310,000

• Employees

  —

  Not reported

• Operating profit

  -137.5%

  £4,599,000 → -£1,725,000

• Profit before tax

  -101.5%

  £4,599,000 → -£68,000

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