WEMBLEY LINK 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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The members confirm there are sufficient funds in the Partnership to cover the anticipated liabilities for the next 12 months. Accordingly, it is the Members' reasonable expectation that the Partnership has adequate resources to continue in operational existence for at least 12 months from the date of approval of the financial statements.”

Significant events

• “In January 2018, the Partnership acquired the freehold of a site on the north side of High Road, Wembley, at a purchase price of £5,600,000.”
• “In 2020, the Partnership entered into a forward funding agreement with Levrick Trustee III Limited.”
• “Henry Construction Limited was appointed as the primary contractor, and construction work commenced in October 2020.”
• “Henry Construction abandoned their projects and filed for administration in June 2023.”
• “the Partnership appointed JJ Rhatigan to replace Henry Construction and complete the works on an open-book cost basis, along with management fees.”
• “the project reached practical completion in October 2024.”
• “In December 2023, the Partnership received a performance bond payment of £4.89 million”
• “Following the incident involving Henry Construction, substantial LADs were contractually due but the Partnership has managed to successfully negotiate a substantial relief with the funder Levrick Trustee III Limited.”

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

Filings

2

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

  -27.3%

  £14,511,726 → £10,550,652

• Cash

  -61.1%

  £4,343,042 → £1,690,531

• Net assets

  -61.4%

  £5,105,380 → £1,972,647

• Employees

  —

  Not reported

• Operating profit

  -124%

  £6,846,142 → -£1,639,756

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