BGF4 (NOTTINGHAM) LLP

1. BGF4 (NOTTINGHAM) LLP 2021-07-19 → present
2. BGF4 (WITHAM - RETAIL) LLP 2020-08-04 → 2021-07-19

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The Members have considered the working capital needs of the business by preparing detailed future plans for the project, reviewing those plans on a regular basis and ensuring that adequate facilities are in place to cover fluctuations in projected project expenditure over the next 12 months, and have concluded that with the continued support of the LP, the LLP will be able to meet its liabilities as they fall due. Thus, the Members continue to adopt the going concern basis of accounting in preparing the LLP's annual financial statements.”

Significant events

• “In September 2021, the LLP acquired a 17-acre site located close to junction 26 of the M1 motorway, five miles to the northwest of Nottingham. The business plan is to secure planning and speculatively develop a 362,000 sq. ft single unit regional distribution centre for both investment and rental income.”
• “The development reached practical completion in December 2023 achieving BREEAM Excellent, Net Zero in Construction and Net Zero Enabled.”
• “The loan facility was amended in November 2024 to £26.2m (2024: £29.4m) following a paydown of £2.5m and is provided at a fixed rate of 8% interest per annum and secured against the assets of the LLP. The loan is due to mature in September 2025.”

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

Filings

3

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

  —

  Not reported

• Cash

  -100%

  £945,228 → £327

• Net assets

  -132.1%

  -£1,007,330 → -£2,338,462

• Employees

  —

  Not reported

• Operating profit

  -102.4%

  £3,842,368 → -£93,186

• Profit before tax

  -149.4%

  £2,693,148 → -£1,331,132

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