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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-13 (in 3mo)

Last made up 2025-07-30

Watchouts

None on the register

Cash

£12M

Latest balance sheet

Net assets

£3M

Equity attributable

Employees

0

Average over period

Profit before tax

-£7M

Period ending 2024-12-31

Name history

Renamed 1 time since incorporation

  1. PIC AH HOLDCO LLP 2024-06-17 → present
  2. PIC LSQ HOLDCO LLP 2023-04-21 → 2024-06-17

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£109,369-£465,484
Profit before tax -£1,451,691-£6,863,082
Net profit -£1,451,691-£6,863,082
Cash £3£11,743,121
Total assets less current liabilities £27,498,503£30,616,176
Net assets -£1,451,691£2,685,227
Equity -£1,451,691£2,685,227
Average employees 00
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Return on capital employed -0.4%-1.5%
Gearing (liabilities / total assets) 105.1%91.5%
Current ratio 12.75x14.17x
Interest cover -0.83x-756.88x

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.

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As at 31 December 2024, the Group was at a net asset of £2,685,227 (2023: net liability of £1,451,691). Also, Pension Insurance Corporation plc has committed continued funding and consider the Group retains sufficient working capital to continue trading for at least 12 months from the date of approval these financial statements. Therefore, the Group considers it appropriate to prepare these financial statements on a going concern basis.”

Group structure

  1. PIC AH HOLDCO LLP · parent
    1. PIC AR SQR LLP 99.99% · UK · Investment holding
    2. PIC SO SQR LLP 99.99% · UK · Investment holding
    3. PIC LSQ Buildco 1 LLP 99.99% · UK · Construction

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

People

2 active · 0 resigned

Name Role Appointed Born Nationality
PENSION INSURANCE CORPORATION PLC Corporate Llp Designated Member 2023-04-21
PIC HOLDINGS LIMITED Corporate Llp Designated Member 2023-04-21

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Pension Insurance Corporation Plc Corporate entity voting-rights-25-to-50-percent-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership 2023-04-21 Active
Pic Holdings Limited Corporate entity voting-rights-25-to-50-percent-limited-liability-partnership, right-to-share-surplus-assets-25-to-50-percent-limited-liability-partnership 2023-04-21 Active

Filing timeline

Last 15 of 15 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2024-06-17 CERTNM Certificate change of name company
  • 2024-06-17 LLNM01 Change of name notice limited liability partnership
Date Type Category Description
2026-04-23 LLPSC05 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2026-04-23 LLCH02 officers Change corporate member limited liability partnership with name change date PDF
2025-07-31 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-09 AA accounts Accounts with accounts type group
2024-11-27 LLPSC05 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2024-11-27 LLCH02 officers Change corporate member limited liability partnership with name change date PDF
2024-11-27 LLAD01 address Change registered office address limited liability partnership with date old address new address PDF
2024-10-03 AA accounts Accounts with accounts type group
2024-07-30 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-17 CERTNM change-of-name Certificate change of name company
2024-06-17 LLNM01 change-of-name Change of name notice limited liability partnership
2024-05-10 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-30 LLMR01 mortgage Mortgage create with deed with charge number charge creation date limited liability partnership PDF
2023-05-11 LLAA01 accounts Change account reference date limited liability partnership current shortened PDF
2023-04-21 LLIN01 incorporation Incorporation limited liability partnership PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Year-on-year comparison hidden: this filing covers about 12 months versus 9 months prior.

Official Companies House page