ROBERTSON PARTNERSHIP HOMES LIMITED

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

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In summary, the Company reported a loss before tax of £1.9m, a net current liability position of £6m and net liabilities of £57.4m at 31 March 2025. During the financial year, Newlands (Elgin) Holdings Limited provided a letter of support to extend and increase potential funding to £50m to take account of the funding requirements of the business over the next 12 month period with a degree of headroom. A separate related party loan of £20m was put in place to specifically fund the development impacted by the ground stabilisation issue with expiry in June 2026. At the date of signing, the Company has drawn down £44m of the term loan and had cash balances of £1.9m. Of the £20m additional loan, £4.75m had been drawndown at the date of signing. This provides total headroom of £23m. The Company recognises that the management of cash resources is paramount during such times and the funding position is reviewed and reported on a regular basis. On this basis, the directors have concluded that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “It was identified in recent financial statements that the Company was dealing with a ground stabilisation issue at one development. Remedial works continue to progress well across the development with nearly all units handed over. In these financial statements, we have recognised recovery of £2.4m, based on Insurance monies received in April 2025.”
• “Since the year end, the Company has become the delivery partner of a related party, and will work with them to deliver quality affordable projects in urban regenerations areas across Scotland.”

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

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +118.2%

  £19,377,000 → £42,272,000

• Cash

  +167%

  £212,000 → £566,000

• Net assets

  -3.6%

  -£55,405,000 → -£57,379,000

• Employees

  0%

  67 → 67

• Operating profit

  +102.8%

  -£4,599,000 → £127,000

• Profit before tax

  +69.2%

  -£6,302,000 → -£1,940,000

• Wages

  +2.1%

  £3,534,000 → £3,607,000

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