CALA GROUP LIMITED

1. CALA GROUP LIMITED 2008-04-25 → present
2. NEW CALA LIMITED 2007-11-07 → 2008-04-25
3. DUNWILCO (1481) LIMITED 2007-06-26 → 2007-11-07

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

IFRS

Reporting scope

Consolidated group

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared these financial statements on the going concern basis. In accordance with FRC guidance, financial forecasts have been prepared for a period of at least twelve months from the date of approval of these financial statements. These forecasts take account of the Group's assessment of its possible downside risks which may include reduced sales prices and rates and increased costs. The Group manages its short and medium term cash requirements through a combination of cash balances and a £400 million revolving credit facility of which £289.9 million was drawn at the year end. This facility expires in September 2027. This was enhanced in February 2024 for the wider group through the completion of two loans provided by Legal & General Capital Investments Limited. These facilities are in two tranches of £75 million and £95 million respectively, with both tranches expiring in December 2027. The Group's financial forecasts demonstrate the Group will be able to operate with sufficient liquidity within its available facilities, including being able to comply with relevant financial covenants at each required test date and to repay the short term facilities in full on their expiry. These forecasts include a downside scenario which models a reduction in sale rate and sale price. The Directors therefore believe that that the Group is well placed to withstand any reasonably possible market downturns should they arise. There are also a wide range of mitigating actions that are within the control of the Group that could be taken, if required, to ensure the Group remains within its banking facilities and continues to comply with its covenants. As a result, the projected trading position for the group enables the Directors to form a judgement that the Company and Group have adequate resources to continue to trade for the foreseeable future and that the Group will be able to realise its assets and discharge its liabilities in the normal course of business. For these reasons the Directors believe it is appropriate to continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. CALA GROUP LIMITED · parent
   1. Cala 1999 Limited 100% · UK · Administrative & holding company
   2. Cala Limited 100% · UK · Administrative & holding company
   3. Cala Management Limited 100% · UK · Home building
   4. Cala Homes (East) Limited 100% · UK · Dormant
   5. Cala Homes (Cotswolds) Limited 100% · UK · Dormant
   6. Cala Homes (Chiltern) Limited 100% · UK · Dormant
   7. Cala Homes (Thames) Limited 100% · UK · Dormant
   8. Cala Homes (West) Limited 100% · UK · Dormant
   9. Cala Homes (North) Limited 100% · UK · Dormant
   10. Cala Homes (North Home Counties) Limited 100% · UK · Dormant
   11. Cala Homes (South Home Counties) Limited 100% · UK · Dormant
   12. Cala Homes (Southern) Limited 100% · UK · Dormant
   13. Cala Ventures Limited 100% · UK · Home building
   14. Cala Land Investments Limited 100% · UK · Home building
   15. Cala (ESOP) Trustees Limited 100% · UK · Trustee
   16. Cala Land Investments (Bearsden) Limited 100% · UK · Home building
   17. Cala Homes Limited 100% · UK · Dormant
   18. Cala Homes (Scotland) Limited 100% · UK · Dormant
   19. Cala Homes (Yorkshire) Limited 100% · UK · Dormant
   20. Taylor Lane Timber Frame Limited 100% · UK · Timber frame manufacturing
   21. Taylor Lane (Wales) Limited 100% · UK · Timber frame manufacturing

Significant events

• “On 31 October 2024, Cala was acquired by Sixth Street Partners and Patron Capital Advisors.”
• “Following the acquisition of Cala by Sixth Street Partners and Patron Capital, all the share-based payment schemes ceased.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -1.1%

  £1,249,505,000 → £1,235,766,000

• Cash

  +71%

  £10,353,000 → £17,703,000

• Net assets

  +1.1%

  £527,385,000 → £533,179,000

• Employees

  -0.4%

  1,475 → 1,469

• Operating profit

  -49.8%

  £115,473,000 → £57,959,000

• Profit before tax

  -83.6%

  £82,000,000 → £13,429,000

• Wages

  +16%

  £99,067,000 → £114,880,000

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